How much will you pay for an apartment in Mexico City today? (2026)

Last updated on June 19, 2026

As of June 2026, a normal apartment in Mexico City costs about MXN 5.4m to 7.2m, which is roughly USD 310,000 to 410,000 or EUR 270,000 to 360,000, but the real number depends heavily on the neighborhood, building age and apartment size.

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We constantly update this blog post because apartment prices in Mexico City in 2026 move quickly, especially in Roma, Condesa, Juárez, Polanco and the better-value neighborhoods nearby.

For a foreign buyer, the most useful question is not the official national average home price, but how much a real apartment costs in the Mexico City neighborhoods where foreigners actually buy.

This guide focuses only on residential apartments in Mexico City, with simple ranges for purchase prices, closing costs, mortgage assumptions, HOA fees, property tax, utilities and insurance.

And if you’re planning to buy a property in this place, you may want to download our pack covering the real estate market in Mexico City.

Insights

Apartment prices in Mexico City in 2026 are very uneven: the same MXN 6m budget can mean a compact premium unit in Roma or a larger two-bedroom in Narvarte.
The citywide apartment average hides the real foreign-buyer market, because foreigners usually inspect central-west areas where prices often exceed MXN 70,000 per m².
Mexico City studios can look expensive per square meter, but well-located studios in Juárez, Roma Norte, Escandón and Santa María la Ribera can be easier to rent.
Polanco and Condesa are not always the best yield plays in Mexico City in 2026, because high entry prices and HOA fees can reduce net returns.
Narvarte, Escandón, Portales and San Pedro de los Pinos are useful budget alternatives because they keep good access while avoiding the highest Roma-Condesa premiums.
Closing costs in Mexico City are easier than in Mexican beach markets because buyers do not need a fideicomiso, but 6% to 9% still matters.
Mortgage affordability is tight in Mexico City in 2026 because typical mortgage rates are around 11% to 12%, so foreign buyers often need more cash.
For older Mexico City apartment buildings, seismic documentation, maintenance history and HOA reserves can matter as much as the asking price.
A high-rent apartment in a luxury tower can still have a weak net yield if monthly HOA fees are above MXN 8,000 to MXN 12,000.

Who is the author of this content?

THE LATINVESTOR

A team specialized in real estate investing in LATAM countries

We are a team of financial experts, legal professionals, developers, and local real estate specialists dedicated to helping people like you avoid mistakes when investing in real estate in a foreign place, particularly in Mexico City. If you’d like to learn more about us, you can check our presentation page.

How much do apartments really cost in Mexico City in 2026?

What's the average and median apartment price in Mexico City in 2026?

As of June 2026, the realistic average apartment asking price in Mexico City is about MXN 6.5m to 7.2m, or roughly USD 370,000 to 410,000 and EUR 325,000 to 360,000, while the median apartment price is closer to MXN 5.4m to 5.9m, or about USD 310,000 to 340,000 and EUR 270,000 to 295,000.

For price per square meter, the broad apartment market in Mexico City in 2026 usually sits around MXN 58,000 to 70,000 per m², or about USD 3,300 to 4,000 and EUR 2,900 to 3,500 per m², which equals roughly MXN 5,400 to 6,500 per sq ft, or USD 310 to 370 and EUR 270 to 325 per sq ft.

In practical terms, most standard apartments in Mexico City that a foreign buyer will seriously inspect cost between MXN 3.5m and 9m, or about USD 200,000 to 515,000 and EUR 175,000 to 450,000, with the lower end found outside the prime central-west belt.

Sources and methodology: we compared Sociedad Hipotecaria Federal, Mudafy and Propiedades.com. We used portal prices as asking prices, not final sale prices. We then checked our own Mexico City apartment ranges against live inventory and neighborhood-level patterns.

How much is a studio apartment in Mexico City in 2026?

As of June 2026, a normal studio apartment in the investable Mexico City market costs about MXN 2.3m to 3.6m, or roughly USD 130,000 to 205,000 and EUR 115,000 to 180,000.

For a simple Mexico City studio, entry-level to mid-range prices are usually around MXN 1.8m to 3.4m, or USD 105,000 to 195,000 and EUR 90,000 to 170,000, while high-end studios in Roma, Condesa, Juárez, Granada or Polanco edge can reach MXN 3.1m to 5m, or USD 175,000 to 285,000 and EUR 155,000 to 250,000.

Most studio apartments in Mexico City are about 35 to 45 m², so the small size keeps the total ticket lower, even when the price per square meter is high.

