Property Prices in Mexico

Index Info
Price to Income Ratio: 8.42
Mortgage as Percentage of Income: 103.80%
Loan Affordability Index: 0.96
Price to Rent Ratio - City Centre: 12.90
Price to Rent Ratio - Outside of Centre: 14.23
Gross Rental Yield (City Centre): 7.75%
Gross Rental Yield (Outside of Centre): 7.03%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 8,994.88 MXN 4,500.00-18,000.00
Apartment (1 bedroom) Outside of Centre 5,505.05 MXN 2,500.00-12,000.00
Apartment (3 bedrooms) in City Centre 15,968.82 MXN 8,000.00-30,000.00
Apartment (3 bedrooms) Outside of Centre 11,383.31 MXN 6,000.00-24,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre 2,337.05 MXN 1,114.83-5,063.17
Price per Square Feet to Buy Apartment Outside of Centre 1,694.13 MXN 929.02-3,251.58
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) 12,889.16 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.93 8.60-15.00

These data are based on 2532 entries in the past 18 months from 436 different contributors.
Last update: August 2022
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
Cancun 7.71 10.92 8.15 9.16 12.27 92.92 1.08
Guadalajara 7.44 7.91 10.17 12.64 9.83 89.46 1.12
Merida 10.77 9.17 4.85 10.90 20.62 141.44 0.71
Mexico City 15.03 6.31 6.31 15.84 15.85 178.78 0.56
Monterrey 8.32 7.39 6.72 13.54 14.89 103.73 0.96
Puerto Vallarta 19.91 5.82 8.29 17.19 12.06 279.89 0.36
Queretaro 6.93 11.79 5.00 8.48 20.02 84.44 1.18
Tijuana 7.97 8.71 8.68 11.48 11.52 107.74 0.93
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DeutschImmobilienpreise in Mexiko
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ItalianoPrezzi delle proprietà immobiliari in Messico
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