Property Prices in Ensenada, Mexico

Index
Price to Income Ratio:	5.18
Mortgage as Percentage of Income:	66.23%
Loan Affordability Index:	1.51
Price to Rent Ratio - City Centre:	6.55
Price to Rent Ratio - Outside of Centre:	5.51
Gross Rental Yield (City Centre):	15.26%
Gross Rental Yield (Outside of Centre):	18.14%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	9,944.48 MXN	8,000.00-12,000.00
Apartment (1 bedroom) Outside of Centre	8,750.00 MXN	6,000.00-12,000.00
Apartment (3 bedrooms) in City Centre	17,333.33 MXN	12,000.00-22,000.00
Apartment (3 bedrooms) Outside of Centre	14,000.00 MXN	8,500.00-18,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	1,302.03 MXN
Price per Square Feet to Buy Apartment Outside of Centre	929.02 MXN
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	11,600.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.50	11.50-11.50

These data are based on 25 entries in the past 18 months from 5 different contributors.
Last update: August 2024

Sources and References

Nearby cities:

Property Prices in Rosarito	52.65 miles
Property Prices in Tijuana	65.41 miles
Property Prices in Mexicali	156.66 miles
Property Prices in San Luis Rio Colorado	198.05 miles

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country data (source The World Bank, 2024)
GDP Per Capita ($) :	20,300.00
GDP Growth Rate:	3.90%
Population Growth Rate:	0.61%