Rents in Uruguay, Montevideo compared to Latin America

This comparison presents the median monthly rental prices for a 1-bedroom apartment in the most expensive regions of capital cities or major urban centers, based on our in-house research.

Last updated June, 2024
Panama, Panama City $ 2,090
Mexico, Mexico City $ 1,555
Colombia, Medellin $ 950
Peru, Lima $ 700
Argentina, Buenos Aires $ 650
Uruguay, Montevideo $ 620
Chile, Santiago $ 345
Brazil, Rio De Janeiro $ 280

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