Property Prices in San Miguel de Allende, Mexico

Index Info
Price to Income Ratio: 17.46
Mortgage as Percentage of Income: 231.43%
Loan Affordability Index: 0.43
Price to Rent Ratio - City Centre: 10.56
Price to Rent Ratio - Outside of Centre: 11.16
Gross Rental Yield (City Centre): 9.47%
Gross Rental Yield (Outside of Centre): 8.96%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre Mex$19,540.99 10,200.00-24,045.96
1 Bedroom Apartment Outside of City Centre Mex$11,550.22 6,630.00-15,000.00
3 Bedroom Apartment in City Centre Mex$43,354.93 26,000.00-60,000.00
3 Bedroom Apartment Outside of City Centre Mex$22,927.24 12,947.83-35,000.00
Buy Apartment Price
Edit
Price per Square Feet to Buy Apartment in City Centre Mex$4,619.10 4,548.49-8,499.93
Price per Square Feet to Buy Apartment Outside of Centre Mex$2,734.39 2,500.06-3,437.38
Salaries And Financing
Edit
Average Monthly Net Salary (After Tax) Mex$11,333.33
Annual Mortgage Interest Rate (20-Year Fixed, in %) 12.05 11.60-13.00

These data are based on 54 entries from 10 contributors over the past 18 months.
Last update: 15 October 2026

Sources and References
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1 Comments so far
Sue Beere on Sep 16, 2020:
What are the current prices per sq. meter of lots in and near the Centro of San Miguel. Are lists of recent sales available?