Property Prices in Merida, Mexico
| Index |  |
|---|---|
| Price to Income Ratio: | 10.78 |
| Mortgage as Percentage of Income: | 141.48% |
| Loan Affordability Index: | 0.71 |
| Price to Rent Ratio - City Centre: | 10.90 |
| Price to Rent Ratio - Outside of Centre: | 20.68 |
| Gross Rental Yield (City Centre): | 9.18% |
| Gross Rental Yield (Outside of Centre): | 4.84% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 8,044.66 MXN | |
| Apartment (1 bedroom) Outside of Centre | 5,576.92 MXN | |
| Apartment (3 bedrooms) in City Centre | 14,604.49 MXN | |
| Apartment (3 bedrooms) Outside of Centre | 12,515.90 MXN | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 1,783.72 MXN | |
| Price per Square Feet to Buy Apartment Outside of Centre | 2,597.44 MXN | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 10,940.62 MXN | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 11.90 |
These data are based on 83 entries in the past 18 months from 18 different contributors.
Last update: July 2022
Sources and References
Nearby cities:| Property Prices in Cancun | 191.58 miles |
| Property Prices in Playa del Carmen | 223.38 miles |
This page in other languages:
DeutschImmobilienpreise in Merida
PortuguêsPreços de Imóveis em Mérida
ItalianoPrezzi delle proprietà immobiliari a Merida
FrançaisPrix de l'immobilier à Mérida
EspañolPrecios de Inmuebles en Mérida
Leave a comment:3 Comments so far
CARMELITA
on Oct 20, 2021:
Wonderful..as an African American I cannot wait to leave for Meridia!
Al
on Sep 02, 2021:
You wont have any problem finding any type of housing at any price. Their are plenty of choices for every budget in many wonderful areas.
Holli Muenscher
on Feb 11, 2021:
Hello, I first want to say how much I like this site it’s extremely helpful in finding a home for retirement. The only thing I couldn’t find and needed and would be appreciated is the average availability in finding a place to live. How hard is it to find a place to buy or an apartments to rent. If I do decide to go down to Merida to find place to live how hard will it be to find something to rent or buy?