Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mexico area can be challenging. Home prices in Mexico are now at a median cost of $100,253, lower than the Indiana average of $175,617.
The average cost of rent is $717/mo in Mexico, primarily driven by the current value of real estate in the Mexico area. While nearly 45.10% of residents own their homes outright in Mexico, 10.65% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mexico is $5,106 per month. Households that rent pay about 14.04% of their income on rent here. Mexico's most expensive areas are in the central regions, while the cheapest areas are in the southwestern parts of the city.
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