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: 10.76
Price to Rent Ratio - Outside of Centre: 10.93
Gross Rental Yield (City Centre): 9.29%
Gross Rental Yield (Outside of Centre): 9.15%
Rent Per Month
Edit Range
1 Bedroom Apartment in City Centre Mex$19,264.96 10,200.00-23,000.00
1 Bedroom Apartment Outside of City Centre Mex$11,886.79 6,630.00-15,000.00
3 Bedroom Apartment in City Centre Mex$42,342.88 26,000.00-60,000.00
3 Bedroom Apartment Outside of City Centre Mex$23,218.68 10,200.00-35,000.00
Buy Apartment Price
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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
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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 50 entries from 9 contributors over the past 18 months.
Last update: 6 June 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?