Property Prices in Monterrey, Mexico

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Index
Price to Income Ratio:	14.81
Mortgage as Percentage of Income:	189.96%
Loan Affordability Index:	0.53
Price to Rent Ratio - City Centre:	14.40
Price to Rent Ratio - Outside of Centre:	21.95
Gross Rental Yield (City Centre):	6.94%
Gross Rental Yield (Outside of Centre):	4.56%

Rent Per Month	Edit	Range
Apartment (1 bedroom) in City Centre	18,687.50 MXN	10,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre	12,452.94 MXN	7,500.00-30,000.00
Apartment (3 bedrooms) in City Centre	30,333.33 MXN	20,000.00-50,000.00
Apartment (3 bedrooms) Outside of Centre	24,290.17 MXN	15,000.00-50,000.00
Buy Apartment Price	Edit
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	Edit
Average Monthly Net Salary (After Tax)	19,919.76 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate	11.54	9.50-14.00

These data are based on 175 entries in the past 18 months from 31 different contributors.
Last update: December 2024

Sources and References

Nearby cities:

Property Prices in Linares	87.31 miles
Property Prices in Frontera	123.90 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%