Real Estate in Oaxaca City, Mexico
Last updated on Jan 10, 2025
Summary: Expats and retirees talk about real estate in Oaxaca City, Mexico? How do you find a home in Oaxaca City? Should you buy or rent? What is the cost of housing?
How do I find a place to live in Oaxaca City?
We asked expats how they chose their neighborhood and found a place to live. They answered:
"To find a place to live in Oaxaca City, you can start by researching online on websites such as Airbnb, Vrbo, and Booking.com for short-term rentals. For long-term rentals, you can check out local real estate websites like Vivanuncios, Inmuebles24, and Lamudi. Joining Facebook groups dedicated to housing and rentals in Oaxaca City, such as "Rentas Oaxaca" and "Casas y Departamentos en Renta Oaxaca," can also be helpful in finding available properties. Another option is to visit Oaxaca City and explore the neighborhoods in person. Walk around the areas you are interested in and look for "Se Renta" (For Rent) signs on properties. You can also visit local real estate agencies and speak with agents who can help you find a suitable place based on your preferences and budget. Additionally, networking with locals, expats, and other travelers can be beneficial in finding a place to live. They may have recommendations or know of available properties that are not listed online. Attending local events, visiting cafes, and participating in community gatherings can help you make connections and gather information about housing options in Oaxaca City," remarked one foreigner who made the move to Oaxaca City.
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What is a typical expat home or apartment like in Oaxaca City?
"A typical expat home or apartment in Oaxaca City, is likely to be located in a safe and vibrant neighborhood, often close to the city center or popular tourist areas. These homes are usually well-maintained, with a mix of traditional Mexican architecture and modern amenities. They often feature spacious living areas, fully-equipped kitchens, and comfortable bedrooms. Many expat homes also have outdoor spaces, such as patios or balconies, where residents can enjoy the pleasant Oaxacan weather. Some apartments may be part of a gated community or have access to shared facilities like swimming pools, gyms, or gardens. Additionally, expat homes in Oaxaca City are often furnished and decorated with local art and handicrafts, reflecting the rich cultural heritage of the region," said one expat in Oaxaca City.
What is the average cost of housing in Oaxaca City?
If you are thinking about moving to Oaxaca City, cost of living in probably a key consideration. Expats commented about the cost of housing:
"The average cost of housing in Oaxaca City, can vary depending on the type of accommodation and location. Generally, renting an apartment in the city center can be more expensive, with prices ranging from around $300 to $800 per month for a one-bedroom apartment. In the outskirts of the city, the prices can be lower, with a one-bedroom apartment costing between $200 and $500 per month. If you are looking to buy a property, the average price per square meter in the city center is around $1,500, while outside the city center, it can be around $1,000 per square meter. Keep in mind that these are approximate figures and can change depending on various factors," explained one person living in Oaxaca City, Mexico.
Should I buy or rent a home in Oaxaca City?
If you have not spent a lot of time in Oaxaca City, you should rent before even thinking about buying. We asked expats there about the buy vs. rent decision:
"The decision to buy or rent a home in Oaxaca City, depends on your personal circumstances, financial situation, and long-term plans. If you plan to stay in Oaxaca for an extended period and have the financial means, buying a home can be a good investment, as it allows you to build equity and potentially benefit from the appreciation of property values. Additionally, owning a home gives you more control over your living space and the ability to customize it to your liking. On the other hand, renting a home in Oaxaca City can provide more flexibility, especially if you are unsure about your long-term plans or if your financial situation is not stable enough to support a mortgage. Renting allows you to easily relocate if needed and does not require a significant upfront investment. Moreover, renting a home means you are not responsible for property taxes, maintenance, and repairs, which can be a significant financial burden for homeowners. In conclusion, whether to buy or rent a home in Oaxaca City depends on your individual needs and circumstances. Consider factors such as your financial stability, long-term plans, and desire for flexibility when making your decision," said one expat in Oaxaca City.
About the Author
Joshua Wood, LPC joined Expat Exchange in 2000 and serves as one of its Co-Presidents. He is also one of the Founders of Digital Nomad Exchange. Prior to Expat Exchange, Joshua worked for NBC Cable (MSNBC and CNBC Primetime). Joshua has a BA from Syracuse and a Master's in Clinical and Counseling Psychology from Fairleigh Dickinson University. Mr. Wood is also a licensed counselor and psychotherapist.
Some of Joshua's articles include Pros and Cons of Living in Portugal, 10 Best Places to Live in Ireland and Pros and Cons of Living in Uruguay. Connect with Joshua on LinkedIn.
Other Questions:
- What do I need to know before moving to Oaxaca City?
- What is a typical expat home or apartment like in Oaxaca City?
- What is the average cost of housing in Oaxaca City?
- How do I meet people in Oaxaca City?
- What do I need to know before retiring in Oaxaca City?
- What should I pack when moving to Oaxaca City?
- Where should I setup a bank account in Oaxaca City?
- Will I be able to find a job in Oaxaca City?
- What is life like as an expat in your area?
- What do people like (and dislike) about Oaxaca City?
- What type of social life can someone expect in Oaxaca City?
- What is the social scene like in Oaxaca City?
- What advice to expats in Oaxaca City have about housing?
- What are medical services in Oaxaca City like?
- Are healthcare and health insurance expensive in Oaxaca City?
- Is the cost of living in Oaxaca City high?
- What are the visa & residency requirements in Oaxaca City?
- Why do people move to Oaxaca City?