Property Prices in Zapopan, Mexico

Index Info
Price to Income Ratio: 6.03
Mortgage as Percentage of Income: 76.30%
Loan Affordability Index: 1.31
Price to Rent Ratio - City Centre: 13.45
Price to Rent Ratio - Outside of Centre: 8.94
Gross Rental Yield (City Centre): 7.44%
Gross Rental Yield (Outside of Centre): 11.18%
Rent Per Month
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Apartment (1 bedroom) in City Centre 7,000.00 MXN 4,500.00-10,000.00
Apartment (1 bedroom) Outside of Centre 5,035.71 MXN 3,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 15,846.15 MXN 12,000.00-20,000.00
Apartment (3 bedrooms) Outside of Centre 11,375.00 MXN 8,000.00-20,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,129.30 MXN 1,356.37-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 1,017.28 MXN 929.02-1,207.64
Salaries And Financing
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Average Monthly Net Salary (After Tax) 14,050.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.33 8.50-12.00

These data are based on 118 entries in the past 18 months from 21 different contributors.
Last update: April 2021

Sources and References
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