Property Prices in Merida, Mexico
| Index |  |
|---|---|
| Price to Income Ratio: | 10.24 |
| Mortgage as Percentage of Income: | 132.61% |
| Loan Affordability Index: | 0.75 |
| Price to Rent Ratio - City Centre: | 8.76 |
| Price to Rent Ratio - Outside of Centre: | 13.27 |
| Gross Rental Yield (City Centre): | 11.41% |
| Gross Rental Yield (Outside of Centre): | 7.53% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 11,500.00 MXN | |
| Apartment (1 bedroom) Outside of Centre | 8,812.19 MXN | |
| Apartment (3 bedrooms) in City Centre | 21,285.71 MXN | |
| Apartment (3 bedrooms) Outside of Centre | 13,654.20 MXN | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,068.62 MXN | |
| Price per Square Feet to Buy Apartment Outside of Centre | 2,222.19 MXN | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 11,277.78 MXN | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.69 |
These data are based on 83 entries in the past 18 months from 16 different contributors.
Last update: March 2024
Sources and References
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Nearby cities:| Property Prices in Cancun | 191.58 miles |
| Property Prices in Playa del Carmen | 223.38 miles |
This page in other languages:
 DeutschImmobilienpreise in Merida
|
 PortuguêsPreços de Imóveis em Mérida
|
 ItalianoPrezzi delle proprietà immobiliari a Merida
|
 FrançaisPrix de l'immobilier à Mérida
|
 EspañolPrecios de Inmuebles en Mérida
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Leave a comment:4 Comments so far
Charlie Cummins
on Oct 03, 2023:
I want to move to Merida and open up a brick block Stone training center. I will be bringing people in from the USA and Canada and training them for 4 to 6 weeks. I will also train people in Mexico or anywhere in the world and be able to get them a work permit Visa and a job anywhere in the USA please email me for more information. Thank you
CARMELITA
on Oct 20, 2021:
Wonderful..as an African American I cannot wait to leave for Meridia!
Al
on Sep 02, 2021:
You wont have any problem finding any type of housing at any price. Their are plenty of choices for every budget in many wonderful areas.
Holli Muenscher
on Feb 11, 2021:
Hello, I first want to say how much I like this site it’s extremely helpful in finding a home for retirement. The only thing I couldn’t find and needed and would be appreciated is the average availability in finding a place to live. How hard is it to find a place to buy or an apartments to rent. If I do decide to go down to Merida to find place to live how hard will it be to find something to rent or buy?