Summary
In October 2026, the median two-bedroom apartment for sale in Querétaro asks about USD 174,000 (MXN 3.24 million or EUR 155,000), and the median one-bedroom about USD 164,000 (MXN 3.05 million), according to TuLugar's listing data.
Apartments ask about MXN 30,800 per square meter (USD 1,660). A simple 65 m² two-bedroom with parking asked about MXN 1.97 million (USD 106,000) in April 2026, so the median is pulled up by newer, bigger units.
A median three-bedroom apartment asks about USD 265,000 (MXN 4.93 million). Studios are rare: we estimate MXN 1.5 million to MXN 2.4 million for one.
Apartments usually sell for about 6% to 10% below the asking price, by our estimate. On the median two-bedroom, that's a realistic price of around MXN 2.98 million (USD 160,000).
A new apartment usually costs about 12% to 18% more than a similar resale one, by our estimate. Compare it with the city median per square meter before you pay that premium.
Paying cash helps. Closing costs add about 7% to 9%, or MXN 209,000 to MXN 268,000 on a MXN 2.98 million apartment. Mortgages are quoted at 11.31% on average, and cross-border lenders usually want at least 35% down.
Apartment prices by area range from about MXN 27,600 per square meter in El Refugio to MXN 40,400 in El Campanario and MXN 51,600 in Carretas, with cheaper outer areas around MXN 18,000 to MXN 26,000.
The growth has moved east: in 18 months, asking prices rose 12.0% in El Marqués and 6.6% in Zibatá, but only 2.4% in El Refugio, and fell 1.9% in Juriquilla. The official SHF index was up 5.6% in a year.
Buying off-plan needs care: only 26% of the 555 developments rated by the city's Semáforo Inmobiliario had a clean record in 2026.
Water is the local risk: when Acueducto II stopped in September 2025, 336 neighborhoods went on rotating supply. In a building, the size of the shared cistern matters.
On top of the price, a two-bedroom apartment typically costs about MXN 2,500 a month in condo fees, MXN 2,200 in utilities and MXN 3,500 to MXN 8,000 a year in property tax.
The bottom line: budget around MXN 3.2 million (USD 171,000) all-in for a normal two-bedroom, negotiate hard in the suburbs where new supply is piling up, and check the developer's record and the water before you sign.
What do apartments ask in Querétaro, by size?
What's the median apartment price in Querétaro?
In October 2026, the median apartment for sale in Querétaro city asks about USD 174,000 for a two-bedroom (MXN 3.24 million or EUR 155,000), according to TuLugar's market tables. Two-bedrooms are by far the most common format, with about 1,900 listings.
Apartments ask about USD 1,660 per square meter (MXN 30,800 or EUR 1,470), or about MXN 2,860 (USD 154) per square foot. NOCNOK's page for Querétaro municipality gives almost the same figure, MXN 29,487 per square meter.
Homes actually bought with a mortgage are cheaper. The official SHF average for Querétaro state was MXN 2.38 million (USD 128,000) in the second quarter of 2026, because it counts many small homes in the outer suburbs. And a basic 65 m² two-bedroom with parking asked about MXN 1.97 million (USD 106,000) in April 2026, according to Inmuebles24.
For most buyers, a realistic range for a normal apartment is about MXN 2.2 million to MXN 4.5 million (USD 118,000 to USD 242,000, or EUR 105,000 to EUR 215,000), by our estimate.
Sources and methodology: we used TuLugar's October 2026 apartment medians, NOCNOK's price page (October 21, 2026), the Inmuebles24 benchmark reported by El Economista and IIEG's Q2 2026 report on the SHF index.
TuLugar, NOCNOK and Inmuebles24 are asking prices, not sale prices. The realistic range is our estimate.
How much is a studio apartment in Querétaro?
A studio in Querétaro usually costs about MXN 1.5 million to MXN 2.4 million (USD 80,600 to USD 129,000, or EUR 71,800 to EUR 115,000), by our estimate. There are too few studios for sale for TuLugar to publish a median.
Most are small units of about 40 to 48 m² in newer buildings, so their price per square meter looks high next to bigger apartments. Rent demand from students and young professionals is real, but resale is slower than for a two-bedroom.
