Rental yields are moderate to good in Mexico

Residential Valuation Specialist | November 18, 2022

Last Updated: Sept. 26, 2022
MEXICO CITY - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Benito Juárez
1-Bedroom $157,797 $888 6.75%
2-Bedroom $196,753 $981 5.98%
3-Bedroom $222,149 $1,233 6.66%
4+Bedroom $369,837 $1,874 6.08%
Miguel Hidalgo
1-Bedroom $215,867 $1,130 6.28%
2-Bedroom $257,862 $1,719 8.00%
3-Bedroom $712,189 $2,947 4.97%
4+Bedroom $1,375,262 $5,694 4.97%
Cuauhtémoc
1-Bedroom $176,377 $884 6.02%
2-Bedroom $183,941 $1,081 7.05%
3-Bedroom $252,704 $1,474 7.00%
4+Bedroom $292,243 $1,572 6.45%
Cuajimalpa de Morelos
1-Bedroom $176,819 $779 5.28%
2-Bedroom $284,876 $1,154 4.86%
3-Bedroom $682,719 $2,456 4.32%
4+Bedroom $1,448,937 $5,894 4.88%
Álvaro Obregón
1-Bedroom $176,819 $884 6.00%
2-Bedroom $221,024 $1,066 5.79%
3-Bedroom $356,095 $1,695 5.71%
4+Bedroom $859,539 $2,947 4.11%
Coyoacán
1-Bedroom $101,817 $565 6.66%
2-Bedroom $108,547 $737 8.14%
3-Bedroom $139,982 $982 8.42%
Azcapotzalco
1-Bedroom $94,876 $393 4.97%
2-Bedroom $99,982 $589 7.07%
3-Bedroom $105,600 $810 9.21%
Tlalpan
1-Bedroom $98,233 $368 4.50%
2-Bedroom $113,901 $663 6.99%
3-Bedroom $195,484 $1,252 7.69%
4+Bedroom $699,910 $5,403 9.26%
Mexico City avg. Rental Yields 6.34%
MÉRIDA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Fraccionamiento Montebello
1-Bedroom $94,285 $666 8.48%
2-Bedroom $152,454 $814 6.41%
3-Bedroom $288,134 $987 4.11%
Montes de Ame
1-Bedroom $133,477 $543 5.74%
2-Bedroom $147,301 $789 6.43%
3-Bedroom $236,822 $1,480 7.50%
San Ramon Norte
1-Bedroom $103,145 $688 8.00%
2-Bedroom $156,767 $1,056 8.08%
3-Bedroom $276,122 $1,474 6.40%
Mérida avg. Rental Yields 6.79%
MONTERREY - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Monterrey (all locations)
1-Bedroom $130,159 $701 6.46%
2-Bedroom $186,102 $982 6.33%
3-Bedroom $248,038 $1,228 5.94%
4+Bedroom $266,152 $1,277 5.76%
Monterrey avg. Rental Yields 6.12%
CANCÚN - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Cancún (all locations)
1-Bedroom $184,717 $737 4.79%
2-Bedroom $221,761 $982 5.32%
3-Bedroom $446,273 $1,277 3.43%
4+Bedroom $1,203,354 $3,438 3.43%
Cancún avg. Rental Yields 4.24%
ACAPULCO - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Acapulco (all locations)
1-Bedroom $73,675 $196 3.20%
2-Bedroom $90,866 $221 2.92%
3-Bedroom $189,099 $437 2.77%
4+Bedroom $687,631 $663 1.16%
Acapulco avg. Rental Yields 2.51%
PUEBLA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Puebla (all locations)
1-Bedroom $92,928 $614 7.93%
2-Bedroom $122,791 $663 6.48%
3-Bedroom $135,070 $737 6.55%
4+Bedroom $294,699 $737 3.00%
Puebla avg. Rental Yields 5.99%
GUADALAJARA - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Guadalajara (all locations)
1-Bedroom $162,825 $987 7.27%
2-Bedroom $165,282 $1,085 7.88%
3-Bedroom $335,104 $1,628 5.83%
4+Bedroom $557,519 $1,628 3.50%
Guadalajara avg. Rental Yields 6.12%
NAUCALPAN DE JUÁREZ - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Naucalpan de Juárez (all locations)
1-Bedroom $201,225 $688 4.10%
2-Bedroom $202,376 $982 5.82%
3-Bedroom $343,462 $1,719 6.01%
4+Bedroom $417,490 $2,456 7.06%
Naucalpan de Juárez avg. Rental Yields 5.75%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

Get updated rental yields data for 75 countries

The Gross rental yield is the rent the landlord will earn - before taxation, vacancy costs, and other costs - compared to the property´s purchase price. Gross rental yields from apartments in Mexico remain good.

 

In Mexico City the rental yields are moderate to good, the rental yields range from 4.11% to 9.26% with a city average rental return of 6.34%, In general, smaller apartments earn a bigger return.

What are the rental yields in Mexico´s other cities and areas?

  • Mérida apartments have a rental yield of 4.11% to 8.48% with a city average of 6.79%.
  • Monterrey apartments earn a rental yield between 5.76% to 6.46% with an average of 6.12%
  • Cancún apartments yield between 3.43% to 5.32% with an average of 4.24%.
  • Acapulco apartments can yield you between 1.16% to 3.20% with an average of 2.51%.
  • Puebla apartments yield stay between 3.00% to 7.93% with an average of 5.99%.
  • Guadalajara apartments earn a yield between 3.50% to 7.88% with an average of 6.12%.
  • Naucalpan de Juárez apartments have a yield between 4.10% to 7.06% with an average of 5.75%.

Round trip transaction costs range from low to high for foreigners buying residential property in Mexico. See our Residential transaction cost analysis for Mexico.