Sale and rent prices in Palermo, Montevideo - October 2026

Palermo, Montevideo has 557 listings for sale and 197 for rent on montevideo.estate.

Apartments for sale have a median of US$ 3,408 per m² and a median price of US$ 155,900.

That is about the same as the Montevideo median for apartments for sale (US$ 3,432 per m²).

The median rent for an apartment is US$ 697 per month.

Sale

Type Median US$/m² Median price Typical range Listings
ApartmentsUS$ 3,408US$ 155,900US$ 130,000–183,400493See listings
HousesUS$ 1,620US$ 329,000US$ 239,000–390,00029See listings
ShopsUS$ 3,591US$ 253,900US$ 162,900–1,199,00015See listings
OfficesUS$ 4,210US$ 221,450US$ 146,900–470,00012See listings

Rent

Type Median rent US$/m² per month Typical range Listings
ApartmentsUS$ 697/monthUS$ 17.0US$ 618–747/month166See listings
OfficesUS$ 15,136/monthUS$ 32.0US$ 12,800–15,609/month13See listings
ShopsUS$ 1,270/monthUS$ 20.3US$ 1,133–2,865/month11See listings

Figures are based on active listings published on montevideo.estate (not the whole market), updated on October 22, 2026. Only property types with at least 10 listings with price and area are shown; the typical range spans the 25th to 75th percentile of prices.

Prices in nearby neighborhoods