Year: 2026 2025 2024
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Mexico City, Mexico

Property prices · 2026 · Americas · Price +2.9% vs 2025

Price/sqm — City Centre MXN 55,640
Price/sqm — Outside Centre MXN 34,240
1-Bed Rent / Month MXN 16,050
3-Bed Rent / Month MXN 29,960
Avg Mortgage Rate 11.50%
Price-to-Rent Ratio 16.0x Buying and renting are roughly comparable

Property price trend in Mexico City (2024–2026)

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Property comparison — cities in Mexico (2026)

City Centre /sqm Outside /sqm 1-Bed Rent vs Mexico City
Mexico City MXN 55,640 MXN 34,240 MXN 16,050
Monterrey MXN 46,116 MXN 30,744 MXN 11,529 -17.1%
Guadalajara MXN 39,528 MXN 26,352 MXN 10,431 -29%
Cancun MXN 35,136 MXN 23,058 MXN 9,333 -36.9%

Other Americas cities (2026)

Frequently asked questions

How much does property cost in Mexico City in 2026?

In Mexico City, the average price per sqm in the city centre is MXN 55,640, and MXN 34,240 outside the centre (2026 data). Prices have risen 7% since 2024.

How much is rent in Mexico City in 2026?

A 1-bedroom apartment in Mexico City rents for approximately MXN 16,050 per month in 2026. A 3-bedroom apartment costs around MXN 29,960/month.

Is it better to buy or rent in Mexico City?

Buying and renting are roughly comparable in Mexico City. The price-to-rent ratio is 16.0x — it would take approximately 16.0 years of rental payments to equal the property purchase price. Current mortgage rates are approximately 11.50%.

What are mortgage rates in Mexico in 2026?

The average mortgage rate in Mexico is approximately 11.50% as of 2026. With a price-to-rent ratio of 16.0x, buyers should carefully weigh mortgage costs against rental savings.

How have property prices in Mexico City changed?

Property prices in Mexico City have changed +2.9% vs 2025. Since 2024, prices have increased by 7%. Use the year tabs above to compare prices across years.

What is the price per sqm in Mexico City?

The average property price per square metre in Mexico City city centre is MXN 55,640 in 2026. Outside the centre, expect to pay around MXN 34,240/sqm.

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