Uruguay’s rental market has a new official lease-adjustment input and a fresh Montevideo yield benchmark. IMPO’s 2026 table set the June CRA rent adjustment coefficient at 1.0377, while the INGAR index put Montevideo’s median apartment gross yield at 6.0% in June.

CRA Matters For Existing Tenancies

The CRA coefficient is a practical number for lease renewals and rent adjustments, especially in a market where many contracts are indexed. June’s 1.0377 reading gives landlords and tenants a concrete reference rather than relying only on portal asking rents.

Montevideo Yields Are Uneven

INGAR’s June index placed the citywide apartment median at USD2,561 per square metre and a 6.0% gross yield. Piedras Blancas led published apartment yields at 11.8% gross, while Golf and Puerto Buceo stayed near the top of the price table above USD3,900 per square metre.

High Prices And High Yields Are Different Markets

Golf, Puerto Buceo and Villa Biarritz remain lifestyle and capital-preservation markets. Piedras Blancas, Cerro and Colon offer lower entry prices and higher estimated yields, but investors must check liquidity, maintenance and tenant demand more carefully.

Outlook

Montevideo’s second-half rental market should be read through both official CRA adjustments and neighborhood yield spreads. Renewal math is national, but investment returns are highly local and depend on whether lower-cost districts can maintain tenant quality.

Read more at Uruguay Housing Market.