Renting in Mexico City as an American: What to know

Mexico City is a fun and affordable place to live and work, which makes it a popular destination for expats and digital nomads. But how does renting in Mexico City work?

On average, you can expect to pay 18,142 MXN (or ~937 USD) for a 1-bedroom apartment in the city center. Outside of popular neighborhoods, you'll find 1-bedroom apartments going for 11,187 MXN, or ~578 USD, on average.¹

Even though the prices are relatively cheap, finding an apartment isn't always easy. Navigating neighborhoods you're not familiar with, understanding real estate terms in a language you don't know well and knowing what is and isn't fair in rent and deposits can all be a challenge.

This guide will walk you through everything you need to know to get started in your apartment search, stress-free.

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Table of contents

Can an American rent property in Mexico City? How much is an apartment in Mexico City? What documents do I need to rent in Mexico City? Renting abroad? Send money the hassle-free way with Wise How do I find an apartment to rent in Mexico City? Things to consider when looking for a place to live How to rent an apartment in Mexico City Tenancy contracts in Mexico City What are the best neighborhoods in Mexico City?

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Can an American rent property in Mexico City?

Yes, Americans and other foreigners can easily rent apartments in Mexico City - even without temporary or permanent residency. Landlords are typically more concerned with your ability to pay rent than your immigration status.

Some landlords might ask about your visa status, but being a tourist usually isn't a deal-breaker. The key is demonstrating financial stability and responsibility.

How much is an apartment in Mexico City?

So, how much is an apartment in Mexico City? As with everywhere in the world, rental costs vary based on location and size.

In the city center, a 1-bedroom apartment averages 18,142 MXN per month, which equals approximately 937 USD. Outside the center, it's about 11,187 MXN or ~578 USD on average.¹

For larger spaces, 3-bedroom apartments average 38,670 MXN in the city center and 23,714 MXN in outer areas. This translates to roughly 2,000 USD and 1,225 USD respectively.¹

Compared to other Mexican cities, Mexico City tends to be more expensive.

City	Monthly rent (1-bedroom apartment in the city center)
Mexico City	18,142 MXN (~937 USD)¹
Guadalajara	12,605 MXN (~651 USD)²
Durango	4,500 MXN (~232 USD)³
Monterrey	17,615 MXN (~910 USD)⁴
Cancun	14,024 MXN (~724 USD)⁵

Mexico City and Monterrey - another major urban hub - are the most expensive cities on this list. Guadalajara and Cancun fall in the middle. Durango is one of the most affordable cities in Mexico, with an average 1-bedroom apartment going for just 4,500 MXN or ~232 USD.

Mexico City is still affordable by global standards. Learn more about the cost of living in Mexico here.

What additional costs will apply?

When you rent an apartment in Mexico City, you'll also have to cover some additional costs. Utilities are typically not included in your rent.

Expense	Average monthly cost¹
Utilities	786 MXN (~41 USD)
Internet	491 MXN (~25 USD)

Make sure to clarify with your landlord if there are any utilities included in the rent or if you'll need to pay all of them directly (which is usually the case). During the summer months, your electricity costs can increase significantly if you use the AC a lot.

What documents do I need to rent in Mexico City?

To rent an apartment in Mexico City, you'll typically need:

• Valid identification (passport for foreigners)
• Fiador (guarantor)
• Proof of income or bank statements (sometimes)

A fiador is basically a co-signer or a guarantor. They agree to cover your rent payments if you default. It's an important part of renting in Mexico City, but getting a fiador - also sometimes called an aval - can be difficult, especially as a foreigner.

The requirements to be a fiador are pretty strict. They need to own property in Mexico, usually specifically in Mexico City, with the mortgage paid off in full.

As you can imagine, there simply aren't that many people who can be your fiador. This is why there are companies in Mexico City that you can hire to co-sign your lease, but this comes at an extra cost.

