Property Prices in Queretaro (Santiago de Querétaro), Mexico

Index Info
Price to Income Ratio: 7.11
Mortgage as Percentage of Income: 90.95%
Loan Affordability Index: 1.10
Price to Rent Ratio - City Centre: 10.70
Price to Rent Ratio - Outside of Centre: 10.55
Gross Rental Yield (City Centre): 9.35%
Gross Rental Yield (Outside of Centre): 9.48%
Rent Per Month
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Apartment (1 bedroom) in City Centre 12,663.64 MXN 8,000.00-18,000.00
Apartment (1 bedroom) Outside of Centre 9,262.73 MXN 6,000.00-15,000.00
Apartment (3 bedrooms) in City Centre 22,272.73 MXN 15,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 15,500.00 MXN 10,500.00-28,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,717.39 MXN 1,858.05-9,290.23
Price per Square Feet to Buy Apartment Outside of Centre 1,917.82 MXN 1,499.99-2,303.98
Salaries And Financing
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Average Monthly Net Salary (After Tax) 17,550.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.50 10.00-12.00

These data are based on 106 entries from 17 contributors over the past 18 months.
Last update: April 2025

Sources and References
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