GITNUX MARKETDATA REPORT 2024

Statistics About The Average Rent In Mexico

The average rent in Mexico is approximately 8,000 Mexican pesos per month, with variations depending on location and property type.

In this post, we will explore the average rent in various cities across Mexico, providing key statistics on rental prices for different types of accommodations. From the bustling metropolis of Mexico City to the tranquil town of San Miguel de Allende, we will delve into the diverse rental landscape in Mexico and highlight notable trends in rental inflation and price fluctuations.

Statistic 1

"The average monthly rent for a one-bedroom apartment in Mexico City is approximately $500."

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Statistic 2

"The average rental inflation rate in Mexico has been approximately 3% annually."

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Statistic 3

"In San Miguel de Allende, high-end rentals can cost around $2,000 per month."

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Statistic 4

"In Merida, you can expect to pay around $400 for a one-bedroom apartment in the city."

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Statistic 5

"Rental prices in Cabo San Lucas have increased by 8% over the past year."

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Statistic 6

"In Cancun, the average rent for a one-bedroom apartment outside the city center is about $350."

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Statistic 7

"The average rent in Playa del Carmen for a luxury condo is $1,200 per month."

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Statistic 8

"Tijuana's average rent for a two-bedroom apartment in a modern building is $750."

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Statistic 9

"The average cost to rent a townhouse in Valle de Bravo is $900 per month."

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Statistic 10

"In Puerto Vallarta, average rent for a one-bedroom in the city center is about $600."

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Statistic 11

"Queretaro's average rent for a two-bedroom apartment in the central area is $600."

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Statistic 12

"In the last decade, average rental prices in Mexico's tourist regions have increased by 25%."

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Statistic 13

"In Puebla, the average rent for a studio apartment in the suburbs is about $200 per month."

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Statistic 14

"Oaxaca's average rent for a modest two-bedroom house is approximately $300."

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Statistic 15

"The average rent for a commercial space in Mexico City is $1,500 per month."

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The statistics on average rent in various cities across Mexico reveal a diverse landscape of rental prices. While Mexico City and Merida offer more affordable options with average rents around $400-500 for a one-bedroom apartment, cities like San Miguel de Allende and Playa del Carmen present higher-end rental options reaching up to $2,000 for luxury accommodations. Rental inflation rates in Mexico have been relatively stable at around 3% annually, indicating a steady increase in rental prices over the years, particularly evident in tourist regions where prices have surged by 25% in the last decade. Understanding these variations in rental costs across different Mexican cities can help individuals make informed decisions when choosing a location to rent property.

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