Property Prices in Merida, Mexico
| Index |  |
|---|---|
| Price to Income Ratio: | 17.24 |
| Mortgage as Percentage of Income: | 295.64% |
| Loan Affordability Index: | 0.34 |
| Price to Rent Ratio - City Centre: | 16.29 |
| Price to Rent Ratio - Outside of Centre: | 28.10 |
| Gross Rental Yield (City Centre): | 6.14% |
| Gross Rental Yield (Outside of Centre): | 3.56% |
Rent Per Month |  Edit |
Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 7,571.43 MXN | |
| Apartment (1 bedroom) Outside of Centre | 3,909.09 MXN | |
| Apartment (3 bedrooms) in City Centre | 13,155.36 MXN | |
| Apartment (3 bedrooms) Outside of Centre | 8,478.81 MXN | |
Buy Apartment Price | Edit |
|
| Price per Square Feet to Buy Apartment in City Centre | 2,461.06 MXN | |
| Price per Square Feet to Buy Apartment Outside of Centre | 2,432.14 MXN | |
Salaries And Financing | Edit |
|
| Average Monthly Net Salary (After Tax) | 7,637.14 MXN | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 16.50 |
These data are based on 89 entries in the past 18 months from 17 different contributors.
Last update: April 2021
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:1 Comments so far
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?