Montevideo real estate market— March 2026

Archived edition of the INGAR Index. Frozen figures: this edition's values are not updated. Data published on July 12, 2026 · methodology v1.3 · asking prices in USD.

Revised series for March 2026 (v2.0): apartment median USD 2,365/m²; highest price per m² in Carrasco. View current figures →

Archive edition: generated on August 30, 2026 from the Index's preserved monthly series. The data corresponds to the month in the title.

In March 2026, the INGAR Index publishes data for 124 neighborhood–property type segments in Montevideo's property sales market. The median across publishable apartment neighborhoods was USD 2,401/m². The neighborhoods with the highest prices per m² were Carrasco (USD 4,174/m²), Golf (USD 3,971/m²), Punta Carretas (USD 3,939/m²); the most affordable among those published were Piedras Blancas (USD 929/m²), Colón (USD 938/m²), Cerrito (USD 985/m²). The estimated median gross rental yield was 5.9%. This month, 77 segments are not published because of insufficient sample size or atypical variation. Yields are estimates based on asking prices: see the methodology.

Apartment median

USD 2,401/m²

Median gross yield

+5.9%

Median monthly change

—

This month's highlights

Most expensive neighborhoods per m² (apartments): Carrasco (USD 4,174/m²), Golf (USD 3,971/m²), Punta Carretas (USD 3,939/m²), Puerto Buceo (USD 3,914/m²), Carrasco Norte (USD 3,844/m²).
Highest gross yields: Belvedere (+11.9% gross), Cerro (+11.9% gross), Cerrito (+10.5% gross), Colón (+9.9% gross), Piedras Blancas (+9.7% gross).
Published: 124 neighborhood–property type segments; 77 did not meet the minimum sample size or confidence threshold and were excluded (criteria in the methodology).

Apartments by neighborhood— March 2026

#	Neighborhood	Median USD/m²	Monthly change	Gross yield	Confidence
1	Carrasco	4,174	—	+5.4%	A
2	Golf	3,971	—	+5.6%	B
3	Punta Carretas	3,939	—	+5.2%	A
4	Puerto Buceo	3,914	—	+5.8%	A
5	Carrasco Norte	3,844	—	+5.8%	A
6	Parque Rodó	3,791	—	+4.4%	A
7	Pocitos Nuevo	3,788	—	+5.0%	A
8	Villa Biarritz	3,721	—	+4.3%	A
9	Pocitos	3,579	—	+5.3%	A
10	Malvín	3,441	—	+5.2%	A
11	Buceo	3,347	—	+5.4%	A
12	Palermo	3,284	—	+5.6%	A
13	Punta Gorda	3,238	—	+6.6%	A
14	Villa Dolores	3,077	—	+4.9%	B
15	La Blanqueada	3,031	—	+5.9%	A
16	Parque Batlle	2,984	—	+5.6%	A
17	Cordón	2,926	—	+5.8%	A
18	Barrio Sur	2,875	—	+5.6%	A
19	Prado	2,863	—	+5.4%	A
20	Tres Cruces	2,841	—	+6.4%	A
21	Centro	2,739	—	+5.8%	A
22	Larrañaga	2,643	—	+5.8%	A
23	Capurro - Bella Vista	2,591	—	+5.9%	A
24	Bella Vista	2,474	—	+5.9%	A
25	Aguada	2,437	—	+5.9%	A
26	Jacinto Vera	2,364	—	+6.3%	A
27	La Figurita	2,125	—	+6.6%	A
28	Brazo Oriental	2,106	—	+6.6%	A
29	Goes	2,091	—	+6.3%	A
30	Ciudad Vieja	2,087	—	+6.3%	A
31	La Comercial	2,083	—	+6.3%	A
32	Atahualpa	2,075	—	+6.2%	A
33	Villa Muñoz	2,050	—	+5.5%	A
34	Arroyo Seco	2,002	—	+8.8%	B
35	Capurro	1,975	—	+5.5%	A
36	Mercado Modelo	1,848	—	+5.0%	A
37	Reducto	1,835	—	+7.8%	A
38	Aires Puros	1,829	—	+7.3%	B
39	Unión	1,725	—	+7.0%	A
40	Paso Molino	1,630	—	+8.0%	B
41	Sayago	1,500	—	+7.0%	B
42	Villa Española	1,389	—	+9.2%	A
43	La Teja	1,320	—	+8.1%	A
44	Maroñas	1,211	—	+9.5%	B
45	Malvín Norte	1,189	—	+9.2%	A
46	Belvedere	1,077	—	+11.9%	B
47	Cerro	1,057	—	+11.9%	B
48	Cerrito	985	—	+10.5%	B
49	Colón	938	—	+9.9%	A
50	Piedras Blancas	929	—	+9.7%	B

Each neighborhood links to its live data page (full series and latest monthly figures). The figures in this table are for March 2026 and do not change.

Houses—the month's 10 most expensive neighborhoods

Neighborhood	Median USD/m²	Monthly change
Carrasco	3,056	—
Carrasco Norte	2,985	—
Puerto Buceo	2,923	—
Punta Carretas	2,567	—
Punta Gorda	2,375	—
Pocitos Nuevo	2,317	—
Pocitos	2,238	—
Parque Batlle	2,032	—
Malvín	2,029	—
Villa Dolores	2,014	—

Downloads for this edition

CSV — March 2026 · JSON — March 2026

Free to use, including commercially, with mandatory attribution (CC BY 4.0): “Source: INGAR Index—ingar.com.uy/indice”. Full live series at /indice/datos.csv.

Source and methodology

INGAR Index: our own systematic survey of asking prices in Montevideo's property sales market, deduplicated by property. These are not closing prices. Gross yield is annual rent divided by the asking price: it does not deduct vacancy, management, maintenance, taxes or acquisition costs. Net yield depends on each transaction and is calculated in the yield calculator; the standard reference scenario is in methodology v1.3, which is public and versioned: ingar.com.uy/indice/metodologia.

This edition was published under the methodology in force at the time (v1.3). The price-per-square-meter calculation changed in v2.0; see the Index methodology.