Sources and methodology: we checked studio listings on Inmuebles24, Vivanuncios and Propiedades.com.
We gave more weight to apartment-heavy areas like Centro Sur, Zibatá, El Refugio and Juriquilla. The range is our estimate.
How much is a one-bedroom apartment in Querétaro?
In October 2026, the median one-bedroom apartment in Querétaro asks about USD 164,000 (MXN 3.05 million or EUR 146,000), according to TuLugar.
That's high for one bedroom, and there's a reason: only about 200 one-bedrooms are listed, many of them in new towers with amenities, and they ask about USD 2,090 per square meter (MXN 38,900), the highest of any size. Older or simpler one-bedrooms usually go for about MXN 2.0 million to MXN 3.8 million (USD 108,000 to USD 204,000), by our estimate.
You find them mostly in Juriquilla, Zibatá, El Refugio, Milenio III and Centro Sur. Per square meter, a one-bedroom is the most expensive way to buy in Querétaro.
Sources and methodology: we used TuLugar's October 2026 medians by number of bedrooms and compared listings on Inmuebles24 and Propiedades.com.
The median is an asking price. The range for simpler units is our estimate.
How much is a two-bedroom apartment in Querétaro?
In October 2026, the median two-bedroom apartment in Querétaro asks about USD 174,000 (MXN 3.24 million or EUR 155,000), at about USD 1,630 per square meter (MXN 30,400), according to TuLugar.
Most two-bedrooms ask between MXN 2.0 million and MXN 4.5 million (USD 108,000 to USD 242,000), by our estimate. The low end is a 65 m² unit in an older building or on the edge of the city, like the MXN 1.97 million Inmuebles24 benchmark. The high end is a new unit with amenities in Juriquilla, Centro Sur or El Campanario.
It's the format with the most buyers and tenants, so it's also the easiest to rent out and resell.
Sources and methodology: we used TuLugar and the Inmuebles24 benchmark reported by El Economista.
We cross-checked resale and new-build listings in El Refugio, Zibatá, Juriquilla and Centro Sur. The range is our estimate.
How much is a three-bedroom apartment in Querétaro?
In October 2026, the median three-bedroom apartment in Querétaro asks about USD 265,000 (MXN 4.93 million or EUR 236,000), at about USD 1,610 per square meter (MXN 29,900), according to TuLugar.
Most ask between MXN 3.5 million and MXN 7 million (USD 188,000 to USD 376,000), by our estimate. They're bigger, so they're a bit cheaper per square meter than smaller units, but they compete with houses: a median three-bedroom house asks about USD 235,000, less than the median three-bedroom apartment.
Sources and methodology: we used TuLugar's October 2026 medians for apartments and houses and checked listings on Inmuebles24 and Propiedades.com.
The range is our estimate.
How much more do new apartments cost than resale in Querétaro?
A new apartment usually costs about 12% to 18% more than a similar resale one in the same area, by our estimate. No official series compares the two directly.
With the city median at about MXN 30,800 per square meter, that means many older apartments ask under MXN 28,000 (USD 1,510), while new units with amenities often pass MXN 33,000. Before paying the premium, check what you get for it: parking, a working elevator, water storage and the monthly fee.
Sources and methodology: we compared new projects with resale units in the same areas on Inmuebles24 and Vivanuncios, using TuLugar's city median as the anchor.
We excluded ultra-luxury towers because they distort the normal budget. The premium is our estimate.
How much below the asking price do apartments sell in Querétaro?
Usually about 6% to 10% below, with 8% as a practical middle figure, by our estimate. No official source publishes sale prices against listing prices in Mexico.
On the median two-bedroom asking MXN 3.24 million, an 8% discount gives a realistic price of around MXN 2.98 million (USD 160,000 or EUR 143,000).
The room to negotiate is real right now. Prices keep rising on paper, but in the first half of 2026 the amount lent for mortgages in Mexico fell 0.1% in real terms, according to BBVA Research. Fewer buyers can finance the asking price, so a cash buyer has leverage.
