Property Prices in Queretaro (Santiago de Querétaro), Mexico

Index Info
Price to Income Ratio: 5.76
Mortgage as Percentage of Income: 70.54%
Loan Affordability Index: 1.42
Price to Rent Ratio - City Centre: 7.24
Price to Rent Ratio - Outside of Centre: 16.75
Gross Rental Yield (City Centre): 13.81%
Gross Rental Yield (Outside of Centre): 5.97%
Rent Per Month
Edit Range
Apartment (1 bedroom) in City Centre 9,687.50 MXN 6,500.00-12,000.00
Apartment (1 bedroom) Outside of Centre 6,395.20 MXN 3,500.00-10,000.00
Apartment (3 bedrooms) in City Centre 14,437.50 MXN 12,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 10,691.67 MXN 7,500.00-17,000.00
Buy Apartment Price
Price per Square Feet to Buy Apartment in City Centre 1,312.24 MXN 743.22-1,858.05
Price per Square Feet to Buy Apartment Outside of Centre 2,101.91 MXN 1,161.28-3,251.58
Salaries And Financing
Average Monthly Net Salary (After Tax) 15,954.55 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.83 10.00-12.00

These data are based on 89 entries in the past 18 months from 17 different contributors.
Last update: March 2023

Sources and References
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