Rents in Uruguay compared to Latin America

This is a comparison of median monthly rental prices in the most expensive region of the capital/most important city for a 1-bedroom apartment. The numbers are based on our in-house research.

Mexico, Mexico city $ 1,467
Brazil, Rio De Janeiro $ 965
Colombia, Medellin $ 830
Peru, Lima $ 715
Uruguay, Montevideo $ 710
Argentina, Buenos Aires $ 650
Chile, Santiago $ 375

The best source for Uruguay house price statistics is the Instituto Nacional de Estadistica (INE). Reporte Inmobiliario, a private entity, also publishes reports on the Uruguay property market, occasionally.

General economics statistics are also to be found at the Instituto Nacional de Estadistica, and the Banco Central del Uruguay.