Property Prices in Mazatlan, Mexico

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Index
Price to Income Ratio:	12.50
Mortgage as Percentage of Income:	158.25%
Loan Affordability Index:	0.63
Price to Rent Ratio - City Centre:	11.03
Price to Rent Ratio - Outside of Centre:	8.23
Gross Rental Yield (City Centre):	9.06%
Gross Rental Yield (Outside of Centre):	12.15%

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Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	14,500.00 MXN	8,000.00-18,000.00
Apartment (1 bedroom) Outside of Centre	16,000.00 MXN	14,000.00-18,000.00
Apartment (3 bedrooms) in City Centre	26,250.00 MXN	22,000.00-36,000.00
Apartment (3 bedrooms) Outside of Centre	20,500.00 MXN	20,000.00-22,000.00
Buy Apartment Price	Edit
Price per Square Feet to Buy Apartment in City Centre	3,251.58 MXN
Price per Square Feet to Buy Apartment Outside of Centre	2,322.56 MXN
Salaries And Financing	Edit
Average Monthly Net Salary (After Tax)	12,000.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.33	11.00-11.50

These data are based on 26 entries in the past 18 months from 5 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Culiacan	137.33 miles
Property Prices in Tepic	175.08 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%