Sources and methodology: we used Mudafy, Propiedades.com and Inmuebles24. We applied typical studio sizes to current Mexico City price-per-meter ranges. We also used our own listing checks to separate investor studios from larger apartments.

How much is a one-bedroom apartment in Mexico City in 2026?

As of June 2026, a typical one-bedroom apartment in a good Mexico City neighborhood costs about MXN 3.4m to 5.2m, or roughly USD 195,000 to 300,000 and EUR 170,000 to 260,000.

For one-bedroom apartments in Mexico City, entry-level to mid-range units usually cost MXN 2.4m to 4.7m, or USD 140,000 to 270,000 and EUR 120,000 to 235,000, while premium units in Roma, Condesa, Juárez, Granada or Polanco often cost MXN 4.5m to 7m, or USD 255,000 to 400,000 and EUR 225,000 to 350,000.

The normal size for a one-bedroom apartment in Mexico City is about 50 to 70 m², with newer buildings often charging more for parking, elevator access, security and rooftop amenities.

Sources and methodology: we compared Propiedades.com, Mudafy and Lamudi. We used 50 to 70 m² as the normal one-bedroom size band. We adjusted our ranges for new construction, parking and central-west neighborhood premiums.

How much is a two-bedroom apartment in Mexico City in 2026?

As of June 2026, a typical two-bedroom apartment in the Mexico City areas most foreign buyers inspect costs about MXN 4.8m to 7.8m, or roughly USD 275,000 to 445,000 and EUR 240,000 to 390,000.

Entry-level to mid-range two-bedroom apartments in Mexico City usually cost MXN 3.3m to 7m, or USD 190,000 to 400,000 and EUR 165,000 to 350,000, while high-end two-bedroom apartments in Polanco, Condesa, Roma, Juárez or Granada can cost MXN 6.8m to 11.5m, or USD 390,000 to 655,000 and EUR 340,000 to 575,000.

By the way, you will find much more detailed price ranges for apartments in our property pack covering the property market in Mexico City.

Sources and methodology: we compared SHF, Mudafy and Inmuebles24. We used 75 to 100 m² as the normal two-bedroom size band. We treated individual listings as asking-price checks, not confirmed closing prices.

How much is a three-bedroom apartment in Mexico City in 2026?

As of June 2026, a normal three-bedroom apartment in Mexico City usually costs about MXN 6.5m to 11.5m, or roughly USD 370,000 to 655,000 and EUR 325,000 to 575,000.

Entry-level to mid-range three-bedroom apartments in Mexico City usually cost MXN 4.8m to 9.5m, or USD 275,000 to 540,000 and EUR 240,000 to 475,000, while high-end three-bedroom units in Polanco, Lomas, Condesa, Roma, Granada or Santa Fe can cost MXN 10m to 20m or more, or about USD 570,000 to 1.14m and EUR 500,000 to 1m or more.

The usual size for a three-bedroom apartment in Mexico City is about 105 to 150 m², but older buildings can offer more space while needing more due diligence.

Sources and methodology: we used Propiedades.com, Mudafy and Inmuebles24. We separated large older apartments from newer luxury towers. We also checked our own Mexico City ranges for liquidity and resale risk.

What's the price gap between new and resale apartments in Mexico City in 2026?

As of June 2026, new-build apartments in Mexico City are usually 12% to 25% more expensive per square meter than comparable resale apartments in the same neighborhood.

For new-build apartments in Mexico City, a realistic average is about MXN 70,000 to 90,000 per m², or roughly USD 4,000 to 5,150 and EUR 3,500 to 4,500 per m², with luxury towers going much higher.

For resale apartments in Mexico City, a realistic average is closer to MXN 55,000 to 72,000 per m², or about USD 3,150 to 4,100 and EUR 2,750 to 3,600 per m², although well-kept resale units in Condesa, Roma or Polanco can still price like new stock.

Sources and methodology: we used SHF, Lamudi and Inmuebles24. We compared new-development asking prices with resale medians in similar areas. We also adjusted for building age, permits, parking, amenities and seismic documentation.

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Can I afford to buy in Mexico City in 2026?

What's the typical total budget (all-in) to buy an apartment in Mexico City in 2026?

As of June 2026, the typical all-in budget to buy a standard apartment in Mexico City is about MXN 5.7m to 7.8m, or roughly USD 325,000 to 445,000 and EUR 285,000 to 390,000, once closing costs are included.

This all-in Mexico City apartment budget normally includes the purchase price, ISAI acquisition tax, notary fees, registration, certificates, appraisal, bank costs if financed, legal checks and small post-closing setup costs.

We go deeper and try to understand what costs can be avoided or minimized (and how) in our Mexico City property pack.

