Mexico City: The Most Expensive Neighborhoods by Borough, with Prices Up to 100,000 Pesos Per Square Meter
Mexico City, July 18, 2026 – The price of housing in Mexico City continues its upward trend, with a 2.4 percent increase per square meter over the last year. Central and western zones are now the most expensive areas to live in the capital, according to a recent report from Banorte.
Living in boroughs such as Cuauhtémoc or Miguel Hidalgo, where the average price per square meter exceeds 70,000 pesos, is 3.5 times more expensive than in Tláhuac, where the cost is around 19,000 pesos per square meter, based on data up to last June.
The Banorte Housing Price Indicator (INBAPREVI) highlights the “notable disparity” in housing prices, emphasizing how location and demand are crucial factors determining affordability. The national average price for housing is 31,911 pesos per square meter, meaning some areas in Mexico City are two to three times more expensive than the national average.
Top 5 Most Expensive Neighborhoods by Borough in Mexico City
The boroughs of Miguel Hidalgo, Cuauhtémoc, Benito Juárez, Cuajimalpa, and Álvaro Obregón feature neighborhoods where housing costs surpass 64,000 pesos per square meter, with some even exceeding 100,000 pesos.
Álvaro Obregón
- Guadalupe Inn: 66,233 pesos
- Los Alpes: 64,682 pesos
- Merced Gómez: 63,295 pesos
- Pueblo Axotla: 61,931 pesos
- Santa Fe Centro: 60,695 pesos
Azcapotzalco
- Ampliación del Gas: 50,608 pesos
- Arenal: 50,107 pesos
- El Jaguey: 48,891 pesos
- Santo Tomás: 48,395 pesos
- Ampliación Petrolera: 45,850 pesos
Benito Juárez
- Acacias: 72,346 pesos
- Xoco: 71,087 pesos
- Nápoles: 66,598 pesos
- Del Valle Sur: 65,892 pesos
- Santa Cruz Atoyac: 63,816 pesos
Coyoacán
- El Reloj: 62,093 pesos
- Pueblo San Pablo Tepetlapa: 57,718 pesos
- Barrio Santa Catarina: 55,785 pesos
- Espartaco: 54,375 pesos
- Del Carmen: 54,238 pesos
Cuajimalpa
- Pueblo San Mateo Tlaltenango: 72,446 pesos
- Santa Fe: 65,249 pesos
- Cooperativa Palo Alto: 64,501 pesos
- El Yaqui: 58,025 pesos
- Contadero: 57,938 pesos
Cuauhtémoc
- Juárez: 88,885 pesos
- Tabacalera: 88,853 pesos
- Hipódromo Condesa: 85,002 pesos
- Roma Norte: 83,704 pesos
- Hipódromo: 81,978 pesos
Gustavo A. Madero
- Lindavista Norte: 54,986 pesos
- Nueva Vallejo: 48,627 pesos
- Torres Lindavista: 48,319 pesos
- Magdalena de Las Salinas: 47,537 pesos
- Guadalupe Tepeyac: 45,694 pesos
Iztacalco
- Granjas México: 46,081 pesos
- Viaducto Piedad: 44,594 pesos
- Barrio de Santiago Sur: 41,864 pesos
- Militar Marte: 37,949 pesos
- Reforma Iztaccihuatl: 35,922 pesos
Iztapalapa
- El Prado: 40,770 pesos
- La Era: 35,211 pesos
- San Andrés Tetepilco: 33,211 pesos
- Barrio San Miguel: 32,744 pesos
- Paseos de Churubusco: 32,620 pesos
Magdalena Contreras
- El Maestro: 50,938 pesos
- Santa Teresa: 43,287 pesos
- San Jerónimo Lidice: 40,854 pesos
- Héroes de Padierna: 40,767 pesos
- El Toro: 39,001 pesos
Miguel Hidalgo
- Bosque de Chapultepec, 1st section: 100,267 pesos
- Polanco 3rd section: 96,862 pesos
- Polanco 5th section: 94,803 pesos
- Polanco 4th section: 94,387 pesos
- Mariano Escobedo: 90,494 pesos
Tláhuac
- Pueblo San Francisco Tlaltenco: 26,413 pesos
- Miguel Hidalgo: 25,673 pesos
- La Draga: 24,101 pesos
- Barrio Santa Ana Poniente: 23,893 pesos
- Del Mar: 17,194 pesos
Tlalpan
- Ampliación Fuentes del Pedregal: 68,079 pesos
- Lomas del Pedregal Framboyanes: 66,947 pesos
- Lomas del Pedregal: 56,803 pesos
- Jardines En La Montaña: 51,727 pesos
- Rinconada Coapa 2da Sección: 51,475 pesos
Venustiano Carranza
- Jamaica: 47,367 pesos
- Federal: 43,487 pesos
- Janitzio: 42,629 pesos
- Lorenzo Boturini: 41,790 pesos
- Ampliación Aviación Civil: 41,041 pesos
Xochimilco
- Ampliación San Marcos Norte: 33,867 pesos
- Ampliación Tepepan: 31,321 pesos
- Bosque Residencial del Sur: 31,132 pesos
- Pueblo Santiago Tepalcatlalpan: 30,535 pesos
- Barrio 18: 29,821 pesos
Polanco and Bosque de Chapultepec: The Most Exclusive Areas
The five most expensive neighborhoods in Mexico City are all located within the Miguel Hidalgo borough, offering exclusivity and excellent connectivity to public transport like the Metro CDMX.
- Bosque de Chapultepec, 1st section: Near the National Auditorium and Los Pinos Cultural Complex, this area commands prices of 100,267 pesos per square meter, making it the most expensive in the city.
- Polanco, 3rd section: The second priciest, with an average of 96,862 pesos per square meter. It boasts proximity to Lincoln Park and Metro stations such as Auditorio and Polanco.
- Polanco, 5th section: Averaging 94,803 pesos per square meter, it’s closer to Mexico City’s center and neighborhoods in Cuauhtémoc, with nearby Metro stations like Sevilla and Polanco.
- Polanco, 4th section: Situated between the third and fifth sections, prices here reach 94,387 pesos per square meter, notable for its connectivity to Paseo de la Reforma.
- Mariano Escobedo: A smaller, triangular neighborhood north of Polanco, surrounded by prestigious universities, with a cost of 90,494 pesos per square meter.
Where to Find More Affordable Housing
For those seeking more affordable options, Banorte’s indicator points to the eastern and southern parts of the city. Tláhuac, Iztapalapa, and Xochimilco offer the most economical choices.
Boroughs with More Affordable Housing (Average Price per Square Meter)
- Tláhuac: 19,842 pesos
- Iztapalapa: 26,402 pesos
- Xochimilco: 27,971 pesos
- Venustiano Carranza: 36,884 pesos
- Iztacalco: 38,189 pesos
Banorte’s data also indicates a 4 percent increase in the cost per square meter nationally between June 2025 and June 2026, with Mexico City remaining the most expensive entity for living. Furthermore, 76.9 percent of available housing in Mexico City consists of apartments.
Source: https://www.elfinanciero.com.mx/cdmx/2026/07/18/hasta-100-mil-pesos-por-metro-cuadrado-top-5-de-las-colonias-mas-caras-por-alcaldia-en-cdmx/
