Where it costs more and less to buy an apartment of 3 or more bedrooms in Montevideo: neighborhood ranking (October 2026)
Machine-assisted English version of the Spanish original by Aptología. All figures are locked to the original (numbers are copied, not re-translated); if in doubt, the Spanish original prevails.
In Montevideo, an apartment of 3 or more bedrooms costs USD 595,000 in the middle in Carrasco, the most expensive neighborhood, and USD 188,000 in Central, the cheapest: 3.2 times less. We compare 7 neighborhoods with at least 30 ads from 3 or more bedrooms.
Abstract: We analyze 547 apartments for sale from 3 or more bedrooms in 7 neighborhoods of Montevideo.
Updated: 18 October 2026 (data from 18 October 2026) · Next update: monthly.
Summary
| Indicator | Value |
|---|---|
| More expensive | Carrasco: USD 595,000 |
| Cheaper | Centre: USD 188,000 |
| Variance | 3.2 times |
| Barrios | 7 |
Price of one apartment 3 or more bedrooms per neighborhood
| Barrio | Price (medium) | Typical range (P25-P75) | Medium area (m²) | Announcements |
|---|---|---|---|---|
| Carrasco | USD 595,000 | USD 485,975 - USD 990,000 | 181 | 128 |
| Punta Carretas | USD 592,500 | USD 433,750 - USD 983,500 | 171 | 96 |
| North Carrasco | USD 478,900 | USD 391,150 - USD 606,671 | 131 | 43 |
| Cats | USD 404,500 | USD 320,000 - USD 580,000 | 132 | 134 |
| Malvin | USD 403,500 | USD 294,500 - USD 510,000 | 119 | 52 |
| Cordon | USD 189,000 | USD 145,000 - USD 229,000 | 82 | 37 |
| Centre | USD 188,000 | USD 160,000 - USD 229,000 | 107 | 57 |
Medians of the price ordered; only neighborhoods with 30 ads or more.
Frequently asked questions
How much does it cost to buy an apartment of 3 or more bedrooms in Carrasco? USD 595,000 in the median (October of 2026); the central half between USD 485,975 and USD 990,000.
Where is it cheaper to buy a 3 apartment or more bedrooms in Montevideo? In Centre: USD 188,000 in the median.
Methodology
- Source: night events of the Aptology database (aptologia.com) of 18 October 2026: current housing ads in real estate portals of 13 countries, collected by Aptology and seen online between 11 and 18 October 2026. Court: 18 October of 2026.
- Debugging: exact duplicates (same city, area, type, price, currency, area, rooms and bathrooms) and prices outside the percentile 1 - 99 of each country, operation, currency and type are removed; the price per m² uses only ads with declared area between 12 and 2,000 m² and is also cut to P1-P99.
- What is measured: prices ordered (published), not closing prices. For rent, monthly rent without HOA fee, common expenses or condo.
- Minimum sample: each published figure is based on at least 30 ads; cells with less are omitted.
- Coins: never mix different coin ads without converting them. Conversión a dólares con la tasa de mercado de ExchangeRate-API (open.er-api.com, actualización del 18 Oct 2026): 1 USD = 3,182.80 COP, 1 USD = 18.47 M.N, 1 USD = 5.09 BRL, 1 USD = 3.44 PEN, 1 USD = 982.44 CLP, 1 USD = 1,514.57 ARS, 1 USD = 40.20 UYU, 1 USD = 5,705.37 PYG, 1 USD = 61.27 DOP, 1 USD = 0.89 EUR, 1 USD = 11.72 BOB; la UF chilena a 41,178.64 CLP (mindicador,cl. 18-oct-2026). The ads published in dollars are used as they are.
- Coins: In each city and operation only the majority currency of the ads is used (the ads in another currency are excluded) and the median is converted to dollars at the rate mentioned; no different currency ads are ever averaged.
- Limitations: The coverage depends on the portals that travel Aptology in each country and is greater in large cities and in the medium-high and high segments; the area is the one that declares the announcement, unverified; the area names come from the portals.
- Privacy: only aggregates are published; no personal data, link to ads or name of advertiser is published.
- Open data: datos.csv, CC BY license 4. 0.
How to quote
Pinzón Pineda, D. M. (2026). Where it costs more and less to buy an apartment of 3 or more bedrooms in Montevideo: neighborhood ranking (October 2026). Aptology (aptologia.com). https://github.com/elbroker/aptologia-datos/tree/main/estudios/venta-apartamentos-de-3-o-mas-dormitorios-por-barrio-montevideo-2026. Data: datos.csv, CC BY license 4. 0.
Sources and data
- Original study (Spanish): Dónde cuesta más y menos comprar un apartamento de 3 o más dormitorios en Montevideo: ranking de barrios (octubre 2026)
- GitHub (CSV, PDF): https://github.com/elbroker/aptologia-datos/tree/main/estudios/venta-apartamentos-de-3-o-mas-dormitorios-por-barrio-montevideo-2026
- Hugging Face: https://huggingface.co/datasets/aptologia/estudios-vivienda-lote-19-2026/tree/main/venta-apartamentos-de-3-o-mas-dormitorios-por-barrio-montevideo-2026