What to do: ask how long the unit has been listed, start your offer from the area's price per square meter, not from the seller's number, and ask for parking, a storage room or closing costs to be included.
How much cash do you really need to buy an apartment in Querétaro?
What's the all-in budget for an apartment in Querétaro?
For a normal two-bedroom bought at a realistic MXN 2.98 million, plan on about MXN 3.19 million to MXN 3.25 million all-in (USD 171,000 to USD 175,000, or EUR 153,000 to EUR 155,000) if you pay cash.
That covers the price plus the transfer tax, notary fees, the public registry, certificates and the appraisal. Foreigners don't need a bank trust (fideicomiso) in Querétaro, because it's far from the coast and the border.
If you pay in dollars, timing matters: the peso was below 17 per dollar in early September 2026 and is about 18.6 now, so the same peso price now costs close to 9% fewer dollars than six weeks ago.
Sources and methodology: we used the Municipality of Querétaro transfer-tax procedure, Rivenza's 2026 transfer-tax calculation and Querétaro's registry portal.
We used a 7% to 9% closing-cost range for a cash purchase.
What down payment do you need to buy in Querétaro?
Most foreigners pay cash. If you finance, plan on a 35% to 40% down payment, or about MXN 1.04 million to MXN 1.19 million (USD 56,100 to USD 64,100) on a MXN 2.98 million apartment. Cross-border lenders usually ask for at least 35% down.
Mexican bank loans are expensive and hard to get without local income and credit history. The average fixed-rate quote was 11.31% in August 2026 (Banxico), and loans actually granted averaged 9.99% in June 2026 (ABM), even though the central bank rate is down to 6.50%.
Mexican borrowers with strong local credit can put down 10% to 20%, but don't build your budget on that.
Sources and methodology: we used Banxico mortgage indicators, the ABM figure reported by Mexico News Daily on mortgage rates (October 2026) and Global Property Mortgages.
We used average quoted rates, not promotional "from" rates.
Which Querétaro neighborhoods are cheapest or priciest for apartments?
How much does the price per m² vary by neighborhood in Querétaro?
In October 2026, apartments ask from about MXN 27,600 per square meter in El Refugio to MXN 40,400 in El Campanario and MXN 51,600 in Carretas (USD 1,480 to USD 2,770), according to TuLugar. Outer areas go lower.
The priciest apartment areas are Carretas, El Campanario, Loma Dorada (MXN 38,400), Mercurio (MXN 37,400) and Balcones Coloniales (MXN 35,800). Centro and Milenio III sit near the city median, at MXN 29,400 and MXN 29,600.
The cheapest areas, like San Pedrito Peñuelas, Menchaca, Felipe Carrillo Puerto, Satélite, San Pablo and La Pradera, often ask MXN 18,000 to MXN 26,000 per square meter, by our estimate.
Sources and methodology: we used TuLugar's October 2026 neighborhood apartment medians and listings on Inmuebles24 and Propiedades.com for the cheaper areas.
These are asking prices. The range for cheaper areas is our estimate.
What neighborhoods are best for first-time buyers on a budget in Querétaro?
Felipe Carrillo Puerto, Satélite and La Pradera in El Marqués are good places to start. A normal apartment there usually costs about MXN 1.5 million to MXN 2.5 million (USD 80,600 to USD 134,000), by our estimate.
You still get jobs, schools, transport and daily services without paying Juriquilla or Centro Sur prices. The trade-off: building quality, street noise, parking, condo management and resale can be less predictable, and water supply is less reliable on the edges of the city.
Sources and methodology: we compared Vivanuncios, Propiedades.com and Inmuebles24.
We didn't simply pick the lowest price per m². We also looked at livability, rental demand, transport and resale.
Where are apartment prices still rising in Querétaro?
In El Marqués and Zibatá. Between April 2025 and October 2026, asking prices rose 12.0% in El Marqués and 6.6% in Zibatá, against 5.0% for Querétaro as a whole, according to Propiedades.com. In El Refugio they rose only 2.4%, and in Juriquilla they fell 1.9%.
The official SHF index for the Querétaro metro area was up 5.6% in a year in the first half of 2026, slower than Mexico as a whole (7.9%).
