Last Updated: Sept. 13, 2022
MONTEVIDEO - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Pocitos
Studio	$113,511	$448	4.74%
1-Bedroom	$157,928	$629	4.78%
2-Bedroom	$231,957	$702	3.63%
3-Bedroom	$340,532	$2,228	7.85%
4+Bedroom	$424,432	$2,475	7.00%
Cordón
Studio	$88,958	$387	5.22%
1-Bedroom	$117,459	$506	5.17%
2-Bedroom	$152,006	$617	4.87%
3-Bedroom	$178,607	$920	6.18%
Centro
Studio	$88,835	$363	4.90%
1-Bedroom	$119,927	$484	4.84%
2-Bedroom	$157,928	$592	4.50%
3-Bedroom	$192,475	$702	4.38%
4+Bedroom	$227,022	$1,053	5.57%
Malvin
Studio	$118,446	$569	5.76%
1-Bedroom	$154,163	$714	5.56%
2-Bedroom	$217,151	$1,113	6.15%
3-Bedroom	$320,791	$1,331	4.98%
Punta Carretas
Studio	$123,626	$484	4.70%
1-Bedroom	$183,591	$726	4.75%
2-Bedroom	$296,255	$1,307	5.29%
3-Bedroom	$513,266	$2,698	6.31%
4+Bedroom	$681,065	$3,465	6.11%
Tres Cruces
Studio	$91,796	$365	4.77%
1-Bedroom	$120,321	$508	5.07%
2-Bedroom	$152,993	$629	4.93%
3-Bedroom	$191,586	$847	5.31%
La Blanqueada
Studio	$89,692	$424	5.67%
1-Bedroom	$116,373	$455	4.69%
2-Bedroom	$148,452	$593	4.79%
3-Bedroom	$158,520	$678	5.13%
Pocitos Nuevo
Studio	$111,537	$460	4.95%
1-Bedroom	$154,967	$678	5.25%
2-Bedroom	$227,022	$762	4.03%
3-Bedroom	$370,144	$2,970	9.63%
Montevideo avg. Rental Yields			5.36%
MALDONADO - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Maldonado (all locations)
1-Bedroom	$98,010	$545	6.67%
2-Bedroom	$118,800	$593	5.99%
3-Bedroom	$163,350	$1,346	9.89%
Maldonado avg. Rental Yields			7.52%
COLONIA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Colonia (all locations)
Studio	$108,900	$315	3.47%
1-Bedroom	$138,600	$411	3.56%
2-Bedroom	$123,750	$557	5.40%
Colonia avg. Rental Yields			4.14%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower. Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

The typical gross rental yield in Montevideo - the return earned on the purchase price of a rental property, before taxation, vacancy costs, and other costs, - is moderate to good, at around 3.63 to 9.63%. Bear in mind that these yields are gross, i.e., before costs and taxes, and so realistically net rental returns would normally be a couple of percentage points lower.

Gross rental yields are an important consideration even for those who do not intend to become landlords because a high rental yield indicates that the property market is reasonably priced.

Rental yields in Maldonado range between 5.99% and 9.89% and in Colonia the expected returns are slightly lower at 3.47% to 5.40%.

Round trip transaction costs are high in Uruguay (i.e., the total costs of buying and selling a property).  See our residential transaction costs analysis for Uruguay and Residential buy/sell costs in Uruguay compared to the rest of Latin America.