Montevideo real estate market— May 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 May 2026 (v2.0): apartment median USD 2,384/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 May 2026, the INGAR Index publishes data for 123 neighborhood–property type segments in Montevideo's property sales market. The median across publishable apartment neighborhoods was USD 2,487/m². The neighborhoods with the highest prices per m² were Golf (USD 4,102/m²), Carrasco (USD 3,906/m²), Puerto Buceo (USD 3,900/m²); the most affordable among those published were Nuevo París (USD 933/m²), Piedras Blancas (USD 964/m²), Colón (USD 980/m²). The estimated median gross rental yield was 6.1%. This month, 75 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 2,487/m²
Median gross yield
+6.1%
Median monthly change
-0.5%
This month's highlights
- Most expensive neighborhoods per m² (apartments): Golf (USD 4,102/m²), Carrasco (USD 3,906/m²), Puerto Buceo (USD 3,900/m²), Carrasco Norte (USD 3,888/m²), Punta Carretas (USD 3,862/m²).
- Highest gross yields: Belvedere (+12.0% gross), Piedras Blancas (+11.3% gross), Cerro (+11.2% gross), Cerrito (+10.9% gross), Colón (+10.0% gross).
- Published: 123 neighborhood–property type segments; 75 did not meet the minimum sample size or confidence threshold and were excluded (criteria in the methodology).
Apartments by neighborhood— May 2026
| # | Neighborhood | Median USD/m² | Monthly change | Gross yield | Confidence |
|---|---|---|---|---|---|
| 1 | Golf | 4,102 | +3.6% | +5.4% | B |
| 2 | Carrasco | 3,906 | -3.6% | +5.7% | A |
| 3 | Puerto Buceo | 3,900 | -1.2% | +5.4% | A |
| 4 | Carrasco Norte | 3,888 | -2.1% | +5.9% | A |
| 5 | Punta Carretas | 3,862 | -0.9% | +5.0% | A |
| 6 | Villa Biarritz | 3,857 | +0.4% | +5.1% | A |
| 7 | Pocitos Nuevo | 3,750 | -0.8% | +5.0% | A |
| 8 | Parque Rodó | 3,654 | -1.8% | +4.6% | A |
| 9 | Pocitos | 3,569 | -0.3% | +5.4% | A |
| 10 | Malvín | 3,400 | -1.5% | +5.3% | A |
| 11 | Punta Gorda | 3,250 | +0.4% | +6.4% | A |
| 12 | Buceo | 3,182 | -2.8% | +5.5% | A |
| 13 | Palermo | 3,176 | -0.7% | +5.3% | A |
| 14 | Barrio Sur | 3,114 | +0.1% | +4.9% | A |
| 15 | Villa Dolores | 3,045 | -4.0% | +7.5% | A |
| 16 | La Blanqueada | 2,983 | -2.0% | +5.9% | A |
| 17 | Parque Batlle | 2,958 | -1.1% | +5.6% | A |
| 18 | Cordón | 2,900 | -1.2% | +5.8% | A |
| 19 | Tres Cruces | 2,795 | -1.8% | +6.1% | A |
| 20 | Prado | 2,726 | -1.5% | +5.6% | A |
| 21 | Centro | 2,709 | -0.1% | +5.9% | A |
| 22 | Larrañaga | 2,643 | -0.9% | +6.1% | A |
| 23 | Bella Vista | 2,596 | -1.1% | +5.0% | A |
| 24 | Aguada | 2,524 | +0.8% | +5.7% | A |
| 25 | Capurro - Bella Vista | 2,487 | -0.5% | +5.9% | B |
| 26 | Jacinto Vera | 2,364 | -1.9% | +6.4% | B |
| 27 | La Comercial | 2,133 | +3.8% | +6.9% | A |
| 28 | Ciudad Vieja | 2,128 | +1.1% | +6.8% | A |
| 29 | Arroyo Seco | 2,077 | +2.9% | +6.4% | A |
| 30 | Brazo Oriental | 2,051 | -3.4% | +6.4% | A |
| 31 | Atahualpa | 1,975 | +2.2% | +7.5% | A |
| 32 | Capurro | 1,970 | -16.2% | +6.1% | A |
| 33 | Goes | 1,967 | -8.3% | +6.6% | A |
| 34 | Mercado Modelo | 1,877 | +1.5% | +5.7% | B |
| 35 | Reducto | 1,816 | +0.1% | +7.0% | A |
| 36 | Unión | 1,783 | +1.9% | +7.6% | A |
| 37 | Paso Molino | 1,627 | -2.4% | +6.7% | A |
| 38 | Sayago | 1,504 | 0.0% | +6.6% | A |
| 39 | Villa Española | 1,458 | +2.9% | +8.9% | A |
| 40 | Aires Puros | 1,368 | -15.3% | +7.7% | B |
| 41 | Cerrito | 1,308 | +18.9% | +10.9% | B |
| 42 | La Teja | 1,279 | +4.7% | +8.2% | A |
| 43 | Malvín Norte | 1,200 | +2.0% | +9.1% | A |
| 44 | Belvedere | 1,174 | +2.8% | +12.0% | B |
| 45 | Maroñas | 1,121 | -7.4% | +9.1% | A |
| 46 | Cerro | 984 | 0.0% | +11.2% | B |
| 47 | Colón | 980 | +8.9% | +10.0% | A |
| 48 | Piedras Blancas | 964 | +3.8% | +11.3% | B |
| 49 | Nuevo París | 933 | 0.0% | +8.9% | B |
Each neighborhood links to its live data page (full series and latest monthly figures). The figures in this table are for May 2026 and do not change.
Houses—the month's 10 most expensive neighborhoods
| Neighborhood | Median USD/m² | Monthly change |
|---|---|---|
| Puerto Buceo | 3,181 | +8.8% |
| Carrasco Norte | 2,923 | -3.9% |
| Carrasco | 2,860 | -1.4% |
| Punta Carretas | 2,577 | +0.4% |
| Pocitos Nuevo | 2,308 | -0.6% |
| Punta Gorda | 2,206 | -4.2% |
| Pocitos | 2,180 | -0.9% |
| Malvín | 1,996 | -0.6% |
| Parque Batlle | 1,986 | -1.0% |
| Villa Dolores | 1,879 | -7.3% |
Downloads for this edition
CSV — May 2026 · JSON — May 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.