Price Ranking by Neighborhood in Montevideo — June 2026

INGAR · · Rankings

Price Ranking by Neighborhood in Montevideo — June 2026

The most expensive neighborhoods in Montevideo

The east coast of Montevideo continues to be the highest-value area of the real estate market. The June 2026 ranking shows a fairly stable structure in the top 10, with Parque Miramar leading again at USD 4,251/m², followed by Puerto Buceo (USD 4,041/m²) and Golf (USD 4,040/m²).

NeighborhoodUSD/m²RangeChange %Sample
Parque MiramarUSD 4,251/m²USD 3,866 – 4,6880.3%464
Puerto BuceoUSD 4,041/m²USD 3,272 – 4,9370.2%1,436
GolfUSD 4,040/m²USD 3,363 – 4,7780.5%418
CarrascoUSD 4,031/m²USD 3,355 – 4,730-1.3%5,164
Villa BiarritzUSD 4,027/m²USD 3,112 – 4,5560.1%922
Carrasco NorteUSD 3,899/m²USD 3,372 – 4,5150.5%1,572
Punta CarretasUSD 3,858/m²USD 3,358 – 4,363-0.2%7,607
Pocitos NuevoUSD 3,841/m²USD 3,233 – 4,325-0.1%3,361
Parque RodóUSD 3,629/m²USD 3,111 – 4,333-2.0%3,022
PocitosUSD 3,553/m²USD 3,104 – 4,088-0.4%15,032

What's interesting is that the premium market maintains notable stability. Parque Miramar, the most expensive neighborhood, barely grew 0.3%, while Puerto Buceo recorded an almost imperceptible 0.2%. This reflects that in these segments, demand is consolidated and prices are already well adjusted.

Carrasco remains the neighborhood with the most listings in the premium segment (5,164 properties), indicating greater liquidity in that area. Puerto Buceo follows with 1,436 listings. Punta Carretas, although with somewhat more moderate values (USD 3,858/m²), has a very broad supply with 7,607 properties for sale, positioning it as the most accessible alternative within the high-category coast.

For buyers of primary residences, Punta Carretas and Pocitos offer a good balance: you maintain the prestige of the coast, but with more reasonable prices than your more exclusive neighbors. You can consult our analysis on best neighborhoods to invest if you're looking to combine appreciation with immediate returns.

Mid-range neighborhoods

The middle zone of Montevideo concentrates neighborhoods with values between USD 2,200/m² and USD 3,600/m². This is the segment where you find the greatest diversity of options and characteristics.

NeighborhoodUSD/m²RangeChange %Sample
MalvínUSD 3,406/m²USD 2,842 – 3,934-0.4%7,750
BuceoUSD 3,261/m²USD 2,736 – 3,765-0.7%5,963
Punta GordaUSD 3,224/m²USD 2,771 – 4,5051.9%623
PalermoUSD 3,165/m²USD 2,707 – 3,565-0.4%3,549
La BlanqueadaUSD 3,029/m²USD 2,550 – 3,484-0.8%12,476
Parque BatlleUSD 3,008/m²USD 2,589 – 3,530-0.2%4,619
Arroyo SecoUSD 3,007/m²USD 2,543 – 3,54553.4%2,660
Villa MuñozUSD 2,992/m²USD 2,533 – 3,527-0.9%2,680
Barrio SurUSD 2,938/m²USD 2,560 – 3,3790.4%1,994
CordónUSD 2,882/m²USD 2,484 – 3,279-0.3%18,740
Tres CrucesUSD 2,773/m²USD 2,397 – 3,137-0.3%7,043
PradoUSD 2,771/m²USD 2,197 – 3,177-1.9%2,018
CentroUSD 2,663/m²USD 2,248 – 3,0910.9%10,259

Malvín leads this segment with USD 3,406/m² and the largest supply (7,750 listings). Cordón follows with 18,740 properties on offer, positioning it as the neighborhood with the most variety of options throughout Montevideo. La Blanqueada also has a very robust supply (12,476 listings) at more accessible values (USD 3,029/m²).

Centro maintains its dynamism with 10,259 properties at USD 2,663/m², reflecting sustained demand for both investment and primary residence. The slight monthly growth (0.9%) suggests there are buyers interested in the area.

Arroyo Seco stands out as the month's surprise with an explosive 53.4% increase. This change is significant and deserves attention: it went from USD 1,955/m² to USD 3,007/m². Although the volume of listings is moderate (2,660), the data likely reflects a price reclassification or a new dynamic in the neighborhood. Investors should monitor this area closely.

Most accessible neighborhoods

In the USD 950 to USD 1,700/m² range you find options for investment with greater rental yield potential and more democratic access for owner-occupants. This is the segment where more dynamic changes occur.

