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 $125,208, lower than the New York average of $481,023.
The average cost of rent is $774/mo in Mexico, primarily driven by the current value of real estate in the Mexico area. While nearly 44.24% of residents own their homes outright in Mexico, 23.62% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mexico is $5,337 per month. Households that rent pay about 14.49% of their income on rent here. Mexico's most expensive areas are in the southern regions, while the cheapest areas are in the western parts of the city.
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Cities with Similar Populations
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