Property Prices in Cancun, Mexico

Index Info
Price to Income Ratio: 13.40
Mortgage as Percentage of Income: 170.50%
Loan Affordability Index: 0.59
Price to Rent Ratio - City Centre: 12.47
Price to Rent Ratio - Outside of Centre: 19.48
Gross Rental Yield (City Centre): 8.02%
Gross Rental Yield (Outside of Centre): 5.13%
Rent Per Month
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Apartment (1 bedroom) in City Centre 11,000.00 MXN 6,000.00-24,000.00
Apartment (1 bedroom) Outside of Centre 9,000.00 MXN 5,000.00-17,000.00
Apartment (3 bedrooms) in City Centre 24,233.17 MXN 15,000.00-32,000.00
Apartment (3 bedrooms) Outside of Centre 18,000.00 MXN 13,000.00-25,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,060.19 MXN 2,043.85-4,999.96
Price per Square Feet to Buy Apartment Outside of Centre 3,731.13 MXN 2,477.33-4,999.96
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,642.86 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.42 11.00-11.50

These data are based on 71 entries from 12 contributors over the past 18 months.
Last update: 5 April 2025

Sources and References
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