NeighborhoodUSD/m²RangeChange %Sample
ReductoUSD 1,905/m²USD 1,463 – 2,2760.9%501
SayagoUSD 1,820/m²USD 1,332 – 2,0862.4%264
UniónUSD 1,801/m²USD 1,455 – 2,4323.5%2,105
ItuzaingóUSD 1,800/m²USD 1,429 – 2,0173.0%226
Paso MolinoUSD 1,794/m²USD 1,283 – 2,085-0.2%206
La FiguritaUSD 1,779/m²USD 1,525 – 2,373-41.7%55
Aires PurosUSD 1,756/m²USD 1,207 – 2,1041.7%197
Villa EspañolaUSD 1,674/m²USD 1,363 – 1,9145.0%549
Bañados de CarrascoUSD 1,646/m²USD 1,336 – 2,1844.6%191
BolívarUSD 1,584/m²USD 1,236 – 2,0782.9%1,397
ConciliaciónUSD 1,499/m²USD 1,180 – 2,0112.8%1,301
MarconiUSD 1,435/m²USD 1,079 – 1,9211.6%2,047
CasavalleUSD 1,435/m²USD 1,079 – 1,921-4.6%2,047
Malvín NorteUSD 1,324/m²USD 1,048 – 1,5410.8%952
Bella ItaliaUSD 1,315/m²USD 1,020 – 2,35222.8%97
La TejaUSD 1,310/m²USD 1,099 – 1,468-3.2%110
MaroñasUSD 1,223/m²USD 927 – 1,7841.6%246
Flor de MaroñasUSD 1,198/m²USD 926 – 1,8537.3%286
LezicaUSD 1,196/m²USD 936 – 1,7449.5%203
Punta RielesUSD 1,153/m²USD 922 – 1,5479.0%193
Las CanterasUSD 1,143/m²USD 861 – 1,6936.2%441
Curva de MaroñasUSD 1,143/m²USD 861 – 1,6936.2%441
CerritoUSD 1,113/m²USD 844 – 1,4913.1%263
Jardines del HipódromoUSD 1,089/m²USD 772 – 1,6834.5%289
MangaUSD 1,078/m²USD 785 – 1,4252.1%197
Tres OmbúesUSD 1,044/m²USD 868 – 1,2800.3%255
Santiago VázquezUSD 1,041/m²USD 854 – 1,2780.5%510
PeñarolUSD 1,015/m²USD 834 – 1,247-1.0%306
Paso de la ArenaUSD 1,012/m²USD 853 – 1,2500.4%301
BelvedereUSD 1,002/m²USD 865 – 1,458-1.8%221
ColónUSD 958/m²USD 792 – 1,130-0.4%381
Piedras BlancasUSD 953/m²USD 733 – 1,1352.4%64
CerroUSD 952/m²USD 815 – 1,166-2.5%199
Nuevo ParísUSD 939/m²USD 765 – 1,1691.7%171

In this segment you find neighborhoods with solid fundamentals for investment. Villa Española advances with 5.0% growth at USD 1,674/m², with an interesting supply of 549 listings. Unión (USD 1,801/m²) also shows dynamism with 3.5% increase and 2,105 available properties.

The eastern areas (Lezica, Punta Rieles, Flor de Maroñas) register double-digit growth: Lezica grows 9.5%, Punta Rieles 9.0% and Flor de Maroñas 7.3%. These movements suggest the market is revaluing those areas, probably due to urban projects or infrastructure improvements.

Consult our price vs. rental comparison to see which of these neighborhoods offers the best return considering both factors.

Notable changes this month

June 2026 registers extreme movements that are worth analyzing:

Most pronounced increases:

  • Arroyo Seco: +53.4% (USD 3,007/m²). This increase is exceptional and likely reflects a reclassification or new higher-standard supply that is redefining the neighborhood's perception.
  • Bella Italia: +22.8% (USD 1,315/m²). With only 97 listings, the increase could be due to a smaller sample, but the trend is positive.
  • Lezica: +9.5% (USD 1,196/m²). Genuine growth with 203 properties on offer.
  • Punta Rieles: +9.0% (USD 1,153/m²) and Flor de Maroñas: +7.3% (USD 1,198/m²). The eastern area is being revalued.

Most significant declines:

  • La Figurita: -41.7% (USD 1,779/m²). A dramatic fall with only 55 listings, possibly due to changes in inventory composition or price corrections on a small sample.
  • Larrañaga: -33.4% (USD 2,086/m²). Significant correction in this less liquid neighborhood (256 listings).
  • Jacinto Vera: -4.7% (USD 2,221/m²). Moderate but consistent adjustment (542 listings).
  • Casavalle: -4.6% (USD 1,435/m²) and La Teja: -3.2% (USD 1,310/m²). Small corrections in neighborhoods in the north and northwest.

Conclusion

The Montevideo real estate market in June 2026 shows stability on the coast, where premium prices fluctuate between ±2%, while in the interior and less dense areas there is greater volatility. This is normal: when there are fewer listings, small changes in the sample generate large percentage variations.

There are three trends to monitor:

1. Revaluation in the east: Lezica, Punta Rieles and Flor de Maroñas show consistent growth. If these neighborhoods are receiving public or private investment, it could be a good time to buy.

2. Premium stability: The coast maintains solid prices with minimal fluctuations. It's a mature market where there are no big surprises.

3. Opportunities in the mid-low segment: Unión, Villa Española and Bolívar advance gradually (2-3% monthly). These are areas with greater growth potential than the coast.

For owner-occupants, the best options remain Punta Carretas and Pocitos (excellent location, contained values). For investors seeking returns, the east (Lezica, Punta Rieles) or mid-range neighborhoods in expansion (Unión, Villa Española) may offer better returns in the medium term.

Updated: June 2026. Source: INGAR analysis based on active real estate supply in Montevideo.

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