In the Alcaldia of Miguel Hidalgo in Mexico City, the rents for houses and apartments are the most expensive, while in Tlalpan and Tláhuac they are the most affordable.
Mexico City (CDMX) ranks as the second most populated entity in the country, just behind the State of Mexico, with a figure of 9 million 221 thousand 637 inhabitants, according to information presented by Statista in 2023.
For its part, the 2020 Population and Housing Census of the National Institute of Geography and Statistics (INEGI) indicates that from 2010 to 2020, the CDMX experienced an absolute increase of 358 thousand 864 inhabitants, which directly affected the demand for housing.
This growth in the search for housing has caused a transformation and adjustment in the prices of rent and sale of properties, which can be challenging to monitor in an environment as dynamic as the one presented by the capital of the country.
So the Houm team conducted an analysis of information on the current real estate offer to rent an apartment or a house in Mexico City, so they refer that when considering where to establish a home in the Mexican capital, it is crucial to take into account the different boroughs that make it up.
Some of the most requested boroughs for their location, security and quality of life are Cuauhtémoc and Benito Juárez. These areas offer a wide range of housing options, from elegant apartments in modern buildings to spacious and cozy houses. While the least requested are Venustiano Carranza and Cuajimalpa.
As for the type of housing most sought after, the apartments are at the top of the list. This is partly due to the population density of the CMDX and the convenience they offer in terms of location and maintenance.
The apartments in residential buildings usually have amenities such as 24-hour security, parking, gyms and green areas, which make them very attractive for a wide range of tenants. While those who value space and privacy continue to demand houses, especially in the more traditional areas.
The rental prices in Mexico City can vary considerably depending on the location, size and conditions of the property. In general, you can expect to pay more for a property in the most quoted boroughs, with monthly rents that can range from 20,000 to 40,000 pesos for a one or two bedroom apartment in demarcations such as Álvaro Obregón or Miguel Hidalgo.
On the other hand, in areas such as Iztapalapa and Gustavo A. Madero, the prices tend to be a little more accessible, with rents ranging from 9,000 to around 11,000 pesos per month for similar properties.
Source: Real Estate Market
