Introduction
Housing affordability is a significant challenge for families across Latin America, particularly in major cities. According to the Relevamiento Inmobiliario de América Latina (RIAL Di Tella – Inmuebles24) study, which includes data from March 2025, three Mexican cities are among the top five most expensive in the region.
Mexico City Leads the Ranking
Mexico City is positioned as the second most expensive city for housing in Latin America, just below Montevideo, Uruguay’s capital. The average cost per square meter in Mexico City is approximately $2,666 USD.
- Mexico City: Average cost per square meter: $2,666 USD
- Montevideo, Uruguay: (Topmost expensive city) Average cost per square meter: Not specified in the provided text
Other Mexican Cities in the Ranking
Monterrey and Guadalajara occupy the third and fifth positions, respectively, in the ranking of housing prices.
- Monterrey: Third position
- Guadalajara: Fifth position
Buenos Aires, Argentina, is ranked fourth for the highest housing prices.
Impact on Urban Populations
The high cost of housing severely limits the right to adequate and affordable housing for urban populations in Latin America. This issue affects the accessibility and affordability of housing for many families, exacerbating social inequalities.
Key Questions and Answers
- What is the main issue discussed in this article? The high cost of housing and its impact on families in major Latin American cities.
- Which cities are among the top 5 most expensive for housing in Latin America? Mexico City, Montevideo, Monterrey, Guadalajara, and Buenos Aires.
- What are the average costs per square meter in Mexico City? Approximately $2,666 USD.
- How does the high cost of housing affect urban populations? It severely limits their right to adequate and affordable housing, exacerbating social inequalities.