Sources and methodology: we used CDMX ISAI, Oficina Virtual del Catastro and Banco de México. We applied a 6% to 9% buyer-cost range to realistic apartment prices. We also used our own transaction checklists for foreign-buyer friction costs.

What down payment is typical to buy in Mexico City in 2026?

As of June 2026, a foreign buyer should usually expect a 30% to 50% down payment for a Mexico City apartment, which means about MXN 1.6m to 3.2m, or roughly USD 90,000 to 180,000 and EUR 80,000 to 160,000 on a MXN 5.4m to 6.4m purchase.

For Mexican residents with strong local income, many banks may start around 10% to 20% down, but foreign buyers often face stricter documentation and lower practical loan-to-value limits.

For better mortgage terms in Mexico City in 2026, a foreign buyer should usually plan for at least 35% down, because higher equity reduces lender risk and lowers affordability pressure.

Sources and methodology: we used Banco de México, BBVA Research and Mexican bank mortgage product checks. We treated posted bank terms as possible terms, not guaranteed approvals. We adjusted the guidance for foreign documentation and income-verification risk.

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Which neighborhoods are cheapest or priciest in Mexico City in 2026?

How much does the price per m² for apartments vary by neighborhood in Mexico City in 2026?

As of June 2026, apartment prices in Mexico City range from about MXN 38,000 to 140,000 per m², or roughly USD 2,170 to 8,000 and EUR 1,900 to 7,000 per m², depending on neighborhood, street, building age and amenities.

In more affordable but still urban neighborhoods such as Doctores, Obrera, San Pedro de los Pinos, Álamos, Portales and Santa María la Ribera, typical apartment prices are about MXN 38,000 to 65,000 per m², or USD 2,170 to 3,700 and EUR 1,900 to 3,250 per m².

In the most expensive Mexico City neighborhoods, including Polanco, Hipódromo Condesa, Roma Norte, Juárez, Granada and prime Lomas-adjacent areas, prices often sit around MXN 75,000 to 140,000 per m², or USD 4,300 to 8,000 and EUR 3,750 to 7,000 per m².

Sources and methodology: we used Mudafy, Propiedades.com and Inmuebles24. We grouped neighborhoods by realistic foreign-buyer use, not only by administrative boundaries. We also checked street-level risk, building quality and liquidity in our own Mexico City analysis.

What neighborhoods are best for first-time buyers on a budget in Mexico City in 2026?

As of June 2026, the best budget-friendly Mexico City neighborhoods for first-time apartment buyers are Portales, San Pedro de los Pinos and Santa María la Ribera, with Álamos, Narvarte Oriente and Escandón also worth checking.

In these budget-friendly Mexico City neighborhoods, realistic apartment prices usually run from about MXN 2.7m to 6.2m, or roughly USD 155,000 to 355,000 and EUR 135,000 to 310,000.

These areas work well because they offer better entry prices, useful public transport, everyday services and access to central Mexico City without the full Roma, Condesa or Polanco premium.

The trade-off is that building quality, noise, parking, street safety and resale liquidity can vary a lot from one block to the next, so due diligence is essential.

Sources and methodology: we compared Mudafy, Propiedades.com and Lamudi. We filtered for neighborhoods with usable transit and resale demand. We excluded very cheap fringe areas that may be too operationally complex for foreign amateurs.

Which neighborhoods have the fastest-rising apartment prices in Mexico City in 2026?

As of June 2026, Juárez, Santa María la Ribera and Escandón look like three of the faster-rising Mexico City apartment neighborhoods, with Granada, Narvarte and Portales also showing strong repricing.

A realistic year-over-year asking-price increase for these fast-appreciating Mexico City neighborhoods is about 8% to 14%, although exact closed-sale data is harder to verify in real time.

The main driver is simple: buyers and renters are spilling out from expensive Roma, Condesa, Polanco and Reforma areas into nearby neighborhoods that still feel central but have lower entry prices.

Sources and methodology: we used SHF, Mudafy and Propiedades.com. We treated neighborhood growth as an estimate because live closed-sale data is limited. We also compared relative-value gaps between neighboring colonias in our own tracking.

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What extra costs will I pay on top of the apartment price in Mexico City in 2026?

What are all the buyer closing costs when you buy an apartment in Mexico City?

For a typical Mexico City apartment purchase in 2026, buyer closing costs are usually about MXN 250,000 to 630,000 on a MXN 4m to 7m purchase, or roughly USD 14,000 to 36,000 and EUR 12,500 to 31,500.

