La GuĂa Definitiva para Vivir en MĂ©rida, Yucatán – EdiciĂłn 2025
Introduction — Propveo Real Estate
Mérida, the capital of Yucatán, stands out as one of Mexico’s most desirable cities for relocation, investment, and lifestyle. Known as La Ciudad Blanca for its bright limestone facades and cultural richness, Mérida blends colonial heritage with modern infrastructure in a way few cities can. Safe, affordable, and steeped in history, it offers a cosmopolitan lifestyle within reach of pristine beaches, world-class healthcare, and a thriving expat community.
Propveo Real Estate is here to guide you through every step of your Mérida journey—whether you’re purchasing your first colonial home, exploring modern gated communities, or dreaming of a tranquil beachfront retreat. Our team helps newcomers and investors understand the local market, navigate property laws, and find neighborhoods that fit their lifestyle and goals.
MĂ©rida divides naturally into three lifestyle zones:
- Centro Histórico – the walkable, cultural heart
- Mérida Norte – modern, family-oriented suburbs
- Progreso & Costa Yucateca – laid-back coastal living
🟣 Centro Histórico / Historic Center
Centro HistĂłrico / Centro HistĂłrico
Overview
Mérida’s historic heart is a living museum of colonial architecture and Yucatecan culture. It’s beloved by expats, artists, and locals alike for its colorful streets, traditional markets, and close-knit community feel. Prices depend on proximity to landmarks and restoration quality.
- Average home price: MXN 4.8–7.2 million (~USD 275–410 K)
- Condos: MXN 3.5–5 million (~USD 200–285 K)
- Average monthly rent: MXN 18 K–35 K (~USD 1,000–2,000)
Santa LucĂa / Barrio de Santa LucĂa
Santa LucĂa is MĂ©rida’s crown jewel of culture and elegance. Known for its Sunday art markets, open-air restaurants, and colonial homes turned into chic boutiques, it’s the most walkable and charming neighborhood in the city. Residents enjoy proximity to music venues and high-end dining, making it a favorite among retirees and investors seeking Airbnb opportunities.
Average home price: MXN 6,500,000 (~USD 370,000) | Condos: MXN 5,000,000 (~USD 285,000) | Average monthly rent: MXN 32,000 (~USD 1,830)
Santa Ana / Barrio de Santa Ana
Santa Ana blends history and modern creativity. Centered around a tranquil park and colonial church, it’s full of restored mansions and new design homes. The area borders Paseo de Montejo, offering easy access to cafés, museums, and boutiques. Investors love Santa Ana for its steady appreciation and high rental demand.
Average home price: MXN 6,800,000 (~USD 390,000) | Condos: MXN 5,200,000 (~USD 297,000) | Average monthly rent: MXN 30,000 (~USD 1,715)
Santiago / Barrio de Santiago
Santiago has become one of Mérida’s most popular expat hubs. With its leafy park, daily market, and colonial homes, it balances local flavor with international comfort. Many homes have been restored for long-term rentals, and the community is social and welcoming.
Average home price: MXN 6,200,000 (~USD 355,000) | Condos: MXN 4,800,000 (~USD 275,000) | Average monthly rent: MXN 25,000 (~USD 1,430)
San Juan / Barrio de San Juan
A traditional and peaceful area near La Ermita, San Juan offers authentic Yucatecan life. Colorful facades, historic churches, and quiet evenings make it attractive for buyers seeking affordability and charm.
Average home price: MXN 5,200,000 (~USD 297,000) | Condos: MXN 4,200,000 (~USD 240,000) | Average monthly rent: MXN 18,000 (~USD 1,030)
San Sebastián / La Ermita
San Sebastián’s slow pace, cobblestone streets, and colonial plaza make it one of the most picturesque areas in Mérida. Many foreigners choose it for restoration projects, enjoying lower prices while remaining close to Centro’s attractions.
Average home price: MXN 4,900,000 (~USD 280,000) | Condos: MXN 3,800,000 (~USD 217,000) | Average monthly rent: MXN 20,000 (~USD 1,145)
La Mejorada / Barrio de La Mejorada
Located east of the Plaza Grande, La Mejorada is home to cultural centers, museums, and universities. It offers a lively mix of art, education, and local life, appealing to students, teachers, and creatives.
Average home price: MXN 5,600,000 (~USD 320,000) | Condos: MXN 4,200,000 (~USD 240,000) | Average monthly rent: MXN 22,000 (~USD 1,260)
GarcĂa GinerĂ©s / Colonia GarcĂa GinerĂ©s
A leafy, elegant neighborhood west of downtown with large homes and a suburban feel. It’s popular among families seeking quiet without leaving Centro. Close to hospitals and Paseo de Montejo.
