Atahualpa real estate data — Índice INGAR

Atahualpa: USD 1,920/m² median asking price for apartments in July 2026, estimated gross rental yield 9.2%.

Last updated: August 1, 2026.

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

An apartment in Atahualpa costs a median of USD 1,920 per m² in July 2026, -0.5% versus the previous month.

In July 2026, Atahualpa ranks #36 of 49 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 130,000 for a typical surface of 65 m². Versus the previous month the price per m² moved -0.5%; since the series began (March 2026) it accumulates -4.0%. Supply in the neighborhood is medium relative to the rest of the city, with 1.4 months of inventory at the current sales pace. 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.

ApartmentsJuly 2026

Median USD/m² (USD/m²)
USD 1,920
P25–P75 (USD/m²)
1,529 – 2,552
Median price (USD)
USD 130,000
Median surface
65 m²
MoM change
-0.5%
Change since series start
-4.0%
Median rent (USD/mo)
USD 616
Estimated gross yield
9.2% estimated
Estimated net yield
6.0% estimated
Months of supply
1.4
Absorption rate
72.9%
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 9.2% gross per year in July 2026 (6.0% estimated net), with a median rent of USD 616 per month. These are estimates over asking prices, not guaranteed returns.

How the net yield is estimated (total deduction of 35.16%)

Monthly seriesApartments

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 2,0751,5992,7146.2%Medium
Apr 2026USD 1,9321,5322,680-6.9%7.4%Medium
May 2026USD 1,9751,6502,574+2.2%7.5%Medium
Jun 2026USD 1,9201,4772,519-2.8%8.2%Low
Jul 2026USD 1,9201,5292,552-0.5%9.2%Medium

* Yields 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 237,500 in July 2026 (USD 1,382/m², typical surface 178 m²), -5.3% versus the previous month.

In July 2026, Atahualpa ranks #20 of 55 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved -5.3%; since the series began (March 2026) it accumulates -13.4%. Supply in the neighborhood is medium relative to the rest of the city, with 1.6 months of inventory at the current sales pace. 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.

HousesJuly 2026

Median USD/m² (USD/m²)
USD 1,382
P25–P75 (USD/m²)
975 – 2,011
Median price (USD)
USD 237,500
Median surface
178 m²
MoM change
-5.3%
Change since series start
-13.4%
Median rent (USD/mo)
USD 950
Estimated gross yield
8.5% estimated
Estimated net yield
5.5% estimated
Months of supply
1.6
Absorption rate
62.2%
Estimated capital appreciation (INE + DGI)
+3.6%
Supply
Medium

Monthly seriesHouses

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 1,5871,0802,0285.4%Medium
Apr 2026USD 1,5911,0512,018+0.3%7.3%Medium
May 2026USD 1,5601,1472,025-2.0%7.5%Medium
Jun 2026USD 1,4511,0902,022-7.0%7.6%Medium
Jul 2026USD 1,3829752,011-5.3%8.5%Medium

* Yields 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 22,700 (USD 567) in May 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 -1.0% in pesos (+3.1% in dollars). The average comes from 203 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)
May 2025$ 22,935USD 550146
Jun 2025$ 23,022USD 564140
Jul 2025$ 23,155USD 575147
Aug 2025$ 23,035USD 575146
Sep 2025$ 23,091USD 578237
Oct 2025$ 23,060USD 578231
Nov 2025$ 23,101USD 582236
Dec 2025$ 23,052USD 589234
Jan 2026$ 22,952USD 597231
Feb 2026$ 23,000USD 596218
Mar 2026$ 22,958USD 570209
Apr 2026$ 22,815USD 570197
May 2026$ 22,700USD 567203

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. 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

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