La Figurita real estate data — Índice INGAR

La Figurita: USD 2,125/m² median asking price for apartments in March 2026, estimated gross rental yield 6.6%.

Last updated: August 1, 2026.

How much does a square meter cost in La Figurita, Montevideo?

Not enough data to publish apartments figures for La Figurita this month; latest available data: March 2026.

Monthly seriesApartments

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 2,1251,4412,3286.6%Low
Apr 2026Insufficient data this month
May 2026Insufficient data this month
Jun 2026Insufficient data this month
Jul 2026Insufficient data this month

* 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 La Figurita, Montevideo?

A house in La Figurita has a median asking price of USD 139,000 in July 2026 (USD 1,231/m², typical surface 102 m²), +4.3% versus the previous month.

In July 2026, La Figurita ranks #23 of 55 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved +4.3%; since the series began (March 2026) it accumulates +8.2%. Supply in the neighborhood is low relative to the rest of the city, with 1.7 months of inventory at the current sales pace. Estimated capital appreciation for the area is +3.8% 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 1,231
P25–P75 (USD/m²)
1,071 – 1,536
Median price (USD)
USD 139,000
Median surface
102 m²
MoM change
+4.3%
Change since series start
+8.2%
Median rent (USD/mo)
USD 958
Estimated gross yield
9.1% estimated
Estimated net yield
5.9% estimated
Months of supply
1.7
Absorption rate
57.6%
Estimated capital appreciation (INE + DGI)
+3.8%
Supply
Low

Monthly seriesHouses

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 1,1381,1031,3569.4%Low
Apr 2026USD 1,1381,0651,4630.0%9.5%Low
May 2026USD 1,1441,0781,532+0.5%9.0%Low
Jun 2026USD 1,1651,0671,536+1.8%8.8%Low
Jul 2026USD 1,2311,0711,536+4.3%9.1%Low

* 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 La Figurita, Montevideo?

The average rent in La Figurita was UYU 23,148 (USD 579) 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 +4.4% in pesos (+8.7% in dollars). The average comes from 380 new contracts registered over the last 12 months (rolling annual average). The figure corresponds to the INE area “Figurita”, which includes this neighborhood. 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$ 22,179USD 532273
Jun 2025$ 22,101USD 541266
Jul 2025$ 22,174USD 551261
Aug 2025$ 22,239USD 555257
Sep 2025$ 22,508USD 563397
Oct 2025$ 22,457USD 563391
Nov 2025$ 22,765USD 573388
Dec 2025$ 23,067USD 589390
Jan 2026$ 23,433USD 610402
Feb 2026$ 22,844USD 592390
Mar 2026$ 22,952USD 570385
Apr 2026$ 22,902USD 572373
May 2026$ 23,148USD 579380

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 La Figurita, Montevideo?

La Figurita had 857 m² of new housing approved in 2025 (3 building permits), +184% versus 2024.

La Figurita ranks #46 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
20214668
202221,440
20233588
20243301
20253857

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