Average home price: MXN 6,000,000 (~USD 343,000) | Condos: MXN 4,400,000 (~USD 251,000) | Average monthly rent: MXN 27,000 (~USD 1,540)
Colonia MĂ©xico / MĂ©xico Neighborhood
Between Centro and Norte, this quiet, tree-lined area offers a transition between old and new Mérida. It’s known for mid-century homes, strong resale value, and walkability.
Average home price: MXN 5,200,000 (~USD 297,000) | Condos: MXN 3,900,000 (~USD 223,000) | Average monthly rent: MXN 19,000 (~USD 1,085)
Itzimná / Barrio de Itzimná
An elegant, old-world area once home to Mérida’s elite. Its broad avenues and parks make it one of the city’s most peaceful zones.
Average home price: MXN 6,800,000 (~USD 390,000) | Condos: MXN 5,200,000 (~USD 297,000) | Average monthly rent: MXN 30,000 (~USD 1,715)
Benito Juárez / Centro Benito Juárez
Quiet, family-friendly, and centrally located, Benito Juárez is ideal for long-term living. It offers access to schools, hospitals, and supermarkets within minutes.
Average home price: MXN 5,600,000 (~USD 320,000) | Condos: MXN 4,300,000 (~USD 246,000) | Average monthly rent: MXN 24,000 (~USD 1,370)
San CristĂłbal / Barrio de San CristĂłbal
Bustling and colorful, close to the main market and Plaza Grande. Perfect for buyers seeking immersion in local life.
Average home price: MXN 5,200,000 (~USD 297,000) | Condos: MXN 4,000,000 (~USD 228,000) | Average monthly rent: MXN 18,000 (~USD 1,030)
Plaza Grande / Historic Core
The heart of MĂ©rida. Surrounded by museums, cathedrals, and restaurants, this area offers prestige and proximity.
Average home price: MXN 7,000,000 (~USD 400,000) | Condos: MXN 5,200,000 (~USD 297,000) | Average monthly rent: MXN 35,000 (~USD 2,000)
Paseo de Montejo Adjacent
Grand colonial homes line this avenue inspired by French boulevards. It’s Mérida’s most prestigious address, perfect for luxury buyers.
Average home price: MXN 7,200,000 (~USD 411,000) | Condos: MXN 5,500,000 (~USD 314,000) | Average monthly rent: MXN 35,000 (~USD 2,000)
San Miguel / Barrio de San Miguel
A tranquil residential pocket offering authentic charm and affordable living. Popular with young expats and first-time buyers.
Average home price: MXN 5,000,000 (~USD 286,000) | Condos: MXN 3,800,000 (~USD 217,000) | Average monthly rent: MXN 20,000 (~USD 1,145)
🟢 Mérida Norte / North Mérida
MĂ©rida Norte / Zona Norte de MĂ©rida
Overview
The northern districts of Mérida represent the city’s most modern, family-oriented, and investment-focused region. Known for wide boulevards, upscale malls, international schools, and hospitals, Mérida Norte provides the perfect blend of suburban calm and modern amenities.
- Average home price: MXN 5.5–9.8 million (~USD 315–560 K)
- Condos: MXN 3.2–6 million (~USD 180–340 K)
- Average monthly rent: MXN 17 K–38 K (~USD 970–2,170)**
Altabrisa / Colonia Altabrisa
Altabrisa is Mérida Norte’s commercial and healthcare hub. It’s home to luxury high-rises, shopping centers, and top hospitals like Star Médica. The area offers convenience and urban sophistication while remaining peaceful and safe. Professionals and investors love its stability and high rental yields.
Average home price: MXN 8,000,000 (~USD 460,000) | Condos: MXN 5,600,000 (~USD 320,000) | Average monthly rent: MXN 33,000 (~USD 1,885)
Montebello / Colonia Montebello
A highly desirable residential zone near the City Center Mall. Montebello features modern houses, elegant condos, and well-planned streets. Families appreciate its quiet yet accessible location, while younger professionals enjoy its cafés and offices nearby.
Average home price: MXN 7,000,000 (~USD 400,000) | Condos: MXN 5,000,000 (~USD 285,000) | Average monthly rent: MXN 28,000 (~USD 1,600)
Montecristo / Colonia Montecristo
Montecristo combines exclusivity with convenience. Tree-lined streets and private schools define this upper-class enclave. It’s perfect for those seeking space, security, and long-term value.
