Year: 2026 2025 2024
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Mexico City, Mexico

Property prices · 2025 · Americas · Price +4% vs 2024

Price/sqm — City Centre MXN 54,080
Price/sqm — Outside Centre MXN 33,280
1-Bed Rent / Month MXN 15,600
3-Bed Rent / Month MXN 29,120
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 (2025)

City Centre /sqm Outside /sqm 1-Bed Rent vs Mexico City
Mexico City MXN 54,080 MXN 33,280 MXN 15,600
Monterrey MXN 44,310 MXN 29,540 MXN 11,078 -18.1%
Guadalajara MXN 37,980 MXN 25,320 MXN 10,022 -29.8%
Cancun MXN 33,760 MXN 22,155 MXN 8,968 -37.6%

Other Americas cities (2025)

Frequently asked questions

How much does property cost in Mexico City in 2025?

In Mexico City, the average price per sqm in the city centre is MXN 54,080, and MXN 33,280 outside the centre (2025 data). Prices have risen 7% since 2024.

How much is rent in Mexico City in 2025?

A 1-bedroom apartment in Mexico City rents for approximately MXN 15,600 per month in 2025. A 3-bedroom apartment costs around MXN 29,120/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 2025?

The average mortgage rate in Mexico is approximately 11.50% as of 2025. 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 +4% vs 2024. 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 54,080 in 2025. Outside the centre, expect to pay around MXN 33,280/sqm.

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