The average gross rental yield in Mexico stands at 5.92% (Q3, 2023).

• Mexico City
• Cancun
• Monterrey
• Acapulca
• Puebla
• Guadalajara
• Naucalpan de Juárez

		Last Updated: Sept. 21, 2023
MEXICO CITY - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Benito Juárez
1-Bedroom	$193,980	$909	5.62%
2-Bedroom	$252,308	$1,262	6.00%
3-Bedroom	$369,074	$1,643	5.34%
Miguel Hidalgo
1-Bedroom	$249,488	$1,467	7.06%
2-Bedroom	$433,619	$2,552	7.06%
3-Bedroom	$891,881	$4,107	5.53%
4+Bedroom	$1,994,997	$6,161	3.71%
Cuauhtémoc
1-Bedroom	$207,538	$1,373	7.94%
2-Bedroom	$316,853	$1,760	6.67%
3-Bedroom	$408,169	$2,465	7.25%
Cuajimalpa de Morelos
1-Bedroom	$207,561	$1,056	6.11%
2-Bedroom	$346,873	$1,467	5.08%
3-Bedroom	$800,000	$2,875	4.31%
4+Bedroom	$1,877,644	$6,894	4.41%
Coyoacán
1-Bedroom	$136,467	$733	6.45%
2-Bedroom	$204,341	$936	5.50%
3-Bedroom	$262,870	$1,109	5.06%
Azcapotzalco
2-Bedroom	$93,882	$704	9.00%
3-Bedroom	$113,245	$968	10.26%
Tlalpan
2-Bedroom	$181,310	$863	5.71%
3-Bedroom	$410,148	$1,262	3.69%
Mexico City avg. Rental Yields			6.08%
MONTERREY - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Monterrey (all locations)
1-Bedroom	$181,307	$939	6.21%
2-Bedroom	$246,441	$1,408	6.86%
3-Bedroom	$345,324	$1,702	5.91%
Monterrey avg. Rental Yields			6.33%
CANCÚN - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Cancún (all locations)
1-Bedroom	$177,619	$1,232	8.32%
2-Bedroom	$266,620	$1,467	6.60%
3-Bedroom	$500,600	$2,816	6.75%
4+Bedroom	$1,436,761	$7,041	5.88%
Cancún avg. Rental Yields			6.89%
ACAPULCO - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Acapulco (all locations)
2-Bedroom	$108,551	$499	5.52%
3-Bedroom	$272,845	$939	4.13%
4+Bedroom	$762,793	$3,081	4.85%
Acapulco avg. Rental Yields			4.83%
PUEBLA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Puebla (all locations)
1-Bedroom	$152,559	$408	3.21%
2-Bedroom	$125,555	$780	7.45%
3-Bedroom	$128,501	$909	8.49%
Puebla avg. Rental Yields			6.38%
GUADALAJARA - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Guadalajara (all locations)
1-Bedroom	$199,134	$1,027	6.19%
2-Bedroom	$274,532	$1,379	6.03%
3-Bedroom	$439,486	$1,672	4.57%
Guadalajara avg. Rental Yields			5.59%
NAUCALPAN DE JUÁREZ - Apartments	COST ($)		YIELD (p.a.)
	TO BUY	MONTHLY RENT
Naucalpan de Juárez (all locations)
1-Bedroom	$132,879	$792	7.15%
2-Bedroom	$266,978	$998	4.49%
3-Bedroom	$511,071	$1,878	4.41%
Naucalpan de Juárez avg. Rental Yields			5.35%
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 and Inmuebles24

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in the largest cities of Mexico. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).