Property Prices in Toluca, Mexico

Index Info
Price to Income Ratio: 4.36
Mortgage as Percentage of Income: 54.50%
Loan Affordability Index: 1.84
Price to Rent Ratio - City Centre: 8.07
Price to Rent Ratio - Outside of Centre: 8.33
Gross Rental Yield (City Centre): 12.38%
Gross Rental Yield (Outside of Centre): 12.01%

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Rent Per Month
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Apartment (1 bedroom) in City Centre 10,500.00 MXN 5,000.00-25,000.00
Apartment (1 bedroom) Outside of Centre 6,125.00 MXN 3,000.00-12,000.00
Apartment (3 bedrooms) in City Centre 15,250.00 MXN 6,500.00-32,000.00
Apartment (3 bedrooms) Outside of Centre 10,375.00 MXN 4,500.00-23,000.00
Buy Apartment Price
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Price per Square Feet to Buy Apartment in City Centre 1,569.12 MXN 929.02-2,209.22
Price per Square Feet to Buy Apartment Outside of Centre 1,006.41 MXN 464.51-1,548.31
Salaries And Financing
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Average Monthly Net Salary (After Tax) 15,883.00 MXN
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate 11.12 9.00-11.50

These data are based on 35 entries in the past 18 months from 6 different contributors.
Last update: November 2024

Sources and References
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