Carrasco, Montevideo: homes, apartments, prices and guide
Carrasco was planned as a garden neighborhood and retains a distinctive relationship between the coast, tree-lined streets, houses and lower-scale apartment buildings. The Rambla, Arocena and inland sectors answer different searches.
An apartment's price per square meter should not be compared directly with a house's total price. Land, built area, condition, outdoor maintenance and car dependence change the analysis.
What living in Carrasco is like
Arocena concentrates retail activity and links the Rambla with inland Carrasco. Walking your normal errands is the best way to test how useful that proximity is.
A waterfront property and an inland home have different exposure, sound and maintenance. For houses, roofs, drainage, gardens and enclosures need their own inspection.
Which part of Carrasco is right for you?
Rambla and Hotel Carrasco area
Views and daylight depend on orientation, vegetation, floor and nearby buildings.
Inspect windows, façades, balconies, roofs and drainage near the coast.
Avenida Arocena
Activity changes between the avenue and side streets; check noise, parking and access.
Proximity to Arocena does not make all inland properties comparable.
Inland Carrasco
Land size and auxiliary structures matter as much as interior area, and plans should match what is built.
Test normal journeys and actual car needs before choosing an address.
Published house prices in Carrasco
July 2026
- Published price per m²
- USD 2,805
- Published total price
- USD 745,670
- Published rent
- USD 3,589
- Estimated gross yield
- 5.9%
These are medians of published listings, not closing prices. Rent is monthly and yield is a gross estimate, not a guaranteed return.
Published apartment prices in Carrasco
July 2026
- Published price per m²
- USD 3,794
- Published total price
- USD 420,000
- Published rent
- USD 1,952
- Estimated gross yield
- 5.9%
These are medians of published listings, not closing prices. Rent is monthly and yield is a gross estimate, not a guaranteed return.
Before buying or renting in Carrasco
Confirm the location
Distinguish Carrasco from Carrasco Norte, Punta Gorda and Cruz de Carrasco before transferring data or comparables.
Visit at different times
Record which rooms receive direct daylight and return at rush hour to test traffic noise with the windows open and closed.
Review the building and condominium
For a used property, request meeting minutes, reserve-fund information, common expenses and records on lifts, façades and shared systems.
Compare like with like
Match property type, size, condition, orientation, parking and the specific block. A broad area label does not make two homes equivalent.
Frequently asked questions about Carrasco
In July 2026, the median among published houses analyzed by the INGAR Index is USD 745,670 and USD 2,805 per m². These are asking prices, not closing prices or an appraisal of one unit. View data and methodology
In July 2026, the median rent among published houses analyzed by the INGAR Index is USD 3,589 per month. The figure comes from listings and excludes common expenses. View data and methodology
No. It includes houses and apartments, but land, built area, common expenses and maintenance require separate comparisons.
No. INE identifies them as different approximate areas and INGAR keeps their inventory separate.
A brief history
Municipio E records that Alfredo Arocena promoted the Carrasco resort and Charles Thays planned its central garden-neighborhood layout.
Hotel Carrasco, opened in 1921, and Stella Maris church remain major historic references.