The Mexican Rental Market
Mexico's rental market is relatively accessible for expats, though practices vary by city and neighborhood. Furnished apartments dominate in expat areas, and informal agreements are common - but this also means fewer formal tenant protections.
- Furnished apartments are standard in expat areas - expect to pay 20–40% more than unfurnished equivalents
- Deposit: typically 1–2 months rent, returned at end of tenancy (in theory - disputes do occur)
- Month-to-month agreements are widely available, though landlords may prefer 6–12 month leases for lower rates
- Lease contracts (contratos de arrendamiento) should be signed in writing - protect yourself with a proper contract
- Aval (guarantor): some landlords require a Mexican guarantor who owns property - a major barrier for new expats
- Workaround for the aval requirement: offer 3–6 months rent upfront, or use a fiador company (aval services exist, fee ~1 month rent)
- Utilities (electricity, water, internet) may or may not be included - always clarify before signing
- CFE (electricity) bills can spike sharply in hot regions if AC usage is high