Average home price: MXN 7,500,000 (~USD 425,000) | Condos: MXN 5,400,000 (~USD 308,000) | Average monthly rent: MXN 30,000 (~USD 1,715)
San RamĂłn Norte / Colonia San RamĂłn Norte
One of Mérida’s most prestigious areas, known for luxury homes with large gardens and easy access to the Periférico. Great for families and diplomats who value privacy.
Average home price: MXN 9,000,000 (~USD 510,000) | Condos: MXN 6,000,000 (~USD 340,000) | Average monthly rent: MXN 36,000 (~USD 2,050)
Montes de Amé / Colonia Montes de Amé
A fast-growing residential district north of Altabrisa. It’s close to malls, offices, and universities. Modern homes make it popular with young professionals and small families.
Average home price: MXN 6,200,000 (~USD 355,000) | Condos: MXN 4,600,000 (~USD 263,000) | Average monthly rent: MXN 25,000 (~USD 1,430)
TemozĂłn Norte / Zona TemozĂłn Norte
Temozón is a rapidly developing zone blending luxury villas, gated communities, and nature. Its location near universities and new malls makes it one of Mérida’s top investment areas.
Average home price: MXN 6,800,000 (~USD 390,000) | Condos: MXN 5,000,000 (~USD 285,000) | Average monthly rent: MXN 27,000 (~USD 1,540)
Cholul / Pueblo de Cholul
A semi-rural yet urbanizing area offering land for new builds. It’s ideal for those wanting space and value while remaining near Mérida’s north.
Average home price: MXN 5,200,000 (~USD 297,000) | Condos: MXN 4,000,000 (~USD 228,000) | Average monthly rent: MXN 20,000 (~USD 1,145)
Dzityá / Zona Dzityá
Dzityá is a fusion of local artisanship and suburban living. It’s home to stone workshops, large lots, and modern homes with pools. Great for those seeking peaceful suburban life.
Average home price: MXN 4,800,000 (~USD 275,000) | Condos: MXN 3,600,000 (~USD 205,000) | Average monthly rent: MXN 18,000 (~USD 1,030)
Santa Gertrudis CopĂł / Zona Santa Gertrudis CopĂł
Known for high-end developments like Cabo Norte, Santa Gertrudis CopĂł is a hotspot for investors. It offers parks, lakes, and modern condos ideal for young families.
Average home price: MXN 8,500,000 (~USD 485,000) | Condos: MXN 6,000,000 (~USD 340,000) | Average monthly rent: MXN 35,000 (~USD 2,000)
Las Américas / Fraccionamiento Las Américas
A master-planned community offering affordable family living. With parks, schools, and services, it’s a safe choice for locals and newcomers alike.
Average home price: MXN 2,800,000 (~USD 160,000) | Condos: MXN 2,200,000 (~USD 125,000) | Average monthly rent: MXN 13,000 (~USD 745)
Conkal / Municipio de Conkal
Located just outside the city, Conkal offers country-style living close to amenities. Popular with families seeking value and quiet surroundings.
Average home price: MXN 3,800,000 (~USD 217,000) | Condos: MXN 3,200,000 (~USD 182,000) | Average monthly rent: MXN 16,000 (~USD 915)
Yucatán Country Club
The pinnacle of MĂ©rida luxury, featuring a Jack Nicklaus golf course, lakefront homes, and private security. Ideal for those seeking exclusivity and resort living.
Average home price: MXN 12,000,000 (~USD 685,000) | Condos: MXN 8,000,000 (~USD 455,000) | Average monthly rent: MXN 45,000 (~USD 2,570)
Dzidzilché / Zona Dzidzilché
Emerging as a low-density luxury suburb near the coast, Dzidzilché offers modern villas with large lots and access to new developments.
Average home price: MXN 6,000,000 (~USD 343,000) | Condos: MXN 4,500,000 (~USD 260,000) | Average monthly rent: MXN 25,000 (~USD 1,430)
Dzityá Norte / Extensión Dzityá Norte
Expanding rapidly with new gated communities and affordable modern homes. Great for young couples and investors looking for appreciation potential.
Average home price: MXN 5,000,000 (~USD 286,000) | Condos: MXN 3,800,000 (~USD 217,000) | Average monthly rent: MXN 21,000 (~USD 1,200)
🔵 Progreso & Costa Yucateca / Yucatán Coast
Progreso y Costa Yucateca
Overview
The Yucatán Coast offers peaceful beach living with easy access to Mérida. These seaside towns attract retirees, vacationers, and digital nomads with affordable oceanfront homes and steady rental returns.
