Property Prices in Culiacan, Mexico

Index Info
Price to Income Ratio: 7.98
Mortgage as Percentage of Income: 107.10%
Loan Affordability Index: 0.93
Price to Rent Ratio - City Centre: 20.70
Price to Rent Ratio - Outside of Centre: 17.53
Gross Rental Yield (City Centre): 4.83%
Gross Rental Yield (Outside of Centre): 5.70%

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Rent Per Month
[ Edit ] Range
Apartment (1 bedroom) in City Centre 4,357.14 MXN 3,000.00-6,000.00
Apartment (1 bedroom) Outside of Centre 2,714.29 MXN 2,000.00-3,500.00
Apartment (3 bedrooms) in City Centre 7,833.33 MXN 6,000.00-10,000.00
Apartment (3 bedrooms) Outside of Centre 4,833.33 MXN 3,000.00-6,000.00
Buy Apartment Price
[ Edit ]
Price per Square Feet to Buy Apartment in City Centre 1,827.08 MXN 836.12-2,787.07
Price per Square Feet to Buy Apartment Outside of Centre 959.99 MXN 464.51-1,858.05
Salaries And Financing
[ Edit ]
Average Monthly Net Salary (After Tax) 9,400.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 12.25 10.00-16.00

These data are based on 55 entries in the past 18 months from 10 different contributors.
Last update: October 2020

Sources and References
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