Property Prices in Montevideo, Uruguay

Index Info
Price to Income Ratio: 12.80
Mortgage as Percentage of Income: 105.42%
Loan Affordability Index: 0.95
Price to Rent Ratio - City Centre: 23.36
Price to Rent Ratio - Outside of Centre: 29.22
Gross Rental Yield (City Centre): 4.28%
Gross Rental Yield (Outside of Centre): 3.42%
Rent Per Month
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Apartment (1 bedroom) in City Centre 24,272.73 $U 20,000.00-35,153.97
Apartment (1 bedroom) Outside of Centre 17,741.93 $U 15,000.00-24,000.00
Apartment (3 bedrooms) in City Centre 40,760.00 $U 30,000.00-82,384.83
Apartment (3 bedrooms) Outside of Centre 31,515.21 $U 25,000.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 11,145.91 $U 8,164.71-16,329.42
Price per Square Feet to Buy Apartment Outside of Centre 10,445.66 $U 5,102.94-14,864.36
Salaries And Financing
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Average Monthly Net Salary (After Tax) 45,388.17 $U
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 5.47 4.20-8.00

These data are based on 222 entries in the past 18 months from 42 different contributors.
Last update: January 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?