Rentals · Uruguay

How much do rental prices fluctuate in Uruguay?

Every day we read the rentals published on Mercado Libre, InfoCasas, El País, Casasweb and Facebook Marketplace and save, by neighborhood, type of housing and bedrooms, how much is asked and how much each ad changed compared to its own price a week, a month and three months ago.

The series, by zone, type and bedrooms

Palermo, Montevideo
Houses and apartments
Apartments
Houses
All
Studio Apartment
1 bedroom
2 bedrooms
3 bedrooms
4 or more

Palermo, Montevideo · apartamentos, 2 dormitorios, en pesos

Median order

$ 32.000

Half are asking between $28.500 and $35.000. 129 homes.

Per m² built: $538 (30 with surface area).

Same offer, 7 days

-0,2 %

106 ads that we were already following: 5 went down, 0 went up and 101 stayed the same.

Same offer, 30 days

-0,7 %

64 ads that we were already following: 7 went down, 0 went up and 57 stayed the same.

Same offer, 90 days

It is published from 17/12/2026: you need to have followed each notice for 90 days.

How prices are distributed

Each bar represents a price bracket and its upper limit, indicating which portion of the properties are asking that price. The central half is shown in dark blue.

Dotted line: how prices were distributed on 12/10/2026, in the same sections.

The line is the median of the asking price and the band goes from the 25th to the 75th percentile. It also moves when the ads that are published change; the "same offer" does not.

Last 14 days with data
DayHousingMedian25th to 75th percentileSame offer, 30 days
9/11/2026129$ 32.000$ 28.500 a $ 35.000-0,7 %
8/11/2026125$ 32.000$ 28.900 a $ 35.000-0,7 %
7/11/2026129$ 32.000$ 28.900 a $ 35.000-0,7 %
6/11/2026139$ 31.500$ 28.250 a $ 34.500-0,6 %
5/11/2026148$ 31.000$ 28.000 a $ 34.500-0,7 %
4/11/2026149$ 31.000$ 28.000 a $ 34.500-0,7 %
3/11/2026153$ 31.000$ 28.000 a $ 34.000-0,4 %
2/11/2026157$ 31.000$ 28.000 a $ 33.000-0,4 %
1/11/2026157$ 31.000$ 28.000 a $ 33.000-0,5 %
31/10/2026163$ 31.000$ 28.000 a $ 33.000-0,5 %
30/10/2026170$ 30.800$ 28.000 a $ 33.000-0,4 %
29/10/2026186$ 30.800$ 28.000 a $ 33.000-0,4 %
28/10/2026187$ 30.800$ 28.000 a $ 33.000-0,4 %
27/10/2026184$ 30.800$ 27.750 a $ 33.000-0,4 %

Same place, by type and bedrooms

DwellingHousingMedianSame offer, 30 days
Houses and apartments694$ 28.000-1,3 %
Houses and apartments, studios140$ 24.200-1,0 %
Houses and apartments, 1 bedroom369$ 28.000-1,8 %
Houses and apartments, 2 bedrooms131$ 32.000-0,4 %
Houses and apartments, 3 bedrooms42$ 40.000-2,1 %
Houses and apartments, 4 or more8$ 70.000—
Apartments679$ 28.000-1,3 %
Apartments, studio140$ 24.200-1,0 %
Apartments, 1 bedroom369$ 28.000-1,8 %
Apartments, 2 bedrooms129$ 32.000-0,7 %
Apartments, 3 bedrooms35$ 37.000-2,8 %
Apartments, 4 or more8$ 47.700—
Houses15$ 70.000-0,4 %
Houses, 3 bedrooms9$ 71.000—
Houses, 4 or more8$ 70.000—

Where the same offer moved the most, in the last 30 days

Only apartments and neighborhoods with 20 or more listings that we already follow. Tap one to see its series.

They went down more

  • -2,6 % · 27 ads
  • -2,6 % · 70 ads
  • -2,0 % · 46 ads
  • -1,9 % · 23 ads
  • -1,7 % · 25 ads
  • -1,7 % · 48 ads
  • -1,6 % · 25 ads
  • -1,6 % · 35 ads

They went up more

  • +2,2 % · 45 ads
  • +0,6 % · 44 ads
  • +0,4 % · 309 ads
  • +0,4 % · 36 ads
  • +0,2 % · 56 ads
  • +0,1 % · 850 ads

Data from 9/11/2026 • monitoring since 18/9/2026.

How do we measure it?

  • Medium order. One observation per property, even if it's listed on multiple portals (we use the most recent reading, never the cheapest). It's published when there are 8 or more properties.
  • Same offer. Each listing is compared to its own price from 7, 30, or 90 days ago. It doesn't change because cheaper listings are added or expensive ones are removed; it only changes if the owners raise the price. It is published when there are 8 or more listings.
  • Pesos and dollars do not mix. A rental in dollars in Punta del Este is a different story; we never convert it, because that would move the line with the dollar and not with the rental.
  • These are asking prices, excluding common expenses. The contract you sign may have a different price.

To continue

Frequently Asked Questions

Why is the median not enough to tell if prices have fallen?
Because the types of listings change. If cheaper listings appear this week or expensive ones disappear, the median price drops even if no one lowers their price. That's why we separately show the variation for the same listing: the same ad compared to its price 7, 30, or 90 days ago.
What is the variation of the same offer?
We take the listings that are still published and that we were tracking 7, 30, or 90 days ago, and compare their current price to their price at that time. We publish the geometric mean of those ratios and how many decreased, increased, or remained the same. A listing that doubles or halves in that period is treated as a loading error and is not counted. At least 8 listings are needed to publish the number.
Since when has there been data?
The series began at 18/9/2026 and we didn't reconstruct it backward: we didn't keep track of old prices, and filling in the past with today's prices would create a flat line that never existed. The variation of 7 days appears weekly, that of 30 days monthly, and that of 90 days three months later.
Are these the prices at which the deal is closed?
No. These are asking prices for rentals listed online, one per property. The final price may be different and is not published anywhere. We never mix pesos and dollars: each currency has its own series.