Though they will have joint custody of their children, ages 3, 4, 6 and 9, Kardashian will receive $200,000 a month in child support, as they will spend most of their time with her, the New York Post reported.
The celebrity couple were married in 2014, and Kardashian filed for divorce last year, citing irreconcilable differences.
Ye has courted controversy in recent months by publicly ending major corporate tie-ups and making outbursts on social media against other celebrities.
His Twitter and Instagram accounts were restricted, with the social media platforms removing some of his posts that users condemned as antisemitic.
Details of their divorce settlement were reported by several media outlets, citing Los Angeles County Superior Court documents.