What is the average cost of housing in Monterrey?

If you are thinking about moving to Monterrey, cost of living in probably a key consideration. Expats commented about the cost of housing...

"Lower. However, some parts of Monterrey are seriously expensive. If we consider the 'nicer' (safe, clean, reasonably located) neighbourhoods, average prices range from MXN $7,000-MXN $16,000 per month rental on a 2 bedroom apartment and MXN $10,000-MXN $27,000 per month on a 3-bed house. Purchase prices for these same areas range from MXN $950,000-MXN $2,200,000 for a 2-bed apartment and MXN $2,000,000-MXN$5,000,000 for a 3-bed house. The above prices are averages for these areas. There are plenty properties available above and below these prices in decent areas of the city," said another expat in Monterrey, Mexico.

"The cost of housing in Monterrey can vary greatly depending on what type of property you're looking for and where in the city you're looking. On average, renting an apartment in the city center can cost around $430 to $650 per month while house prices can range anywhere from $80,000 to well over $400,000. Depending on the neighborhood and the type of property, the prices can vary dramatically," wrote a member who made the move to Monterrey, Mexico.

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