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Housing market · September 2026

Mérida housing market

What it costs to buy and rent in Mérida, Mexico, computed from 52,334 continuously monitored listings.

TuLugar Price Index

$2,306/m²

Price per m² (sale)

2-bedroom apartment

$195,539

Median apartment rent

$894/mes

Monitored listings

52,334

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Price by neighborhood in Mérida

Where Mérida is expensive and where it is not. Every neighborhood with a usable sample, shaded by its median price per m². Tap one for its market.

Explore the full price mapAmpliación Plan de Ayala: $1,981/m²Benito Juárez Norte: $2,635/m²Buenavista: $2,258/m²Col. García Ginerés: $3,034/m²Colonia Dzitya: $1,999/m²Colonia Gonzalo Guerrero: $2,429/m²Colonia México: $2,037/m²Colonia México Oriente: $2,205/m²Colonia Revolución: $2,646/m²Colonia Sodzil Norte: $2,250/m²Colonia Xcumpich: $2,640/m²Dzitya Poligono Chuburna: $2,213/m²Fraccionamiento Altabrisa: $2,812/m²Fraccionamiento Campestre: $2,053/m²Fraccionamiento Las Américas II: $2,054/m²Fraccionamiento Mallorca: $2,044/m²Fraccionamiento Montealban: $3,085/m²Fraccionamiento Montebello: $2,536/m²Fraccionamiento Montecarlo: $1,968/m²Fraccionamiento Montecristo: $2,366/m²Fraccionamiento Montereal: $3,003/m²Fraccionamiento Residencial Cámara de Comercio Norte: $2,626/m²Fraccionamiento Residencial Montecristo: $2,560/m²Fraccionamiento Royal del Parque: $1,503/m²Fraccionamiento San Pedro Cholul: $2,084/m²Fraccionamiento San Ramón: $2,669/m²Fraccionamiento Santa Gertrudis: $3,934/m²Fraccionamiento Tecnológico: $2,764/m²Fraccionamiento Villas La Hacienda: $2,403/m²Fraccionamiento Vista Alegre Norte: $2,471/m²México Norte: $2,887/m²Montes de Amé: $2,583/m²Nucleo Sodzil: $2,345/m²Real Montejo: $2,097/m²San Antonio Cucul: $2,740/m²Santa Gertrudis Copó: $2,632/m²Mérida: apartment price per m²Median sale (USD) by region · September 2026 · tulugar.com$1,503–$3,934/m²Montes de Amé$2,583/m²México Norte$2,887/m²Fraccionamiento Las Américas II$2,054/m²Colonia Dzitya$1,999/m²Col. García Ginerés$3,034/m²
$1,503$3,934

Median $/m² for apartments for sale. Gray = insufficient sample.

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Price history in Mérida

Apartment price per m² and whole-inventory median sale price, in USD. Apartments only, so the series always compares the same kind of property month to month. Where a neighborhood has no apartments for sale the $/m² column is left empty; the median sale price beside it still carries the month. A published month is only recomputed for a stated reason, and that month’s report says so. · Download CSV

Series since August 2026. The first monthly variation is published with the following month's close.

MonthPrice per m²MoMQoQYoYMedian sale
August 2026$2,307———$245,312

Neighborhoods

Apartment prices: median sale, $/m² and rent. “Listings” counts the whole inventory.

#City / NeighborhoodListingsApt. sale$/m²MoMYoYApt. rent
1
Fraccionamiento MontebelloView →
276$223K$2,536
——$894
2
Fraccionamiento AltabrisaView →
254$370K$2,812
——$1,732
3
Santa Gertrudis CopóView →
246$235K$2,632
——$1,006
4
Montes de AméView →
235$196K$2,583
——$978
5
Fraccionamiento MontecristoView →
144$182K$2,366
——$888
6
Fraccionamiento CampestreView →
135$240K$2,053
——$726
7
Real MontejoView →
131$126K$2,097
——$642
8
Fraccionamiento Las Américas IIView →
127$134K$2,054
——$439
9
México NorteView →
122$215K$2,887
——$835
10
Fraccionamiento Las Américas MéridaView →
118————$810

By property type

TypeListingsMedian sale$/m²*
ApartmentsView →
10,59125%$173K$2,206
HousesView →
21,63451%$296K$1,267
LandView →
8,72320%$152K$240
CommercialView →
1,6454%$230K$2,789

*Apartment and house m² is built area; land m² is the plot. A house enters its $/m² only when the source reports built area. This page’s headline uses apartments only.

