Property Prices in Montevideo, Uruguay

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Index Info
Price to Income Ratio: 14.67
Mortgage as Percentage of Income: 121.59%
Loan Affordability Index: 0.82
Price to Rent Ratio - City Centre: 23.99
Price to Rent Ratio - Outside of Centre: 28.08
Gross Rental Yield (City Centre): 4.17%
Gross Rental Yield (Outside of Centre): 3.56%
Rent Per Month
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Apartment (1 bedroom) in City Centre 25,199.85 $U 20,000.00-40,000.00
Apartment (1 bedroom) Outside of Centre 18,954.70 $U 15,000.00-25,277.32
Apartment (3 bedrooms) in City Centre 43,590.91 $U 30,000.00-81,809.97
Apartment (3 bedrooms) Outside of Centre 33,000.33 $U 25,000.00-59,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 12,038.52 $U 9,784.67-16,722.41
Price per Square Feet to Buy Apartment Outside of Centre 10,628.30 $U 5,870.80-14,864.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 41,577.34 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.55 4.30-8.00

These data are based on 204 entries in the past 18 months from 35 different contributors.
Last update: March 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?