Property Prices in Queretaro (Santiago de Querétaro), Mexico

Index Info
Price to Income Ratio: 6.40
Mortgage as Percentage of Income: 80.67%
Loan Affordability Index: 1.24
Price to Rent Ratio - City Centre: 10.79
Price to Rent Ratio - Outside of Centre: 11.35
Gross Rental Yield (City Centre): 9.27%
Gross Rental Yield (Outside of Centre): 8.81%
Rent Per Month
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Apartment (1 bedroom) in City Centre 11,912.50 MXN 8,000.00-15,000.00
Apartment (1 bedroom) Outside of Centre 8,910.69 MXN 6,000.00-14,000.00
Apartment (3 bedrooms) in City Centre 23,500.00 MXN 17,000.00-40,000.00
Apartment (3 bedrooms) Outside of Centre 13,750.00 MXN 10,000.00-22,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 2,717.39 MXN 1,858.05-3,530.29
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) 19,500.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.28 10.00-11.50

These data are based on 80 entries in the past 18 months from 12 different contributors.
Last update: January 2025

Sources and References
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