Prices · Michoacán
Price per m² in Morelia 2026
Morelia combines colonial heritage with modern residential developments. Price per m² remains affordable, with Altozano and Tres Marías leading the upper segment.
- National price rank
- 16 / 20
- Sale midpoint
- $25,000 /m²
Price per square meter in Morelia (estimate 2025-2026)
- Sale — price per m²
- $16,000to $34,000MXN / m²
- Rent — price per m² per month
- $95to $210MXN / m² / month
- Typical rent — 2-bedroom apartment
- $7,000to $16,000MXN / month
Morelia compared with the rest of the country
Midpoint $25,000/m²· -21% vs. the median of 20 cities
Estimated, indicative ranges. Example: an 80 m² apartment for sale could be priced between $1,280,000 and $2,720,000, depending on the area and features.
By area
Price per m² by neighborhood in Morelia
The gold band shows each area’s range; the shaded band, the average for Morelia.
| Neighborhood / Area | Sale price per m² (estimate) | Note |
|---|---|---|
| Altozano | $24,000 – $38,000 MXN/m² | Premium |
| Tres Marías | $22,000 – $34,000 MXN/m² | — |
| Las Américas | $17,000 – $28,000 MXN/m² | — |
| Centro Histórico | $16,000 – $30,000 MXN/m² | Heritage |
| Félix Ireta | $15,000 – $25,000 MXN/m² | — |
Trend
Price trend in Morelia
est. +4% to +8% per year
Morelia maintains a stable market, anchored by a UNESCO World Heritage historic center. The Altozano area leads in high-end residential housing.
Year-over-year change: est. +4% to +8% per year. This is a qualitative estimate based on public market information; actual appreciation depends on the micro-location, the age of the property and the timing of the transaction.
Comparison with similarly priced cities
- 14San Luis Potosí$17,000 – $36,000 /m²
- 15Aguascalientes$16,000 – $34,000 /m²
- 16Morelia This city$16,000 – $34,000 /m²
- 17Hermosillo$16,000 – $33,000 /m²
- 18Veracruz$15,000 – $34,000 /m²
Methodology and important notice
The figures shown are estimates, expressed as ranges for guidance only. They are not an appraisal, an offer or financial advice. Actual prices per square meter vary with the exact location, age, condition, amenities, floor and market conditions. Approximate figures for 2025-2026, compiled from public market information. Always confirm with a professional appraisal before buying, selling or renting.
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