Property Prices in Toluca, Mexico

Index Info
Price to Income Ratio: 5.38
Mortgage as Percentage of Income: 64.89%
Loan Affordability Index: 1.54
Price to Rent Ratio - City Centre: 15.74
Price to Rent Ratio - Outside of Centre: 12.35
Gross Rental Yield (City Centre): 6.35%
Gross Rental Yield (Outside of Centre): 8.09%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 5,000.00 MXN 4,000.00-6,000.00
Apartment (1 bedroom) Outside of Centre 4,125.00 MXN 3,000.00-5,500.00
Apartment (3 bedrooms) in City Centre 8,666.67 MXN 6,500.00-12,000.00
Apartment (3 bedrooms) Outside of Centre 7,000.00 MXN 4,500.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,569.12 MXN 929.02-2,209.22
Price per Square Feet to Buy Apartment Outside of Centre 1,006.41 MXN 464.51-1,548.31
Salaries And Financing
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Average Monthly Net Salary (After Tax) 12,883.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 10.60 9.00-11.50

These data are based on 33 entries in the past 18 months from 7 different contributors.
Last update: April 2024

Sources and References
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