Property Prices in Queretaro (Santiago de Querétaro), Mexico

Index Info
Price to Income Ratio: 7.07
Mortgage as Percentage of Income: 90.05%
Loan Affordability Index: 1.11
Price to Rent Ratio - City Centre: 14.26
Price to Rent Ratio - Outside of Centre: 12.26
Gross Rental Yield (City Centre): 7.01%
Gross Rental Yield (Outside of Centre): 8.15%
Rent Per Month
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Apartment (1 bedroom) in City Centre 10,000.00 MXN 8,000.00-13,000.00
Apartment (1 bedroom) Outside of Centre 7,090.10 MXN 6,000.00-8,540.59
Apartment (3 bedrooms) in City Centre 15,600.00 MXN 12,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 13,714.29 MXN 10,000.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,717.39 MXN 1,858.05-3,530.29
Price per Square Feet to Buy Apartment Outside of Centre 1,821.53 MXN 1,114.83-2,303.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 17,277.78 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.43 10.20-11.50

These data are based on 69 entries in the past 18 months from 13 different contributors.
Last update: February 2024

Sources and References
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