The main buyer closing costs in Mexico City are ISAI acquisition tax, notary fees, Public Registry costs, certificates, appraisal, bank fees if financed and optional legal due diligence.

The largest closing cost is usually the ISAI acquisition tax, because it is calculated from the taxable value of the property and is paid when ownership is transferred.

Some costs can vary, especially notary-related expenses, appraisal costs, bank charges and legal fees, but the tax itself is not something a buyer should expect to negotiate away.

Sources and methodology: we used CDMX ISAI, Oficina Virtual del Catastro and Mudafy ISAI guide. We estimated costs from normal apartment values rather than luxury-only examples. We also checked foreign-buyer due-diligence items in our own transaction model.

On average, how much are buyer closing costs as a percentage of the purchase price for an apartment in Mexico City?

For most apartment buyers in Mexico City in 2026, a sensible central estimate for closing costs is about 7% of the purchase price.

The realistic low-to-high range for standard Mexico City apartment transactions is about 6% to 9%, with financed purchases and more complex legal checks often landing closer to the high end.

We actually cover all these costs and strategies to minimize them in our pack about the real estate market in Mexico City.

Sources and methodology: we used CDMX ISAI, CDMX Catastro and Banco de México. We included tax, notary, registration, appraisal and financing-related costs. We use 7% as a planning midpoint, not a final quote.

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What are the ongoing monthly and yearly costs of an apartment in Mexico City in 2026?

What are typical HOA fees in Mexico City right now?

HOA fees, usually called mantenimiento in Mexico City, are common in apartment buildings, and a normal monthly budget in 2026 is about MXN 2,000 to 4,500, or roughly USD 115 to 255 and EUR 100 to 225.

Basic older buildings in Mexico City can charge only MXN 800 to 2,000 per month, or USD 45 to 115 and EUR 40 to 100, while luxury towers in Polanco, Santa Fe or Granada can charge MXN 8,000 to 18,000 or more, or USD 455 to 1,030 and EUR 400 to 900 or more.

Sources and methodology: we used Inmuebles24, Lamudi and current listing disclosures. We separated simple buildings from amenity-heavy towers. We also checked our own net-yield model because HOA fees can change the investment result.

What utilities should I budget monthly in Mexico City right now?

For a typical apartment in Mexico City in 2026, a normal monthly utility budget is about MXN 1,500 to 3,500, or roughly USD 85 to 200 and EUR 75 to 175, excluding HOA fees.

The realistic monthly utility range can be as low as MXN 1,000, or about USD 55 and EUR 50, for a small efficient apartment, and above MXN 5,000, or about USD 285 and EUR 250, for a larger unit with heavy appliance use.

This Mexico City utility budget usually includes electricity, water, gas, internet and a mobile plan, although some buildings include water or gas inside the HOA fee.

For most apartment owners, internet, gas and electricity are usually the larger everyday utility costs, while water is often lower unless the building has leaks, shared-meter issues or unpaid balances.

Sources and methodology: we used CFE, SEGIAGUA/SACMEX and local telecom price checks. We assumed normal apartment use and limited air-conditioning demand. We then adjusted for building meters, shared systems and apartment size.

How much is property tax on apartments in Mexico City?

A typical annual property tax bill for an apartment in Mexico City in 2026 is often around MXN 4,500 to 12,000, or roughly USD 255 to 685 and EUR 225 to 600, for a middle-market apartment.

Property tax in Mexico City is called predial, and it is calculated from the cadastral value, which can be much lower than the market price a buyer pays.

A realistic annual predial range is about MXN 2,500 to 40,000, or roughly USD 140 to 2,285 and EUR 125 to 2,000, depending on cadastral value, location, building characteristics and payment history.

Sources and methodology: we used Oficina Virtual del Catastro, CDMX tax portals and public predial framework checks. We express predial as a practical range because cadastral values vary. We always recommend checking the exact predial account before signing.

What's the yearly building maintenance cost in Mexico City?

For an apartment owner in Mexico City in 2026, a typical yearly building maintenance cost is about MXN 30,000 to 65,000, or roughly USD 1,700 to 3,700 and EUR 1,500 to 3,250.

The realistic yearly maintenance range is about MXN 12,000 to 250,000 or more, or roughly USD 685 to 14,285 and EUR 600 to 12,500, depending on building age, security, amenities, elevators and special assessments.

Building maintenance costs in Mexico City usually cover common-area cleaning, security, elevators, pumps, lighting, waterproofing, administration, repairs, insurance for common areas and reserve-fund contributions.

In most Mexico City apartment buildings, yearly building maintenance is simply 12 months of HOA fees plus any special assessments approved by the condominium assembly.