Alternatively, you might negotiate with your landlord to pay a larger deposit instead of finding a fiador. Some landlords are willing to go down this route, especially with foreigners.

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How do I find an apartment to rent in Mexico City?

When looking for an apartment in Mexico City, consider the neighborhood you want to live in and any must-haves that your apartment should have. It's also a good idea to look for an apartment close to public transport, especially if you need to commute.

Once you have your basic list of requirements for your Mexico City apartment, start searching for the right rental.

• Facebook: Join expat groups like Foreigners in Mexico City or specific flat-hunting groups. These groups often have great listings
• Word of mouth: Ask friends who live in the area about available rentals
• Walking: Walk around your preferred neighborhoods and look for "Se Renta" (For Rent) signs. Surprisingly, this is one of the best ways to find an apartment in Mexico City
• Real estate websites: Websites like Casas Trovit and Vivanuncios have some apartment listings, but they're typically not the best way to find an apartment in Mexico City. Many listings are outdated or incorrect

Once you've found potential flats, get in touch with the landlords to see them. Calling is usually the quickest way to get a response, but you might need help if you don't speak Spanish.

When viewing apartments, be thorough. Ask lots of questions and check for things like:

• The condition of the building (inside and out)
• Who you'll report to for issues (like when your electricity or water goes out)
• What's included in the rent
• Earthquake safety documentation
• Age of the building
• Emergency exit routes
• If there's a maintenance fee

💡 Considering buying instead of renting? Learn more about buying property in Germany in our full guide.

What are the best sites to find a place to live?

Online rental sites aren't always the best for finding housing in Mexico City, but they can help you understand the market a little better. Some useful websites are:

Casas.Trovit: If you’re looking for an apartment in Mexico City, Casas Trovit is your right-hand man. This site shows you listings from multiple sites so you can optimize your search.

Vivanuncios: Another online search site with great functionality, Vivanuncios has a wide range of apartments and rooms for rent.

Foreigners in Mexico City: A Facebook group where other expats often post housing opportunities.

Keep in mind that in Mexico City much of the rental process is done in-person, so online rental sites tend to have higher prices and slower response times. But browsing them can still be helpful to get a general idea.

What are the best sites to find a flatshare or roommate?

Many people in Mexico City tend to rent out a spare room as a source of extra income. Here are some websites you can use to find a roommate:

Dada Room: This site is one of the best places to find a room for rent in Mexico City. They have a lot of listings in some of the city’s nicer neighborhoods and you have a lot of options for search filters.

Roomies-Roommates DF: This is actually a Facebook group, but it’s a good way to get in touch with people who are also looking to share an apartment. Because it’s on Facebook, you get a better sense of who each person is, which makes it more difficult to be scammed.

Airbnb: Airbnb is a popular way to find roommates in Mexico City. You can find monthly leases, and the rooms are almost always furnished. If you’re staying for a relatively short amount of time, this might be a great option for you.

Each site requires persistence and some follow-up, but they typically have good options. Make sure you're on the lookout for scams - some people may try to take advantage of foreigners.

How to avoid scams when renting in Mexico City?

As a foreigner, you're an easy target for scams in Mexico City. Always make sure to:

• Be suspicious of prices that are too low
• Never send money before seeing the property in person
• Be cautious of landlords who pressure you to sign or pay immediately
• Get a written contract (some landlords may propose just a verbal agreement)
• Trust your instincts - if something feels off, it probably is

Learning some Spanish is also helpful. When you can speak the language, people automatically take you more seriously and are less likely to try to scam you.

