Cost of Rented House In Mexico

Are you considering relocating to Mexico? There are a variety of considerations for going ahead with it. It’s the 11th most-populated nation in the world, with a diaspora of food, cultures, and ecosystems. In 2004, the nation universalized its healthcare system, improving the standard of life for most of its inhabitants.

Housing would be high on your list of goals if you intend to move to Mexico. Many of your questions will be answered by this full housing guide and make this normally painstaking process much simpler.

This guide will tell you about the different types of houses across the world, how to get short-term rentals, and the costs, processes, and locations of houses and apartments for rent, whether you want to live near Mexico’s beaches or in one of its colonial cities. We will also clarify everything you need to know about purchasing a property in Mexico if you are looking to buy a home, from the legal principles you need to be aware of to the end of your purchase.

It’s important to consider the cost of living, whether you are retiring, temporarily relocating, or moving to Mexico for good. When you’re there, here’s what you’ll need to do about money and expenses.

In contrast to other nations, how costly is Mexico?


Mexico is cheap, but there are still wildly inconsistent banks and money exchange services.

Mexico stands out from many other developed countries. The country has beautiful beaches, exotic resorts, and land covered with white sands. But it also has world-class delicious street food and is famous as T-foods. You will find many food items starting with T (Tacos, Tejuino).

So, it’s a perfect destination for not only vacations but also for living. In case you are moving to Mexico, the first thing you will need is a house to stay in. There are so many good cities in Mexico where you can rent a house and live peacefully. You will easily find a rented house anywhere in Mexico and the price varies from one city to another. 

According to Transferwise, the average cost of a one-bed apartment in Mexico City is around is $463. On checking the price of the second biggest city of Mexico ‘Ecatepec’ it’s much lower. The average cost of a one-bed apartment is around $160 a month. The living cost in Ecatepec is 70% less than the living cost in the capital. Coming to the ‘Gateway to Mexico’, Tijuana, a one-bed apartment in the city center will cost you around $250. Accommodation outside the city center, you can find it in a much less price which is only $170.

Renting a house or condo


You are probably wondering how to rent houses and apartments in Mexico with your moving date on the horizon. In this case, general advice to everyone: a smart option is to initially go for a short-term rental arrangement if your new area is not what you planned or simply does not conform to your needs. Depending on the duration of your stay, there are various forms of rental contracts. Keep in mind that the longer the arrangement, the better deal you’re going to get.

Short-term agreements: favored by ex-pats who have just arrived and want to quietly house-hunt.
Contracts for six months: Usually preferred by snowbird ex-pats.
Long-term contracts: chosen by those who choose to settle, usually with a minimum period of at least one year or more.

How expensive is Mexico for housing and accommodation?


Accommodation in Mexico, whether you want to live with flatmates or by yourself, is affordable. The closer you are to the center of town or the beach, the more expensive it gets. Mexico’s rent would usually be cheaper than your home country if you come from abroad. A monthly rent calculation that you’d find in three of the most populated cities in Mexico can be found in the table below:

Renting in Mexico CityAverage monthly cost
large apartmentMex$21,000
medium apartmentMex$12,800
small apartmentMex$10,000
student dorm roomMex$8,500
internetMex$375
Renting in GuadalajaraAverage monthly cost
large apartmentMex$12,100
medium apartmentMex$7,630
small apartmentMex$6,000
student dorm roomMex$4,150
internetMex$365
Renting in CancunAverage monthly cost
large apartmentMex$13,800
medium apartmentMex$9,820
small apartmentMex$8,620
student dorm roomMex$4,160
internetMex$420

Check the list below to get an idea about the cost of living in Mexico:

  • Monthly Rent for 900 sqft fully furnished house in an expensive area: Mex$ 24,710.
  • Monthly Rent for 900 sqft fully furnished house in a normal area: Mex$ 12,990.
  • Basic utilities 1 month (heating, electricity, gas ) for 2 people in 900 sqft flat: Mex$ 1,168.
  • Monthly rent for 480 sqft fully furnished studio in an expensive area: Mex$ 15,264.
  • Monthly rent for 480 sqft fully furnished studio in a normal area: Mex$ 7,950.
  • Basic utilities 1 month (heating, electricity, gas ) for 2 people in 480 sqft flat: Mex$ 725.
  • Internet 8 Mbps cost for 1 month: Mex$ 377.
  • Hourly rate for cleaning help/housekeeping: Mex$ 72.

