Property Prices in Monterrey, Mexico

Index Info
Price to Income Ratio: 15.18
Mortgage as Percentage of Income: 194.90%
Loan Affordability Index: 0.51
Price to Rent Ratio - City Centre: 14.80
Price to Rent Ratio - Outside of Centre: 21.69
Gross Rental Yield (City Centre): 6.76%
Gross Rental Yield (Outside of Centre): 4.61%
Rent Per Month
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Apartment (1 bedroom) in City Centre 17,882.35 MXN 10,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 12,642.11 MXN 8,000.00-21,000.00
Apartment (3 bedrooms) in City Centre 30,210.53 MXN 20,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 24,479.76 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) 19,437.50 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: March 2025

Sources and References
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