Until now, defining characters of hystricognath rodents have been the subplacenta and the lobulation of the main chorioallantoic placenta. However, recent studies have revealed hystricognaths without marked lobulation, which is a plesiomorphic condition of the group. The question thus arises whether the subplacenta of these taxa is structurally homologous to that of other hystricognaths. Therefore, subplacental morphology and ontogeny were investigated in Octodon and Petromus by conventional light and electron microscopy, and the stem species pattern of Hystricognathi was reconstructed by applying MacClade. The subplacentae of both species share important similarities with other hystricognaths. The organ develops early in gestation but degenerates towards term. It consists of folded layers of cellular and syncytial trophoblast, the latter enclosing maternal blood lacunae and electron-dense particles. Root-like syncytial outgrowths (syncytial streamers) and extraplacental trophoblast cells occur at the lateral and basal borders of the organ. Maternal vascularisation by blood lacunae within the subplacental syncytiotrophoblast is acquired early but lost during mid-gestation. Vascularisation by fetal vessels is established later. Fetomaternal exchange via blood circulation inside the subplacenta is unlikely to occur, since periods of maternal and fetal vascularisation show little overlap. In conclusion, the subplacentae of both species are regarded as homologous to other hystricognaths, comprising 18 character conditions that belong to their stem species pattern. Thus, the systematic unity of the group can be confirmed.