In Zibatá, apartments ask an average of MXN 3.25 million (USD 175,000) at about MXN 26,300 per square meter; in El Refugio, MXN 2.80 million at MXN 24,100; in Juriquilla, MXN 3.33 million at MXN 26,000. Propiedades.com's per-m² figures run lower than TuLugar's, so compare within one source. Where prices are flat, developers and investors reselling units compete for the same buyers, so that's where you negotiate hardest.
Sources and methodology: we used Propiedades.com market pages for Zibatá, El Refugio and Juriquilla (updated October 2026) and the SHF index for the first half of 2026.
Average asking prices also move when the mix of listings changes, so read the trend, not the exact number.
Is it safe to buy an off-plan apartment in Querétaro right now?
It can be, but check the developer first. The city's Semáforo Inmobiliario had rated 555 developments by June 2026, and only 26% had a clean record; 3% were in red.
Off-plan is where most new apartments in Zibatá, El Refugio and El Marqués are sold, and it's also where supply is piling up. That gives you room: developers with unsold units would rather add parking, finishes or closing costs than cut the list price.
What to do: look up the project's Semáforo rating, ask for the building permit and the final water feasibility from the state water commission (CEA), pay through a contract reviewed by the notary, and don't accept a "price goes up next month" deadline at face value.
What do you pay on top of the apartment price in Querétaro?
What are the buyer closing costs for an apartment in Querétaro?
For a MXN 2.98 million apartment bought in cash, closing costs usually come to about MXN 209,000 to MXN 268,000 (USD 11,200 to USD 14,400, or EUR 9,980 to EUR 12,800).
The biggest item is the transfer tax (ISAI). In Querétaro municipality it's progressive, from about 2.8% to about 6.9%: on a MXN 2.5 million home it comes to about 5.63%, or MXN 141,000 (USD 7,580). Then come notary fees (about 0.5% to 1.5%), the public registry, certificates and the appraisal. A mortgage adds bank fees.
Taxes and registry rights aren't negotiable. Notary fees and the appraisal can vary, so get a notary quote before you sign anything.
Sources and methodology: we used the Municipality of Querétaro transfer-tax procedure, Rivenza's 2026 transfer-tax calculation and Compass Abroad's 2026 notary fee guide.
Corregidora and El Marqués have their own rates, so check the municipality.
How much are closing costs as a percentage of the price in Querétaro?
Plan on about 7% to 9% of the price if you pay cash. The transfer tax alone is about 5.6% on a MXN 2.5 million home, and the rate goes up with the price, so expensive apartments land at the top of the range.
The exact figure depends on the cadastral and appraised values, the notary and whether you take a mortgage.
Sources and methodology: we used the Municipio de Querétaro 2026 value tables and Rivenza.
We used a range because costs depend on appraisal and cadastral values.
Should you worry about water when you buy an apartment in Querétaro?
Yes, it's the main local risk to check. Querétaro is one of the most water-stressed states in Mexico, and a large part of the metro area depends on Acueducto II.
When Acueducto II was shut down in September 2025, 336 neighborhoods went on rotating supply: 264 in Querétaro municipality, 54 in Corregidora and 17 in El Marqués. In 2026, the state Congress started rewriting the water law, including how new housing developments get water.
In a building, you share the storage. Ask the administrator how often water was cut last year, how big the cistern is for the number of units, whether the pumps have backup, and whether each apartment has its own meter. For a new building, ask for the final water feasibility from the CEA, not just a provisional contract.
Sources and methodology: we used Publimetro on the 2025 water cuts, ADN40 on the water law and Animal Político.
What does it cost each month to own an apartment in Querétaro?
What are typical HOA fees in Querétaro?
A typical two-bedroom pays about MXN 2,500 a month in condo fees (USD 134), by our estimate. In amenity-heavy complexes like those in Juriquilla, fees run about MXN 25 to MXN 60 per square meter a month, so MXN 2,000 to MXN 4,800 for an 80 m² unit.
The full range goes from about MXN 700 in basic older buildings to MXN 8,000 (USD 430) in premium towers with elevators, pools, gyms and 24-hour security. High fees eat into any rental income, so ask for the last 12 months of fee statements.
