Mexico City real estate market — prices, rental yield and trend
- Average price: $3,239 / m²
- Gross rental yield: 6.77%
- 12-month price change (USD): 12.4%
- Price basis: local-market average
Mexico City is one of the faster-moving markets Glopra tracks: the average residential square metre now costs $3,239, +12.4% in dollar terms over the last twelve months. That makes it the 34th most expensive of the 70 markets in the set. In local currency the same twelve months read +5.1%; the 7.3-point gap is the exchange rate, not the housing market.
What a buyer pays in Mexico City
The $3,239 figure is a local-market average across all residential property types: a flat in a prime district sits well above it, an older unit on the edge of the market well below. Against the Mexico national average of $2,959, Mexico City carries a 9.5% premium — the gap between this market and the country as a whole. Among the other Mexico markets we track, Tulum at $3,200 is level with it.
What it earns
Long-term letting returns about 6.8% gross on the purchase price, 22nd of 69 markets by gross yield. Short-term letting is a different business with different costs, but for reference the short-let yield here works out at about 10.3%, on an average daily rate of $65 and 70% occupancy.
How this figure is built
The price figure for Mexico City comes from the source we judge most reliable for this market. It was last refreshed on 2026-07-23. We rate our confidence in this market’s data medium: the series is usable, but thinner or less current than our best-covered markets. We recompute every market the same way, which is what lets Mexico City be compared with a country average or another city.
Sources: Tudepa · tudepa.com · airbtics.com · ampilapaz.org. Snapshot: 2026-07-23.
Latest Mexico City market analysis
- Mexican Home Prices Rose 7.3% in Q2 While Banxico Held Rates at 6.50% — 2026-08-11
- Mexico Property Taxes and Buying Costs: What a Foreign Owner Actually Pays (2026) — 2026-08-03
- Mexico Property Market 2026: Prices, Yields and the Restricted Zone — 2026-07-03
- Foreign Property Ownership in Mexico: The Restricted Zone, the Fideicomiso and the Buying Process — 2026-07-03
- Mexico's Property Market in 2026: Prices, Yields and Honest Risks — 2026-07-03