Atahualpa real estate data — Índice INGAR

Atahualpa: USD 2,395/m² median asking price for apartments in September 2026, estimated gross rental yield 7.6%.

Last updated: October 1, 2026.

How much does a square meter cost in Atahualpa, Montevideo?

An apartment in Atahualpa costs a median of USD 2,395 per m² in September 2026, +4.8% versus the previous month.

In September 2026, Atahualpa ranks #29 of 48 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 131,800 for a typical surface of 56 m². Versus the previous month the price per m² moved +4.8%; since the series began (March 2026) it accumulates +5.7%. Published supply in the neighborhood is medium relative to the rest of the city; this does not measure completed sales. Estimated capital appreciation for the area is +3.6% per year; unlike the other figures in this section, this one is calculated from official INE and DGI series, not from our own survey. Figures reflect asking prices from the Índice INGAR, not closed transactions.

Apartments — September 2026

Median USD/m² (USD/m²)
USD 2,395
P25–P75 (USD/m²)
1,813 – 2,983
Median price (USD)
USD 131,800
Median surface
56 m²
MoM change
+4.8%
Change since series start
+5.7%
Estimated gross yield
7.6% estimated
Estimated capital appreciation (INE + DGI)
+3.6%
Supply
Medium

What rental yield does an apartment in Atahualpa produce?

An apartment in Atahualpa yields an estimated 7.6% gross per year in September 2026. Gross yield over asking prices: it does not deduct vacancy, management, maintenance or taxes, so net return depends on each individual deal.

Standard reference scenario: what is deducted and how much →

Calculate your net return

Monthly series — Apartments

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 2,2671,6742,900—6.2%Medium
Apr 2026USD 2,2671,5972,9780.0%7.4%Medium
May 2026USD 2,3571,6842,980+4.0%7.5%Medium
Jun 2026USD 2,2461,6552,783-4.7%8.2%Medium
Jul 2026USD 2,2061,6102,790-1.8%9.2%Medium
Aug 2026USD 2,2861,6102,900+3.6%7.4%Medium
Sep 2026USD 2,3951,8132,983+4.8%7.6%Medium

* Gross yield = annual rent ÷ asking price. It does not deduct vacancy, management, maintenance, taxes or acquisition costs. These are estimates based on asking prices, not promised returns. See methodology. The series starts in March 2026; cumulative change is measured from that start.

Source: Índice INGAR — our own market survey (asking prices).

How much does a house cost in Atahualpa, Montevideo?

A house in Atahualpa has a median asking price of USD 244,000 in September 2026 (USD 1,463/m², typical surface 186 m²), +0.3% versus the previous month.

In September 2026, Atahualpa ranks #19 of 51 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved +0.3%; since the series began (March 2026) it accumulates -18.5%. Published supply in the neighborhood is medium relative to the rest of the city; this does not measure completed sales. Estimated capital appreciation for the area is +3.6% per year; unlike the other figures in this section, this one is calculated from official INE and DGI series, not from our own survey. Figures reflect asking prices from the Índice INGAR, not closed transactions.

Houses — September 2026

Median USD/m² (USD/m²)
USD 1,463
P25–P75 (USD/m²)
1,018 – 2,013
Median price (USD)
USD 244,000
Median surface
186 m²
MoM change
+0.3%
Change since series start
-18.5%
Estimated capital appreciation (INE + DGI)
+3.6%
Supply
Medium

Monthly series — Houses

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 1,7951,3412,350—5.4%Medium
Apr 2026USD 1,7861,3322,364-0.5%7.3%Medium
May 2026USD 1,7131,3542,398-4.1%7.5%Medium
Jun 2026USD 1,6561,3292,364-3.3%7.6%Medium
Jul 2026USD 1,5281,3052,308-7.7%8.5%Medium
Aug 2026USD 1,4591,1742,000-4.5%—Medium
Sep 2026USD 1,4631,0182,013+0.3%—Medium

* Gross yield = annual rent ÷ asking price. It does not deduct vacancy, management, maintenance, taxes or acquisition costs. These are estimates based on asking prices, not promised returns. See methodology. The series starts in March 2026; cumulative change is measured from that start.

Source: Índice INGAR — our own market survey (asking prices).

How much is rent in Atahualpa, Montevideo?

The average rent in Atahualpa was UYU 22,148 (USD 551) in July 2026, based on real contracts registered with the DGI (Uruguay's tax agency) and published by the INE (national statistics institute).

Year over year it moved -4.3% in pesos (-4.2% in dollars). The average comes from 207 new contracts registered over the last 12 months (rolling annual average). INE publishes with a lag of about three months; the figure is an average per contract, with no breakdown by property type or size.

Monthly series — Official rent (INE)

MonthRent (UYU)Rent (USD)Contracts (12 mo)
Jul 2025$ 23,155USD 575147
Aug 2025$ 23,035USD 575146
Sep 2025$ 22,626USD 566237
Oct 2025$ 22,781USD 571231
Nov 2025$ 22,828USD 575236
Dec 2025$ 22,627USD 578234
Jan 2026$ 22,791USD 593231
Feb 2026$ 22,670USD 588219
Mar 2026$ 22,458USD 558209
Apr 2026$ 22,251USD 556198
May 2026$ 22,026USD 551203
Jun 2026$ 22,082USD 548207
Jul 2026$ 22,148USD 551207

Source: INE (Real Estate Activity Index — Rentals, based on contracts registered with the DGI). USD conversion: Ingar, using the BCU exchange rate.

How much new housing is being built in Atahualpa, Montevideo?

Atahualpa had 575 m² of new housing approved in 2025 (5 building permits), -46% versus 2024.

Atahualpa ranks #48 of 54 Montevideo neighborhoods by approved housing m² in 2025. So far in 2026, 234 m² have been approved (partial year, ~2-month publication lag). Building permits are the leading indicator of future supply: what is approved today reaches the market as new housing within roughly two to three years. The city series starts in 1997, allowing full construction cycles to be read.

Annual series — approved housing m²

YearPermitsApproved m²
2021108,354
20222336
202374,085
202431,073
20255575
2026 (partial)2234

Source: City of Montevideo (Intendencia) — Approved building permits, National Open Data Catalog. Aggregation by neighborhood: Ingar.

See the permits map →

Comparable neighborhoods

Prices, rents and yields: Índice INGAR, our own market survey (asking prices). Among those metrics, estimated capital appreciation is the only one built from official INE and DGI series.

Free to use with mandatory attribution: Source: Índice INGAR — ingar.com.uy/indice