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Property Prices in Monterrey, Mexico
| Index |  |
|---|---|
| Price to Income Ratio: | 6.86 |
| Mortgage as Percentange of Income: | 83.67% |
| Loan Affordability Index: | 1.20 |
| Price to Rent Ratio - City Centre: | 16.86 |
| Price to Rent Ratio - Outside of Centre: | 12.67 |
| Gross Rental Yield (City Centre): | 5.93% |
| Gross Rental Yield (Outside of Centre): | 7.89% |
| Rent Per Month | [ Edit ] | Range |
|---|---|---|
| Apartment (1 bedroom) in City Centre | 5,779.70 MXN | |
| Apartment (1 bedroom) Outside of Centre | 4,027.27 MXN | |
| Apartment (3 bedrooms) in City Centre | 14,225.00 MXN | |
| Apartment (3 bedrooms) Outside of Centre | 9,854.17 MXN | |
| Buy Apartment Price | [ Edit ] | |
| Price per Square Feet to Buy Apartment in City Centre | 2,301.91 MXN | |
| Price per Square Feet to Buy Apartment Outside of Centre | 1,201.92 MXN | |
| Salaries And Financing | [ Edit ] | |
| Average Monthly Net Salary (After Tax) | 13,750.00 MXN | |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 10.77 |
These data are based on 141 entries in the past 18 months from 24 different contributors.
Last update: December 2018
Sources and References:
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