Property Prices in Cuernavaca, Mexico

Index Info
Price to Income Ratio: 42.32
Mortgage as Percentage of Income: 668.76%
Loan Affordability Index: 0.15
Price to Rent Ratio - City Centre: 57.93
Price to Rent Ratio - Outside of Centre: 26.20
Gross Rental Yield (City Centre): 1.73%
Gross Rental Yield (Outside of Centre): 3.82%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 6,428.57 MXN 4,000.00-8,000.00
Apartment (1 bedroom) Outside of Centre 4,500.00 MXN 3,000.00-6,000.00
Apartment (3 bedrooms) in City Centre 13,562.50 MXN 6,500.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 12,749.83 MXN 7,499.00-24,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 8,133.59 MXN 938.31-15,328.87
Price per Square Feet to Buy Apartment Outside of Centre 3,006.78 MXN 850.98-7,432.18
Salaries And Financing
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Average Monthly Net Salary (After Tax) 7,083.33 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 15.00

These data are based on 56 entries in the past 18 months from 11 different contributors.
Last update: March 2021

Sources and References
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