To rent a house in Mexico, start with inmuebles24 and vivanuncios or a FB group like VENTA Y RENTA DE CASAS, DEPARTAMENTOS Y LOCALES EN MÉXICO.
Determine what type of accommodation you can afford.
Search for accommodation on your own or use an agent.
Reach an agreement with the owner or the agent.
Submit all your documents and get access to your new house.
To rent a house in Mexico, you want to work out an agreement with your agent or the tenant. Apartments or houses can be found online, through an agency, or by checking for “for rent” posters on the street.
You can choose among different types of places to rent:
a bed in a shared room or a dorm;
a room with a shared bathroom or an en-suite bathroom;
a house that is low rise building that can be detached or semidetached, furnished or unfurnished;
a flat in a medium or high apartment building;
a villa is a large detached house with an extensive garden.
What documents do I need to rent in Mexico
The documents you need depend on how you are renting and from whom. If you are subletting a room for a few weeks from the original renter, you may need to give only your first payment in advance. While if you are renting from an agency, you will need more paperwork.
When choosing a place, you want to consider how expensive it is for you, both in terms of money and time, to get all the documents that the agency or the owner asks you.
You want to get the keys, or any other type of access, to the accommodation before you pay anything. You may need one or more among these documents:
- Proof of first payment, if it’s not in cash;
- Proof of payment of a deposit, which can be one month of rent or more;
- Valid identification that can be a driver’s license, a national identification card, or a passport;
- A lease agreement is a formal document that explains your agreement with the landlord;
- A credit check is any documentation showing you have enough income to pay rent.
You may need additional documents when you rent a house in Mexico.
Payment of a leasing legal policy
A legal leasing policy pays the landlord if tenants don’t pay their rent. This policy usually costs between 30% and 50% of your monthly rent payment.
You may be asked to provide references or recommendations. The law in Mexico does not require this, but it is frequently asked.
Also, in some large cities, you need a guarantor, a “fiador,” to sign the contract with you. This might be challenging if you are a foreigner because the guarantor must live in the same city and own a mortgage-free house. If this is the situation, you may ask your employer to act as a guarantee or suggest to the renter that the deposit be increased in return for not having a guarantor.
Can I rent a house in Mexico without a job?
Yes, you may rent a house without a job. Bank statements may be required to prove income. If you don’t have a job, you may need to provide further documentation to rent.
Average rent price in Mexico
The average rent price in Mexico is 3500 Mexican pesos, or MXN per month, for a small apartment of 50 square meters. That is about 70 Mexican pesos or MXN per square meter per month.
To rent a room can be around 2500 Mexican pesos per month.
In the city center, the rent for a one-bedroom apartment is around 5,000 Mexican Pesos or more. And a three-bedroom apartment rent is around 8,000 MXN or more.
Outside of the center, the rent for a one-bedroom apartment is around 2,500 Mexican Pesos or more. And the rent for a three-bedroom apartment is around 6,000 MXN or more.
One hundred Mexican pesos, or MXN, are about 6 US dollars or 5.40 Euros. That is about 42 Chinese Yuan or 490 Indian Rupees.
In Mexico City, the average price for a one-bedroom apartment in the city center is 13,500 MXN. Outside the center (one bedroom), the average cost drops to under 8500 Mexican pesos.
In Ecatepec, the price for a one-bedroom in the city center is around 8,500 MXN. Outside in the city center, it is 3,100 MXN for one bedroom.
Modern villas in Puerto Vallarta start at around 100,000 Mexican pesos monthly.
San Miguel de Allende has two-bedroom flats near the historic center that cost around 15,000 MXN monthly.
Mérinda is on southern Mexico’s Yucatán Peninsula. One or two-bedroom rentals in the Centro Histórico cost around 10,000 MXN monthly.
Oceanfront condominiums may be leased for 8,500 Mexican pesos or less monthly in Progreso and other barrier island villages.
Tijuana has one-bedroom apartments for 4,200 MXN in the center and 2,900 MXN outside the city center.
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