- Average home price: MXN 5–11 million (~USD 285–630 K)
- Condos: MXN 4–8 million (~USD 230–455 K)
- Average monthly rent: MXN 20 K–50 K (~USD 1,140–2,860)**
Progreso / Puerto Progreso
Progreso is Yucatán’s main port and a lively coastal hub. Its long pier, cafés, and seaside promenade make it ideal for full-time living. The city continues to grow with improved infrastructure and a thriving expat community.
Average home price: MXN 6,200,000 (~USD 355,000) | Condos: MXN 5,200,000 (~USD 297,000) | Average monthly rent: MXN 25,000 (~USD 1,430)
Chicxulub Puerto / Playa Chicxulub
Just east of Progreso, this area offers calm beaches and larger oceanfront lots. A favorite among Canadian and U.S. snowbirds.
Average home price: MXN 7,200,000 (~USD 410,000) | Condos: MXN 6,000,000 (~USD 340,000) | Average monthly rent: MXN 30,000 (~USD 1,715)
Chelem
A laid-back fishing village turned expat haven, Chelem offers rustic charm, beach bungalows, and affordable property options.
Average home price: MXN 4,800,000 (~USD 275,000) | Condos: MXN 3,800,000 (~USD 217,000) | Average monthly rent: MXN 20,000 (~USD 1,145)
Chuburná Puerto
A quiet beach town with excellent water for swimming and kayaking. Perfect for retirees wanting peace and nature.
Average home price: MXN 5,200,000 (~USD 297,000) | Condos: MXN 4,000,000 (~USD 228,000) | Average monthly rent: MXN 22,000 (~USD 1,260)
Telchac Puerto
Telchac offers pristine beaches and an emerging luxury scene. New condo projects are bringing modern amenities to this peaceful area.
Average home price: MXN 7,800,000 (~USD 445,000) | Condos: MXN 6,200,000 (~USD 354,000) | Average monthly rent: MXN 30,000 (~USD 1,715)
San Benito
Located between Chicxulub and Telchac, San Benito is known for upscale beachfront homes and calm waters.
Average home price: MXN 9,000,000 (~USD 510,000) | Condos: MXN 7,000,000 (~USD 400,000) | Average monthly rent: MXN 38,000 (~USD 2,170)
San Bruno
One of the most exclusive beaches, with elegant homes and privacy. It’s a great location for vacation rentals or retirement estates.
Average home price: MXN 10,000,000 (~USD 570,000) | Condos: MXN 7,800,000 (~USD 445,000) | Average monthly rent: MXN 40,000 (~USD 2,285)
UaymitĂşn
UaymitĂşn is renowned for its flamingo-filled lagoons and pristine beaches. The area offers gated beachfront communities and serenity.
Average home price: MXN 9,500,000 (~USD 540,000) | Condos: MXN 7,200,000 (~USD 410,000) | Average monthly rent: MXN 38,000 (~USD 2,170)
Yucalpetén
Home to a modern marina and new resort developments, Yucalpetén offers great investment potential.
Average home price: MXN 8,000,000 (~USD 455,000) | Condos: MXN 6,000,000 (~USD 340,000) | Average monthly rent: MXN 35,000 (~USD 2,000)
đź“Š Summary Comparison Table
| Region | Avg. Home Price (MXN/USD) | Avg. Condo Price (MXN/USD) | Avg. Monthly Rent (MXN/USD) | Lifestyle Overview | Propveo Recommendation |
|---|---|---|---|---|---|
| Centro HistĂłrico | 6,000,000 / ~340 K USD | 4,500,000 / ~260 K USD | 25 K / ~1.4 K USD | Cultural core, walkable, colonial homes | Best for art lovers & history seekers |
| MĂ©rida Norte | 7,000,000 / ~400 K USD | 5,000,000 / ~285 K USD | 28 K / ~1.6 K USD | Modern comfort, gated living, schools | Best for families & investors |
| Costa Yucateca | 7,800,000 / ~445 K USD | 6,000,000 / ~340 K USD | 32 K / ~1.8 K USD | Beachfront relaxation & rental income | Best for retirees & vacation rentals |
đź’¬ Final Thoughts / Reflexiones Finales
Mérida and its surrounding coast offer unmatched quality of life, combining safety, culture, and affordability. Whether you’re drawn to colonial streets, modern suburbs, or tranquil beaches, the Yucatán region welcomes you with warmth and opportunity.
Propveo Real Estate stands ready to help you discover the property that feels like home — from investment to lifestyle, Mérida truly has it all.
Join The Discussion