Property Prices in Ensenada, Mexico

Index Info
Price to Income Ratio: 5.18
Mortgage as Percentage of Income: 66.23%
Loan Affordability Index: 1.51
Price to Rent Ratio - City Centre: 6.54
Price to Rent Ratio - Outside of Centre: 5.51
Gross Rental Yield (City Centre): 15.28%
Gross Rental Yield (Outside of Centre): 18.14%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 9,968.49 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
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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
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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
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