Things to consider when looking for a place to live

Taking your time to find the right place can save you a lot of headaches in the long run. Keep these points in mind:

• Furnishings: Most apartments come unfurnished, except for high-end or short-term rentals, so budget for buying furniture

• Lease terms: Typical lease terms are for one year, but you may be able to negotiate shorter periods

• Deposits: Expect to pay a deposit equivalent to one month's rent, plus potentially an additional "fiador" deposit if you don't have a local guarantor

• Earthquake safety: Mexico City often gets earthquakes, so ask about the building's earthquake resistance and evacuation procedures

• Water pressure: Some areas of the city have low water pressure. Also, some apartments may not have hot water

• Noise levels: Mexico City can be noisy. If you're working from home, you may want to pay a little more for a quieter neighborhood so you can be on calls

• Roof rights: Some apartments come with shared or private roof access, which can be a great bonus in the city

• Laundry: Many apartments don't have washer/dryer hookups. Check if there's a laundry room in the building or a laundromat nearby

• Documentation: Always get a written lease agreement. Verbal agreements are common but can lead to disputes

• Negotiation: Don't be afraid to negotiate rent, especially for longer lease terms. It helps if you speak some Spanish

Don't feel pressured to decide right away. Take a few days to think about different properties before committing to something, especially if you're doing a longer lease.

💡 Learn more about moving to Mexico in our full guide.

How to rent an apartment in Mexico City

The most effective way to find an apartment is often walking around different neighborhoods and looking for rental signs. This method can be cheaper than relying on websites, which often have marked-up prices for foreigners.

Many landlords don't ask for recent bank statements or proof of income. Instead, they often decide whether or not to rent you an apartment based on their first impression of you.

Be prepared to pay rent in cash because most landlords don't accept direct deposits. It may help to open a bank account in Mexico.

Real estate agents or brokers

Real estate agents or brokers aren't as common in Mexico City as in some countries, but they can be helpful - especially if you're new to the area or don't speak Spanish. But, of course, be prepared to pay a fee for their services.

Tenancy contracts in Mexico City

Always insist on a written lease agreement. Verbal agreements are common, but a written contract protects both you and the landlord. Key points to look for in your lease include:

• Rent amount and due date
• Length of the lease
• Deposit amount and terms for its return
• Responsibilities for repairs and maintenance
• Any additional fees (like building maintenance)

Your rental agreement will be in Spanish. If you don't speak the language, ask a Spanish-speaking friend to check it for you. Make sure your name is spelled correctly!

Tenant laws and rights

Tenant rights in Mexico City are pretty standard, but it's important to have a written contract. You have the right to privacy, a safe and habitable living space and the return of your deposit if you've met all of the lease terms.

In turn, you must pay rent on time and maintain the property in good condition.

What are the best neighborhoods in Mexico City?

Mexico City is home to vibrant and lively neighborhoods, each with a distinct and unique feel. Here are some of the best neighborhoods to live in Mexico City:

• La Condesa: Often called "expat central," known for safety, young crowds and vibrant nightlife
• Roma Norte and Roma Sur: Close to Condesa, with a more tranquil vibe and slightly cheaper rent
• Polanco: For luxury living, home to condos, malls, museums and parks. Popular with wealthier Mexicans but slightly north of the center, so public transportation isn't always as convenient
• Coyoacán: Known for its artistic heritage and more traditional Mexican atmosphere
• Juárez: An up-and-coming area popular with young professionals and artists

It's a good idea to explore different neighborhoods to see which one is a better fit for you. And if you want to move to Mexico permanently, consider taking up dual citizenship.

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Mexico City is a great place for expats, but it's important to be informed if you're going to rent.

Mexico City average rent is quite affordable. You can expect to spend 18,142 MXN (or ~937 USD) per month for a 1-bedroom apartment in the city center. If you're okay with not living in a centrally located apartment, you can find a 1-bedroom for approximately 11,187 MXN, or ~578 USD.¹

Make sure to check the condition of the building and get a written contract instead of a verbal agreement. Learning some Spanish can go a long way, too.

When you're ready to move to Mexico, send high-speed, low-fee transfers with Wise and to pay your rent and other large payments.

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Sources

1. Numbeo - Mexico City
2. Numbeo - Guadalajara
3. Numbeo - Durango
4. Numbeo - Monterrey
5. Numbeo - Cancun

Sources checked 09.24.2024