Property Prices in Monterrey, Mexico

Index Info
Price to Income Ratio: 7.81
Mortgage as Percentage of Income: 96.71%
Loan Affordability Index: 1.03
Price to Rent Ratio - City Centre: 11.48
Price to Rent Ratio - Outside of Centre: 11.49
Gross Rental Yield (City Centre): 8.71%
Gross Rental Yield (Outside of Centre): 8.70%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 13,968.75 MXN 7,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 9,384.62 MXN 5,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 26,750.00 MXN 18,000.00-45,000.00
Apartment (3 bedrooms) Outside of Centre 16,675.00 MXN 11,800.00-25,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 3,344.48 MXN 2,787.07-4,459.31
Price per Square Feet to Buy Apartment Outside of Centre 2,173.71 MXN 1,419.99-3,576.74
Salaries And Financing
Average Monthly Net Salary (After Tax) 19,016.86 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.00 8.80-12.00

These data are based on 133 entries in the past 18 months from 23 different contributors.
Last update: May 2023

Sources and References
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