Sources and methodology: we used the Cotizador Hipotecario fee calculator and fees shown in listings on Inmuebles24 and Vivanuncios.
The typical fee and the full range are our estimates.
What utilities should you budget monthly in Querétaro?
For a two-bedroom, plan on about MXN 2,200 a month (USD 118) for electricity, water, gas and internet, with a range of about MXN 1,400 to MXN 3,300 (USD 75 to USD 177), by our estimate.
Electricity is the one that surprises people, especially with home office use or air conditioning in summer, because high consumption pushes you out of the subsidized CFE tariff.
Sources and methodology: we used the CEA Querétaro tariff calculator, CFE domestic tariffs and local internet prices.
We used normal two-person use. The figures are estimates.
How much is property tax on an apartment in Querétaro?
A normal apartment usually pays about MXN 3,500 to MXN 8,000 a year in property tax (predial), or USD 188 to USD 430, by our estimate. Small units can pay around MXN 2,000, and premium ones more than MXN 12,000.
Predial is based on the cadastral value, which was updated for 2026, not on the market price. A seller's old receipt can understate what you'll pay, so ask for the 2026 receipt and check there's no unpaid balance.
Sources and methodology: we used the Municipio de Querétaro 2026 value tables and the municipal tax portal.
The exact predial must be checked with the property's account.
What's the yearly building maintenance cost in Querétaro?
Set aside about 0.5% to 1.0% of the apartment's value a year, or MXN 15,000 to MXN 30,000 (USD 806 to USD 1,610) on a MXN 2.98 million apartment, by our estimate.
The condo fee covers the day-to-day, but special assessments for waterproofing, pumps, elevators or the façade can come on top. Ask the administrator whether any are planned and how big the reserve fund is.
Sources and methodology: we used condo fees shown in listings and common reserve rules of thumb.
We treated special assessments separately because first-time buyers often forget them.
How much does home insurance cost in Querétaro?
Home insurance for a normal apartment usually costs about MXN 5,000 a year (USD 269), with a range of about MXN 3,000 to MXN 8,000 (USD 161 to USD 430), by our estimate. It's optional if you pay cash, but lenders require it.
Check whether the building has a master policy before you buy your own, so you only insure the inside of the unit and your contents.
Sources and methodology: we used PROFECO's 2026 home-insurance comparison and online insurer quotes.
Quotes are indicative; insurers price each unit differently.
Our methodology
This article estimates what an apartment costs in Querétaro in 2026: prices by size, by area and for new units, the gap between asking and sale prices, what you pay on top, and what it costs to own.
We start from official data: the Sociedad Hipotecaria Federal (SHF) index for price growth and the average value of homes bought with a mortgage, and Banxico for mortgage rates. We then use TuLugar's October 2026 medians for prices by bedroom count and neighborhood, NOCNOK and Inmuebles24 for city benchmarks, Propiedades.com for area trends, and BBVA Research for mortgage lending. Where no source gives a figure (studios, the asking-to-sale gap, the new-build premium, fees, utilities, insurance), we give our own estimate and say so.
For buying and owning costs, we used the Municipality of Querétaro's transfer-tax procedure and 2026 value tables, a 2026 calculation of the transfer tax and published notary fee ranges. For water and developers, we used state and press reports from 2025 and 2026.
We checked these figures in October 2026. Conversions use about 18.6 pesos per US dollar and 20.9 pesos per euro.
Keep the limits in mind: asking prices are not sale prices, SHF only covers homes bought with a mortgage, and a citywide median says little about a specific building. Querétaro, Corregidora and El Marqués also have different tax rates and water situations.
Key sources used for this analysis include TuLugar, SHF's Q2 2026 housing price index, IIEG, NOCNOK, El Economista (Inmuebles24 data), Inmuebles24, Propiedades.com, Vivanuncios, BBVA Research, Banxico, Mexico News Daily, Municipality of Querétaro, Rivenza, Compass Abroad, Cotizador Hipotecario, Publimetro on the Semáforo Inmobiliario, Publimetro on the 2025 water cuts, ADN40 and PROFECO.
