Tres Cruces: Prices and Connectivity — July 2026
INGAR · · Market
How much does a square metre cost in Tres Cruces?
The square metre in Tres Cruces has a median of USD 2,778 for apartments, 12% above the Montevideo median, with a median total price of USD 150,300 across 55 square metres. It ranks 20th in the price table.
| Metric | Value |
|---|---|
| Median price per m² | USD 2,778/m² |
| Usual range (p25–p75) | USD 2,355 – 3,140/m² |
| Median total price | USD 150,300 |
| Median floor area | 55 m² |
| Monthly change | -0.9% |
| Year-to-date change | -2.1% |
| Median rent | USD 714 |
| Gross yield | 6.6% |
| Estimated net yield | 4.3% |
| Years of rent to cover the price | 17.5 |
| Months of supply | 1.5 |
| Supply level | High |
| Houses: median price per m² | USD 1,586/m² |
It sits in the upper-middle band of the table, very close to Centro (USD 2,734/m²) and Cordón (USD 2,855/m²), with which it competes directly for the same buyer.
What is the rent in Tres Cruces and what does it yield?
The median rent is USD 714 a month and the gross yield is 6.6%, one of the best in the central area and clearly above the city median (6.0%). The estimated net figure is 4.3% and the price is covered by 17.5 years of rent.
It is one of the five Montevideo neighbourhoods combining an above-median price with above-median profitability, a quadrant that this month holds just five members across the whole city. The explanation is simple: rent keeps pace with price because rental demand here is very solid.
How did Tres Cruces prices move this month?
Asking prices eased 0.9% in the month and are down 2.2% for the year, a moderate move. Supply is absorbed in 1.5 months, faster than the city median, with a high supply level.
That above-average liquidity, in an upper-mid-priced neighbourhood, is a favourable sign: there is volume on offer and it still sells quickly.
What sets Tres Cruces apart?
Tres Cruces is Montevideo's transport hub. The bus terminal concentrates all intercity traffic and much of the urban network, and around it a services hub has grown that includes the shopping centre, the Hospital de Clínicas a few blocks away, private health centres and a concentration of offices.
That hub condition shapes rental demand and makes it particularly stable: people from the interior who work or study in Montevideo, health staff, employees of the surrounding offices. It is demand that is less seasonal than Cordón's purely university-driven one.
The flip side is environmental: the terminal area has heavy traffic and noise, and the difference in quality of life between being two blocks or six from the terminal is considerable. Within the neighbourhood it pays to be precise about the location.
Houses in Tres Cruces cost USD 1,586/m² with a median price of USD 229,000, 43% less per square metre than apartments.
Who is Tres Cruces right for?
For the investor seeking the best available balance between return and area quality: 6.6% gross in a well-served central neighbourhood, with 1.5 months of absorption. Along with Ciudad Vieja and La Blanqueada, it offers one of the best risk-return ratios in the city.
To live in, it suits those who travel often to the interior or need quick connections across the city, and who prioritise services over a residential setting. Anyone seeking more calm at a similar price can look at Parque Batlle (USD 2,993/m²) or La Blanqueada (USD 2,932/m²), a few blocks away and more residential in profile.
Frequently asked questions
How much does a square metre cost in Tres Cruces?
The table above shows the neighbourhood's median USD per square metre and its usual range, updated with the INGAR Index monthly close.
Is Tres Cruces a good place to invest?
It depends on your goal: check the yield and supply dynamics above. For a read on a specific property, get an online appraisal or write to us.
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. See the Tres Cruces data sheet with the full monthly series and the 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.