Property Prices in Mexico

Index Info
Price to Income Ratio: 10.53
Mortgage as Percentage of Income: 131.97%
Loan Affordability Index: 0.76
Price to Rent Ratio - City Centre: 15.89
Price to Rent Ratio - Outside of Centre: 15.49
Gross Rental Yield (City Centre): 6.29%
Gross Rental Yield (Outside of Centre): 6.46%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 7,187.75 MXN 4,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 4,578.86 MXN 2,500.00-10,000.00
Apartment (3 bedrooms) in City Centre 13,931.33 MXN 7,000.00-28,000.00
Apartment (3 bedrooms) Outside of Centre 9,724.26 MXN 5,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,394.44 MXN 975.47-4,728.73
Price per Square Feet to Buy Apartment Outside of Centre 1,554.15 MXN 721.80-3,251.58
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 10,093.81 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.18 8.00-15.00

These data are based on 3721 entries in the past 18 months from 654 different contributors.
Last update: January 2021
Our data for each country are based on all entries from all cities in that country.

Sources and References

By City in Mexico

Rank
City
Price To Income Ratio
Gross Rental Yield City Centre
Gross Rental Yield Outside of Centre
Price To Rent Ratio City Centre
Price To Rent Ratio Outside Of City Centre
Mortgage As A Percentage Of Income
Affordability Index
Aguascalientes 3.45 11.26 9.96 8.88 10.04 50.88 1.97
Cancun 8.64 9.09 7.62 11.00 13.13 113.14 0.88
Guadalajara 9.13 8.35 7.84 11.97 12.75 115.71 0.86
Merida 17.05 5.57 3.43 17.96 29.17 292.33 0.34
Mexico City 14.17 5.93 5.96 16.87 16.78 175.01 0.57
Monterrey 6.42 8.31 7.67 12.03 13.04 77.27 1.29
Puebla 6.50 7.17 7.16 13.95 13.97 81.96 1.22
Puerto Vallarta 19.04 6.76 6.83 14.79 14.63 267.63 0.37
Queretaro 5.37 12.40 8.52 8.06 11.74 62.93 1.59
Tijuana 7.00 9.05 10.89 11.05 9.18 94.62 1.06
Zapopan 6.10 9.03 10.12 11.07 9.88 77.18 1.30
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DeutschImmobilienpreise in Mexiko
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