Price/Rent Ratio in Uruguay compared to Latin America
This price-to-rent ratio helps assess whether it is more cost-effective to buy or rent a home in a given market. A high price-to-rent ratio suggests that buying a property is more expensive relative to renting, whereas a low ratio indicates that buying may be more favorable than renting.
- Price-to-Rent Ratio below 16: It's generally cheaper to buy a home than to rent.
- Price-to-Rent Ratio between 17 and 20: The cost of buying and renting is roughly comparable.
- Price-to-Rent Ratio above 21: It's generally cheaper to rent than to buy.
Change Continent
Last updated June, 2025
24 yrs
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21 yrs
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21 yrs
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20 yrs
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17 yrs
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17 yrs
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15 yrs
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15 yrs
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15 yrs
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13 yrs
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13 yrs
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12 yrs
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12 yrs
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Uruguay real estate data, including prices, rents, and sizes in square meters, has been compiled and analyzed from the following sources:
- Statistics National Institute
- Mercado Libre
- Properstar
- Goverment of Uruguay