Property Prices in Queretaro (Santiago de Querétaro), Mexico

Index Info
Price to Income Ratio: 6.88
Mortgage as Percentage of Income: 87.65%
Loan Affordability Index: 1.14
Price to Rent Ratio - City Centre: 12.49
Price to Rent Ratio - Outside of Centre: 11.40
Gross Rental Yield (City Centre): 8.01%
Gross Rental Yield (Outside of Centre): 8.77%
Rent Per Month
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Apartment (1 bedroom) in City Centre 10,750.00 MXN 8,000.00-14,000.00
Apartment (1 bedroom) Outside of Centre 8,029.05 MXN 6,000.00-13,000.00
Apartment (3 bedrooms) in City Centre 19,285.71 MXN 14,000.00-25,000.00
Apartment (3 bedrooms) Outside of Centre 13,875.00 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) 17,750.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.43 10.20-11.50

These data are based on 80 entries in the past 18 months from 15 different contributors.
Last update: June 2024

Sources and References
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