Asking Rent by Neighborhood in Montevideo — July 2026
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Asking rent by neighborhood
Across the 49 neighborhoods with publishable data in July 2026, the median of neighborhood median asking rents was USD 653 per month. This is not a median calculated across every apartment offered in Montevideo: each published neighborhood contributes one median to the city indicator.
Among those published neighborhoods, medians ranged from USD 429 in Maroñas to USD 2,894 in Golf. These are listing asking prices, not completed-contract prices.
| Neighborhood | Median rent |
|---|---|
| Maroñas | USD 429 |
| Colón | USD 438 |
| Cerro | USD 449 |
| Sayago | USD 460 |
| La Teja | USD 469 |
| Cerrito | USD 479 |
| Villa Española | USD 516 |
| Malvín Norte | USD 516 |
| Belvedere | USD 530 |
| Ituzaingó | USD 532 |
| Aires Puros | USD 544 |
| Capurro | USD 548 |
| Arroyo Seco | USD 574 |
| Paso Molino | USD 581 |
| Villa Dolores | USD 585 |
| Mercado Modelo | USD 586 |
| Unión | USD 588 |
| Goes | USD 596 |
| Capurro - Bella Vista | USD 616 |
| Atahualpa | USD 616 |
| Aguada | USD 648 |
| Bella Vista | USD 649 |
| La Comercial | USD 650 |
| Reducto | USD 652 |
| Ciudad Vieja | USD 653 |
| Brazo Oriental | USD 656 |
| Prado | USD 663 |
| Jacinto Vera | USD 668 |
| Centro | USD 677 |
| Cordón | USD 712 |
| La Blanqueada | USD 714 |
| Tres Cruces | USD 714 |
| Palermo | USD 734 |
| Parque Batlle | USD 742 |
| Parque Rodó | USD 744 |
| Barrio Sur | USD 747 |
| Buceo | USD 761 |
| Villa Muñoz | USD 763 |
| Pocitos Nuevo | USD 813 |
| Malvín | USD 840 |
| Larrañaga | USD 853 |
| Pocitos | USD 883 |
| Punta Carretas | USD 1,117 |
| Villa Biarritz | USD 1,154 |
| Puerto Buceo | USD 1,626 |
| Punta Gorda | USD 1,776 |
| Carrasco | USD 1,952 |
| Carrasco Norte | USD 2,244 |
| Golf | USD 2,894 |
What does your budget get you?
Below USD 600, the published list is concentrated mainly in northern and western neighborhoods, plus Malvín Norte in eastern Montevideo near Malvín. The USD 600-to-1,000 band covers much of the central corridor and several established coastal areas. Above USD 1,600 there are five eastern or premium residential areas, four of them coastal or close to the coast.
| Monthly rent | Neighborhood |
|---|---|
| Under USD 600 | Maroñas, Colón, Cerro, Sayago, La Teja, Cerrito, Villa Española, Malvín Norte, Belvedere, Ituzaingó, Aires Puros, Capurro, Arroyo Seco, Paso Molino, Villa Dolores, Mercado Modelo, Unión, Goes |
| USD 600 – 1,000 | Capurro - Bella Vista, Atahualpa, Aguada, Bella Vista, La Comercial, Reducto, Ciudad Vieja, Brazo Oriental, Prado, Jacinto Vera, Centro, Cordón, La Blanqueada, Tres Cruces, Palermo, Parque Batlle, Parque Rodó, Barrio Sur, Buceo, Villa Muñoz, Pocitos Nuevo, Malvín, Larrañaga, Pocitos |
| USD 1,000 – 1,600 | Punta Carretas, Villa Biarritz |
| Over USD 1,600 | Puerto Buceo, Punta Gorda, Carrasco, Carrasco Norte, Golf |
Neighborhoods in the middle band
Tres Cruces and La Blanqueada recorded USD 714, Palermo USD 734 and Parque Batlle USD 742 in median asking rent. Those values were 9% to 14% above the median of neighborhood medians. Location, services, travel times and property condition still need separate assessment.
Ciudad Vieja occupied the middle position among the 49 published neighborhoods at USD 653. Malvín Norte recorded USD 516 and Malvín USD 840; that difference alone does not show that the listed properties are equivalent in type, condition or precise location.
How much of an income does rent take?
Keeping rent to one third of household income is a planning guideline, not an official rule or a universal guarantee requirement. Used only as an illustration, it implies income of about USD 1,959 for USD 653 rent, USD 1,287 for Maroñas, USD 1,314 for Colón and USD 2,649 for Pocitos.
Common charges vary widely by building and services and are not included in the table. Check the amount in each listing and the specific guarantee conditions.
Conclusion
In July 2026, the median of the 49 published neighborhood medians was USD 653, and the range among publishable neighborhoods ran from USD 429 to USD 2,894. The comparison places a neighborhood within published supply; a final decision also depends on property type, condition, common charges, guarantee and travel times.
Read on: official INE contract prices and first-home guide.
Frequently asked questions
How often is this data updated?
It is recalculated once a month, with the previous month's close, and published alongside the INGAR Index.
Where do these prices come from?
From the INGAR Index survey of publicly listed supply in Montevideo: these are asking prices, not closing prices. The final contracted value may differ from the advertised price.
Want to decide with data instead of gut feel? See how to invest in Uruguay, get an online property appraisal or message us on WhatsApp.
This data is part of the INGAR Index, the monthly index of Montevideo's real estate market, with a data sheet per neighbourhood and a public methodology.
Updated with the 2026-07 close. Source: INGAR Index, the monthly index of Montevideo's real estate market.
Data from the INGAR Index — 2026-07.