Are apartments cheaper than hotels in Montevideo?
No: in Montevideo, apartments and homes on Agoda asked a median $139 a night against $86 for hotels on Agoda, 61% more (latest scan 7 November 2026; priced on a typical night: apartments and homes on Agoda 59, hotels on Agoda 69). Nights measured on both sides: 80, from 13 November 2026 to 4 February 2027, read on 7 November 2026.
Measured by Bed&Market (bedandmarket.com) from 148 places checked, read 7 November 2026 18:21 UTC.
Updated
Hotels and apartments side by side
On a typical night in Montevideo, the middle half of asking prices ran from $67 to $132 for hotels on Agoda and from $92 to $800 for apartments and homes on Agoda.
| Places | Median asking price | Lower quarter (p25) | Upper quarter (p75) | With a price, typical night | Nights |
|---|---|---|---|---|---|
| Hotels on Agoda | $86 | $67 | $132 | 69 | 80 |
| Apartments and homes on Agoda | $139 | $92 | $800 | 59 | 80 |
| All places pooled | $104 | $75 | $202 | 128 | 80 |
Each night's figure is the median (or quarter) of that night's asking prices for one night; each figure here is the median of those nights. The pooled row puts every asking price of a night into one list.
Friday and Saturday nights on each side
Friday and Saturday nights in Montevideo against Monday to Thursday: +3% for hotels on Agoda and +6% for apartments and homes on Agoda.
| Places | Friday + Saturday | Monday – Thursday | Weekend against Mon–Thu | Fri + Sat nights | Mon–Thu nights |
|---|---|---|---|---|---|
| Hotels on Agoda | $87 | $84 | +3% | 22 | 47 |
| Apartments and homes on Agoda | $147 | $139 | +6% | 22 | 47 |
Medians of the nightly medians; Sunday nights sit in neither group.
Month by month
The gap in Montevideo was widest in December 2026: $140 for apartments and homes on Agoda against $85 for hotels on Agoda, 66% more.
| Month | Hotels on Agoda | Apartments and homes on Agoda | Difference | Nights | Latest scan |
|---|---|---|---|---|---|
| November 2026 | $107 | $126 | +18% | 20 | 7 November 2026 |
| December 2026 | $85 | $140 | +66% | 31 | 7 November 2026 |
| January 2027 | $85 | $140 | +65% | 31 | 7 November 2026 |
Each month is the median of its nightly medians over the nights read on both sides; the month links to its own page.
On event and holiday nights
On 1 January 2027 in Montevideo (New Year's Day), apartments and homes on Agoda asked a median $280 against $97 for hotels on Agoda, 188% more.
| Night | Event or holiday | Hotels on Agoda | Apartments and homes on Agoda | Difference | With a price: hotels / apartments |
|---|---|---|---|---|---|
| 25 December 2026 | Family Day | $87 | $254 | +193% | 63 / 43 |
| 1 January 2027 | New Year's Day | $97 | $280 | +188% | 60 / 44 |
Each event is printed beside the night it fell on; the prices are that night's asking prices and do not say what moved them.
What counts as a hotel and an apartment here
Places with a price on Agoda on a typical night in Montevideo: 128 in all, 69 of them hotels and 59 apartments and homes.
- Apartments and homes on Agoda: the places Agoda lists as not a hotel (apartments, B&Bs, holiday lets and private rooms), priced in the same search as its hotels, one night for 2 adults.
- Hotels on Agoda: the places Agoda files as a hotel; Agoda files many guesthouses, hostels and aparthotels there too, so the apartment count is a floor.
- A place Agoda gives no kind for is in the pooled row only.
- Both sides come from the same Agoda search on the same night.
What was measured
Nights measured in Montevideo on both sides: 80, from 13 November 2026 to 4 February 2027; each with at least 30 places showing a price on Agoda.
- Up to 148 places checked per night on Agoda; a place with no price that night (sold out or closed) is counted but carries no price.
- Prices in USD, as shown on the day each night was read on Agoda, on 7 November 2026.
- Asking prices seen while searching for one night: not prices paid, and not a forecast.
Source: asking prices for one night, read from public search results on the scan date; not prices paid, and not a forecast. How we measure →