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Uruguay - Montevideo average rent price in current pesos for current contracts / Monthly (1 peso = 0.024 USD)
Uruguay
Source: GUB
In most countries the rent price indices are a part of the overall Consumer Price Index (CPI) or Harmonised Indices of Consumer Prices (HICP) calculations, hence an inflation-adjusted value is not provided. The goal of the Rent Price Index is to provide a high-level overview of the trends of rent prices.
Uruguay - Montevideo Rent Price Index, % change 1 yr
Nominal
Uruguay
Source: GUB
Quarterly change in rent prices
| Q1 | Q2 | Q3 | Q4 | |
| 2024 | 1.15% | 1.17% | ||
| 2023 | 1.44% | 1.59% | 1.33% | 1.19% |
| 2022 | 1.04% | 1.31% | 1.47% | 1.63% |
| 2021 | 1.44% | 1.10% | 1.34% | 1.23% |
| 2020 | 1.81% | 1.51% | 1.41% | 1.75% |
This table shows the nominal change in rent prices during a single quarter.
Yearly change in rent prices
| Year | Nominal Change |
| 2023 | 5.67% |
| 2022 | 5.56% |
| 2021 | 5.20% |
| 2020 | 6.64% |
The yearly changes table compares the index values from the most recent quarter or month of a given year with the corresponding quarter or month from the previous year. This provides an assessment of how house prices have changed over that year.