Property Prices in Monterrey, Mexico

Index Info
Price to Income Ratio: 14.71
Mortgage as Percentage of Income: 187.32%
Loan Affordability Index: 0.53
Price to Rent Ratio - City Centre: 14.74
Price to Rent Ratio - Outside of Centre: 20.96
Gross Rental Yield (City Centre): 6.78%
Gross Rental Yield (Outside of Centre): 4.77%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,750.00 MXN 10,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 13,343.75 MXN 7,500.00-30,000.00
Apartment (3 bedrooms) in City Centre 29,764.71 MXN 20,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre 24,766.50 MXN 15,000.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,140.99 MXN 4,245.63-6,967.67
Price per Square Feet to Buy Apartment Outside of Centre 5,748.33 MXN 2,322.56-11,148.27
Salaries And Financing
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Average Monthly Net Salary (After Tax) 19,919.76 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.42 9.50-14.00

These data are based on 165 entries in the past 18 months from 30 different contributors.
Last update: November 2024

Sources and References
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