Real estate market in Palermo, Montevideo
Uruguay · Data as of July 24, 2026
The median residential price in Palermo, Montevideo is $3,112 per m², with 12 monitored listings and a median sale price of $139K. A typical 2-bedroom apartment costs around $155K.
Neighborhoods
| # | City / Neighborhood | Listings | Median sale | $/m² | MoM | YoY | Median rent |
|---|---|---|---|---|---|---|---|
| 1 | 339 | $145K | $2,354 | — | — | $747 | |
| 2 | 310 | $215K | $3,500 | — | — | $946 | |
| 3 | 146 | $136K | $2,746 | — | — | $747 | |
| 4 | 119 | $190K | $3,590 | — | — | $827 | |
| 5 | 103 | $329K | $4,180 | — | — | $1,775 | |
| 6 | 79 | $214K | $3,174 | — | — | $995 | |
| 7 | 79 | $143K | $2,582 | — | — | $697 | |
| 8 | 72 | $440K | $3,913 | — | — | $1,900 | |
| 9 | 55 | $144K | $2,422 | — | — | $993 | |
| 10 | 46 | $112K | $1,750 | — | — | $585 |
By bedroom count — Apartments
| Apartments | listings | Median | $/m² |
|---|---|---|---|
| Studio | no data | — | — |
| 1 bedroom | 4 | — | — |
| 2 bedrooms | 1 | — | — |
| 3 bedrooms | 1 | — | — |
| 4 bedrooms | no data | — | — |
| 5+ bedrooms | no data | — | — |
Price distribution — sale
Properties for Sale in Palermo, Montevideo
Methodology
This page analyzes 12 monitored listings in Palermo, Montevideo.
Metrics are calculated from the active inventory TuLugar monitors across the market — both listings published on TuLugar and active agency supply tracked continuously. They are asking prices, not final transaction or closing prices.
We use medians to reduce the effect of outlier properties; $/m² only includes listings with valid area data. Prices in other currencies are converted to USD using the exchange rate available when the snapshot is refreshed.
Data is recalculated daily and can change when listings are published, updated, or deactivated.
More about this area
More about this area
Data as of 2026-07-24 · refreshed 2026-07-24 20:37 UTC