Mexico’s Average Rent

The good news is that accommodation is typically much cheaper than in many countries, such as the US, UK, and Canada if you’re curious how much rent there is in Mexico. This is also true of the most costly metropolis in the world, Mexico City. In Mexico, rental rates vary according to various factors, such as the neighborhood, proximity to the center of the city, subways, and green areas. The rent price would also influence whether the property is in a city, the countryside, or in a beach town. Los Cabos, Monterrey, Guadalajara, Cancun, and Cuernavaca are some of the most expensive cities. These are either attractions for visitors or major economic hubs. Tlaxcala, Zakat, and some of the cheapest places to live.

Renting as a foreigner in Mexico

And if you are looking to buy property in Mexico, renting first is more advisable. This is because it may take some time for you to find your preferred place to live. The buying method is very straightforward. Although a deposit is only requested by certain landlords or agencies, others require a credit check or some referencing. In Mexico, if they request someone to co-sign your contract, known as a fiador, it is also popular. Since that person needs to live and own property in Mexico, this can be a bit tricky. Paying a higher deposit or asking the boss if they will represent you is another option.

There are numerous channels that will help you find your ideal apartment or home. Platforms like Airbnb or Booking.com are an easy way to find decent, reliable accommodation for short-term stays when you are searching for a permanent spot. However, with classified ads for longer rentals, there are other websites such as Vivanuncios, InMuebles24, MetrosCubicos, and Homie that will give you a better understanding of rates and neighborhoods.
Real estate companies are another way of renting a house. In any city in Mexico, you can find them and they’ll be happy to help you. 

There are numerous channels that will help you find your ideal apartment or home. Platforms like Airbnb or Booking.com are an easy way to find decent, reliable accommodation for short-term stays when you are searching for a permanent spot. However, with classified ads for longer rentals, there are other websites such as Vivanuncios, InMuebles24, MetrosCubicos, and Homie that will give you a better understanding of rates and neighborhoods.
Real estate companies are another way of renting a house. In any city in Mexico, you can find them and they’ll be happy to help you.

Know that fees and commissions from the agent are normally charged in full by the landlords, so you don’t have to think about that extra cost.

Finally, you can stroll or drive around your favorite neighborhood while you are already on site. You can find several “For rental” (Se rent) signs for contacting agencies or even the landlords themselves with a phone number or other form of information.

The various styles of houses in Mexico are:


Houses are usually family homes in Spanish Casas, surrounded by a piece of land. They are situated either next to a public road or within a fraccionamiento in residential areas (a gated community).

Apartments or condos: called condos or departamentos. In Mexico, these are very common dwellings. They may be either an apartment block or horizontal condos, which are semi-detached dwellings. Inside a gated community, it is often popular to find building blocks.

Rental Arrangement, Procedure & Regulations


It is very important that you are aware of Mexican laws on the subject in order to prevent any issues in the future about your rental property. You will need to be mindful of reading your rental contract correctly and understanding it. In addition, you can check whether they are registered at the Asociación Mexicana de Profesionales Inmobiliarios if you rent from a real estate agent (Mexican Association of Real Estate Professionals).

You need to sign a lease or a rental agreement when both you and the landlord have agreed on a bid. This document does not need to be notarized, but in order to prevent violations of the rules, make sure it is checked by a lawyer. This service is typically included if you rent from an agent.

Mexican rules preserve the interests of tenants, but these differ from state to state. Therefore, when you sign your contract, it is crucial that you understand those differences. To help you understand the rights and responsibilities of both landlords and tenants, here are some key points.

Some best sites to find a place to live?

You can very easily find a rented place in Mexico as it is very common there. You can check for to let boards or can take help from any of your colleagues. But the easiest and fastest way to find a place to live in Mexico is to check the advertisement online. You can just pick the locality in which you are finding a place to live. There are some genuine websites that will help you to find a house or an apartment very easily. 

  • Point 2 Homes covers the whole country and is one of the most trusted websites. It is widely used by ex-pats and has some 1,500 properties to choose from.
  • Century 21 covers the whole of Mexico and has all property types.

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