Reducto real estate data — Índice INGAR

Reducto: USD 1,865/m² median asking price for apartments in July 2026, estimated gross rental yield 7.3%.

Last updated: August 1, 2026.

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

An apartment in Reducto costs a median of USD 1,865 per m² in July 2026, -0.2% versus the previous month.

In July 2026, Reducto ranks #37 of 49 published neighborhoods by price per m² in apartments (#1 = most expensive). The median asking price is USD 99,000 for a typical surface of 56 m². Versus the previous month the price per m² moved -0.2%; since the series began (March 2026) it accumulates +1.6%. 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 +3.3% 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 1,865
P25–P75 (USD/m²)
1,435 – 2,343
Median price (USD)
USD 99,000
Median surface
56 m²
MoM change
-0.2%
Change since series start
+1.6%
Median rent (USD/mo)
USD 652
Estimated gross yield
7.3% estimated
Estimated net yield
4.7% estimated
Months of supply
1.4
Absorption rate
70.7%
Estimated capital appreciation (INE + DGI)
+3.3%
Supply
Medium

What rental yield does an apartment in Reducto produce?

An apartment in Reducto yields an estimated 7.3% gross per year in July 2026 (4.7% estimated net), with a median rent of USD 652 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 1,8351,3842,3147.8%Medium
Apr 2026USD 1,8141,3642,300-1.1%7.7%Medium
May 2026USD 1,8161,4052,352+0.1%7.0%Medium
Jun 2026USD 1,8651,4142,341+2.7%7.0%Medium
Jul 2026USD 1,8651,4352,343-0.2%7.3%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 Reducto, Montevideo?

A house in Reducto has a median asking price of USD 170,000 in July 2026 (USD 1,160/m², typical surface 157 m²), -6.1% versus the previous month.

In July 2026, Reducto ranks #28 of 55 published neighborhoods by price per m² in houses (#1 = most expensive). Versus the previous month the price per m² moved -6.1%; since the series began (March 2026) it accumulates -6.1%. Supply in the neighborhood is medium relative to the rest of the city, with 1.8 months of inventory at the current sales pace. Estimated capital appreciation for the area is +3.3% 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 1,160
P25–P75 (USD/m²)
874 – 1,587
Median price (USD)
USD 170,000
Median surface
157 m²
MoM change
-6.1%
Change since series start
-6.1%
Median rent (USD/mo)
USD 999
Estimated gross yield
8.5% estimated
Estimated net yield
5.5% estimated
Months of supply
1.8
Absorption rate
55.3%
Estimated capital appreciation (INE + DGI)
+3.3%
Supply
Medium

Monthly seriesHouses

MonthMedian USD/m²P25P75MoM changeEstimated gross yield*Supply
Mar 2026USD 1,2351,0151,6248.2%Medium
Apr 2026USD 1,2359991,6190.0%8.0%Medium
May 2026USD 1,2469981,615+0.9%7.2%Medium
Jun 2026USD 1,2359501,615-0.9%7.5%Medium
Jul 2026USD 1,1608741,587-6.1%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 Reducto, Montevideo?

The average rent in Reducto was UYU 23,037 (USD 576) 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 +12.4% in pesos (+17.1% in dollars). The average comes from 446 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$ 20,497USD 492300
Jun 2025$ 20,682USD 506294
Jul 2025$ 20,951USD 521294
Aug 2025$ 21,126USD 528287
Sep 2025$ 22,047USD 552473
Oct 2025$ 21,833USD 547461
Nov 2025$ 22,142USD 557458
Dec 2025$ 22,204USD 567459
Jan 2026$ 23,428USD 609476
Feb 2026$ 22,587USD 586470
Mar 2026$ 22,620USD 562456
Apr 2026$ 22,967USD 574431
May 2026$ 23,037USD 576446

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 Reducto, Montevideo?

Reducto had 8,240 m² of new housing approved in 2025 (9 building permits), +50% versus 2024.

Reducto ranks #23 of 54 Montevideo neighborhoods by approved housing m² in 2025. So far in 2026, 1,632 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
202151,413
20225726
202372,248
202455,492
202598,240
2026 (partial)41,632

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