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Where is it cheaper to rent a 2 bedroom apartment in Montevideo?

In Aguada: 27,700 Uruguayan pesos (USD 689) per month in the median.

In Montevideo, a 2 bedroom apartment is rented for 42,000 Uruguayan pesos (USD 1,045) per month in the middle of the area in Punta Carretas, the most expensive neighborhood, and 27,700 Uruguayan pesos (USD 689) per month in Aguada, the cheapest: 1.5 times less. We compare 12 neighborhoods with at least 30 ads from 2 bedrooms.

Where it is most expensive and cheaper to rent a 2 bedroom apartment in Montevideo: neighborhood ranking (October 2026) · Data date: 18 October 2026 · Source: Aptología (aptologia.com)

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