Property Prices in Zapopan, Mexico

Index Info
Price to Income Ratio: 6.10
Mortgage as Percentage of Income: 77.18%
Loan Affordability Index: 1.30
Price to Rent Ratio - City Centre: 11.07
Price to Rent Ratio - Outside of Centre: 9.88
Gross Rental Yield (City Centre): 9.03%
Gross Rental Yield (Outside of Centre): 10.12%
Rent Per Month
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Apartment (1 bedroom) in City Centre 6,916.67 MXN 4,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 4,500.00 MXN 3,000.00-7,000.00
Apartment (3 bedrooms) in City Centre 16,500.00 MXN 15,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 11,807.69 MXN 8,000.00-18,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,779.06 MXN 1,356.37-3,530.29
Price per Square Feet to Buy Apartment Outside of Centre 1,086.93 MXN 929.02-1,207.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 12,650.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.33 8.50-12.00

These data are based on 109 entries in the past 18 months from 20 different contributors.
Last update: December 2020

Sources and References
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