Property Prices in Culiacan, Mexico

Index Info
Price to Income Ratio: 11.21
Mortgage as Percentage of Income: 141.21%
Loan Affordability Index: 0.71
Price to Rent Ratio - City Centre: 26.83
Price to Rent Ratio - Outside of Centre: 18.43
Gross Rental Yield (City Centre): 3.73%
Gross Rental Yield (Outside of Centre): 5.43%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 6,666.67 MXN 5,500.00-8,500.00
Apartment (1 bedroom) Outside of Centre 4,500.00 MXN 3,000.00-6,500.00
Apartment (3 bedrooms) in City Centre 12,666.67 MXN 10,000.00-15,000.00
Apartment (3 bedrooms) Outside of Centre 10,000.00 MXN 10,000.00-10,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 3,716.09 MXN
Price per Square Feet to Buy Apartment Outside of Centre 1,858.05 MXN
Salaries And Financing
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Average Monthly Net Salary (After Tax) 13,375.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.25 11.00-11.50

These data are based on 22 entries in the past 18 months from 5 different contributors.
Last update: November 2024

Sources and References
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