Gross rental yields in Uruguay: Montevideo
The average gross rental yield in Uruguay stands at 5.03% (Q4, 2025). Previously, in Q2 2025, the average rental yield was 4.97%.
Cities compared
- Montevideo
Historical rental yields in Uruguay
View the full rental yield dataset (2022 - Present)
| MONTEVIDEO - Apartments | COST ($) | YIELD (p.a.) | |
| TO BUY | MONTHLY RENT | ||
| Pocitos | |||
| Studio | $126,000 | $600 | 5.71% |
| 1-Bedroom | $192,000 | $750 | 4.69% |
| 2-Bedroom | $298,000 | $1,130 | 4.55% |
| 3-Bedroom | $355,500 | $1,650 | 5.57% |
| 4+Bedroom | $450,000 | $2,100 | 5.60% |
| Cordón | |||
| Studio | $105,900 | $530 | 6.01% |
| 1-Bedroom | $137,550 | $650 | 5.67% |
| 2-Bedroom | $174,000 | $780 | 5.38% |
| 3-Bedroom | $179,000 | $880 | 5.90% |
| Centro | |||
| Studio | $107,100 | $460 | 5.15% |
| 1-Bedroom | $135,400 | $600 | 5.32% |
| 2-Bedroom | $165,100 | $780 | 5.67% |
| 3-Bedroom | $190,000 | $800 | 5.05% |
| 4+Bedroom | $250,000 | $1,300 | 6.24% |
| Malvin | |||
| Studio | $120,000 | $590 | 5.90% |
| 1-Bedroom | $159,200 | $720 | 5.43% |
| 2-Bedroom | $246,200 | $870 | 4.24% |
| 3-Bedroom | $340,000 | $1,260 | 4.45% |
| Punta Carretas | |||
| Studio | $128,000 | $630 | 5.91% |
| 1-Bedroom | $187,100 | $950 | 6.09% |
| 2-Bedroom | $322,000 | $1,380 | 5.14% |
| 3-Bedroom | $548,400 | $1,900 | 4.16% |
| Tres Cruces | |||
| Studio | $127,800 | $570 | 5.35% |
| 1-Bedroom | $187,100 | $650 | 4.17% |
| 2-Bedroom | $322,000 | $850 | 3.17% |
| La Blanqueada | |||
| 1-Bedroom | $100,600 | $570 | 6.80% |
| 2-Bedroom | $129,500 | $680 | 6.30% |
| 3-Bedroom | $169,000 | $880 | 6.25% |
| Pocitos Nuevo | |||
| Studio | $125,700 | $600 | 5.73% |
| 1-Bedroom | $172,000 | $750 | 5.23% |
| 2-Bedroom | $277,800 | $1,070 | 4.62% |
| Montevideo (all locations) | |||
| Studio | $114,500 | $560 | 5.87% |
| 1-Bedroom | $161,000 | $670 | 4.99% |
| 2-Bedroom | $226,700 | $830 | 4.39% |
| 3-Bedroom | $331,200 | $1,430 | 5.18% |
| 4+Bedroom | $390,000 | $1,530 | 4.71% |
| Montevideo avg. Rental Yields | 5.03% | ||
| 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 and Mercado Libre |
|||
Research Methodology:
Our rental yield analysis is conducted biannually to ensure up-to-date insights. We assess 1-bedroom, 2-bedroom, and 3-bedroom properties across Montevideo, comparing median rental prices with median purchase prices to determine gross rental yields.
We source data from a leading local property platform, capturing both asking rents and list prices to reflect current market conditions. The gross rental yield is calculated using the following formula:
(Median Monthly Rent × 12) ÷ Median Purchase Price × 100
For example, if the median monthly rent is $500 and the median purchase price is $100,000, the yield is calculated as:
($500 × 12) ÷ $100,000 = 6% Gross Rental Yield
Note: NET yields vary from country to country, but are usually 1.5-2% lower.
