Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 14.68
Mortgage as Percentage of Income: 121.63%
Loan Affordability Index: 0.82
Price to Rent Ratio - City Centre: 23.90
Price to Rent Ratio - Outside of Centre: 27.73
Gross Rental Yield (City Centre): 4.18%
Gross Rental Yield (Outside of Centre): 3.61%
Rent Per Month
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Apartment (1 bedroom) in City Centre 25,193.81 $U 20,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 19,085.21 $U 15,000.00-25,166.10
Apartment (3 bedrooms) in City Centre 44,238.10 $U 30,000.00-83,887.01
Apartment (3 bedrooms) Outside of Centre 33,460.03 $U 25,000.00-59,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 12,069.84 $U 9,741.62-16,722.41
Price per Square Feet to Buy Apartment Outside of Centre 10,600.71 $U 5,844.97-14,864.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 41,569.28 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.55 4.30-8.00

These data are based on 200 entries from 35 contributors over the past 18 months.
Last update: April 2025

Sources and References
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1 Comments so far
Muhammad usman on Mar 08, 2022:
Can I buy apartments in 20.000 US dollar?