Property Prices in Monterrey, Mexico

Index Info
Price to Income Ratio: 15.14
Mortgage as Percentage of Income: 194.47%
Loan Affordability Index: 0.51
Price to Rent Ratio - City Centre: 14.75
Price to Rent Ratio - Outside of Centre: 22.69
Gross Rental Yield (City Centre): 6.78%
Gross Rental Yield (Outside of Centre): 4.41%
Rent Per Month
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Apartment (1 bedroom) in City Centre 18,176.47 MXN 10,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 12,205.56 MXN 7,500.00-30,000.00
Apartment (3 bedrooms) in City Centre 29,789.47 MXN 20,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 23,132.29 MXN 15,000.00-50,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 5,214.44 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) 19,479.78 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.55 9.50-14.00

These data are based on 181 entries in the past 18 months from 32 different contributors.
Last update: January 2025

Sources and References
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