By bedroom count — Apartments

ApartmentslistingsMedian$/m²
Studio3——
1 bedroom3,758$128K$2,291
2 bedrooms4,332$196K$2,129
3 bedrooms1,361$391K$2,254
4 bedrooms83$670K$2,444
5+ bedrooms50$189K$1,942

By bedroom count — Houses

HouseslistingsMedian$/m²
Studio4——
1 bedroom362$168K$1,451
2 bedrooms4,118$185K$1,311
3 bedrooms9,909$285K$1,220
4 bedrooms4,664$441K$1,328
5+ bedrooms1,455$665K$1,366

By lot size — Land

Price per m² varies dramatically between urban lots and rural plots. We show each category separately so the median represents something concrete.

By lot size — LandlistingsMedian$/m²
Urban lot< 500 m²3,171$91K$279
Residential plot500 – 2,000 m²2,779$197K$240
Suburban estate2,000 – 10,000 m²1,119$531K—
Rural / farm> 1 ha573$2M—

Price distribution

How many listings fall in each price range (USD).

Price distribution — sale

<$50K
1361
$50K-$100K
3427
$100K-$200K
12865
$200K-$500K
17307
$500K-$1M
5095
>$1M
2359

Price distribution — rent

<$300
86
$300-$600
899
$600-$1K
2710
$1K-$2K
3265
$2K-$5K
1806
>$5K
913

Projects

New developments with available units.

Active developers

Companies with active projects here.

AMG Desarrollos· 72Inmobilia

Frequently Asked Questions about Mérida

In Mérida, the median asking price of an apartment for sale is $173K. By type: apartments $173K, houses $296K, land $152K. The neighborhood with the most supply is Fraccionamiento Montebello, where the median apartment costs $223K. The median apartment price per square meter is $2.306/m² — useful for comparing real value across neighborhoods and with other cities in the region.
The neighborhoods with the most real estate activity in Mérida are Fraccionamiento Montebello, Fraccionamiento Altabrisa, Santa Gertrudis Copó, Montes de Amé, Fraccionamiento Montecristo. Fraccionamiento Montebello leads with 276 properties and a median apartment price of $223K. When choosing a neighborhood, think about commute distance, public transit access, nearby amenities (grocery, healthcare, schools), and your budget. A good quality-of-life indicator is rental availability — neighborhoods with more rentals tend to have better infrastructure and services.
It depends on how long you plan to stay. With a median apartment price of $173K and a median apartment rent of $894/mo, the price-to-rent ratio in Mérida favors buying if you're staying 3+ years. There are currently 42593 properties for sale and 9741 for rent — solid supply that gives buyers negotiating leverage. If you're new to the city, renting first lets you explore neighborhoods before committing to a purchase.
The Mérida market has 52334 monitored properties, with a median apartment price of $173K and a median apartment price per m² of $2.306/m². With 42593 properties for sale, the current supply is high — which is good for buyers: more options to choose from and more room to negotiate on price and payment terms. If you're looking for investment value, compare price per m² across neighborhoods to spot the best opportunities.
Yes, with no restrictions whatsoever. Foreigners in Mexico have the exact same rights as citizens to purchase any type of property, including land. You don't need residency or a special visa. The purchase is formalized through a public notary, who verifies the title, drafts the contract, and registers it with the Public Registry. Closing costs are around 3-4% of the property value (notary fees, transfer tax, and registration fees). Many foreign investors also apply for temporary residency, which is relatively easy to obtain in Mexico.

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Methodology

This page analyzes 52,334 listings in Mérida, Mexico.

Metrics are calculated from the active inventory TuLugar monitors across the market — both listings published on TuLugar and active agency supply tracked continuously. They are asking prices, not final transaction or closing prices.

We use medians to reduce the effect of outlier properties; $/m² only includes listings with valid area data. Prices in other currencies are converted to USD using the exchange rate available when the snapshot is refreshed.

Data is recalculated daily and can change when listings are published, updated, or deactivated.

Read the full methodology →

In parentheses: analyzed market listings, not only those published on TuLugar.

Data as of 2026-09-30 · refreshed 2026-09-30 03:00 UTC

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