Property Prices in Cancun, Mexico

Index Info
Price to Income Ratio: 9.01
Mortgage as Percentage of Income: 114.73%
Loan Affordability Index: 0.87
Price to Rent Ratio - City Centre: 8.27
Price to Rent Ratio - Outside of Centre: 14.20
Gross Rental Yield (City Centre): 12.09%
Gross Rental Yield (Outside of Centre): 7.04%
Rent Per Month
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Apartment (1 bedroom) in City Centre 12,000.00 MXN 6,000.00-24,702.36
Apartment (1 bedroom) Outside of Centre 9,000.00 MXN 3,000.00-17,000.00
Apartment (3 bedrooms) in City Centre 23,484.74 MXN 15,000.00-32,000.00
Apartment (3 bedrooms) Outside of Centre 17,500.00 MXN 12,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,090.30 MXN 2,043.85-2,136.75
Price per Square Feet to Buy Apartment Outside of Centre 2,683.82 MXN 1,858.05-3,716.09
Salaries And Financing
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Average Monthly Net Salary (After Tax) 14,253.35 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.42 10.00-11.50

These data are based on 71 entries in the past 18 months from 13 different contributors.
Last update: February 2025

Sources and References
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