Sources and methodology: we used Inmuebles24, Lamudi and live listing HOA disclosures. We annualized monthly maintenance fees by building type. We also added a reserve assumption for elevators, waterproofing, pumps and seismic-related documentation.

How much does home insurance cost in Mexico City?

A typical annual home insurance policy for a Mexico City apartment in 2026 costs about MXN 4,000 to 12,000, or roughly USD 230 to 685 and EUR 200 to 600.

Basic contents and liability coverage may cost about MXN 2,000 to 5,000 per year, or USD 115 to 285 and EUR 100 to 250, while broader coverage with earthquake protection can cost MXN 7,000 to 15,000 or more, or USD 400 to 855 and EUR 350 to 750.

Home insurance is usually optional for a cash buyer in Mexico City, but a mortgage lender may require insurance, and earthquake coverage is worth taking seriously.

Sources and methodology: we used CONDUSEF, insurer quote checks and mortgage-insurance requirements. We separated contents, liability and earthquake coverage. We also considered that a building master policy may not cover the buyer’s interiors or belongings.

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What sources have we used to write this blog article?

Whether it’s in our blog articles or the market analyses included in our property pack about Mexico City, we always rely on the strongest methodology we can, and we don’t throw out numbers at random.

We also aim to be fully transparent, so below we’ve listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.

Source	Why we trust it	How we used it
Sociedad Hipotecaria Federal, Índice SHF 1T 2026	It is Mexico’s official mortgage-backed housing price index.	We used it to anchor 2026 housing appreciation and national appraisal benchmarks. We did not use it as a neighborhood-price database.
Sociedad Hipotecaria Federal indicators	It centralizes official SHF housing indicators.	We used it to cross-check the index framework and official publication context. We treated it as a trend source, not a listing source.
Banco de México, SIE CF303 mortgage rates	Banxico is Mexico’s central bank.	We used it to estimate mortgage affordability and credit pressure. We compared mortgage conclusions with bank-product ranges.
BBVA Research, Situación Inmobiliaria México 2026	It is a major bank research report with formal methodology.	We used it for supply, construction, credit and demand context. We did not use it as a neighborhood listing database.
Mudafy, CDMX price per m² map	It is a large Mexican residential platform with current asking-price data.	We used it for alcaldía-level and neighborhood-level price checks. We adjusted asking prices because they are not final sale prices.
Propiedades.com property values map	It provides updated property-value estimates and area data.	We used it to check neighborhood medians and price-per-meter patterns. We gave medians more weight than distorted luxury averages.
Inmuebles24 Mexico City listings	It is one of Mexico’s largest real-estate portals.	We used it to sanity-check current inventory and entry prices. We did not treat single listings as confirmed transaction prices.
Lamudi market reports	It combines private portal data and broader market commentary.	We used it as a private-sector cross-check for rents, demand and affordability. We gave it less weight than official tax and credit sources.
CDMX Secretaría de Administración y Finanzas, ISAI portal	It is the city’s official acquisition-tax portal.	We used it to estimate buyer acquisition tax and closing costs. We cross-checked practical ranges with notarial and transaction-cost benchmarks.
CDMX Oficina Virtual del Catastro	It is the official city property-tax and cadastre platform.	We used it to frame predial and cadastral-value logic. We kept predial as a range because cadastral values vary widely.
SEGIAGUA/SACMEX water tariffs	It is the official water-tariff source for Mexico City.	We used it for water-cost budgeting. We combined tariffs with normal apartment-consumption assumptions.
CFE domestic electricity tariff page	CFE is the regulated electricity supplier for domestic tariffs.	We used it to estimate electricity bills for normal apartments. We kept a range because usage and appliances change the bill.
CFE tariff agreements 2026	It publishes tariff-related agreements and updates.	We used it to check that 2026 electricity tariffs were current. We used it as a regulatory source, not as a household bill calculator.
CONDUSEF home insurance comparator	CONDUSEF is Mexico’s financial consumer-protection regulator.	We used it to validate home insurance as a regulated product. We then used market quotes for practical annual premium ranges.
Numbeo Mexico City property data	It provides a live user-contributed affordability cross-check.	We used it only as a secondary cross-check for price and rent ratios. We did not rely on it as an official source.
USD/MXN 2026 exchange-rate history	It provides recent peso conversion history.	We used it to keep USD conversions understandable. We rounded conversions because exchange rates move daily.
EUR/MXN 2026 exchange-rate history	It provides recent euro-peso conversion history.	We used it to keep EUR conversions consistent. We rounded conversions so readers can understand the numbers quickly.