Mexico City has 5 distinct Class A submarkets we track, anchored by Paseo de la Reforma at the trophy tier.
Mexico City has 5 distinct Class A submarkets we track, anchored by Paseo de la Reforma at the trophy tier.
**Paseo de la Reforma** (trophy, ~MX$700/sqm/mo · ≈ $40.6 PSF/yr USD) — Mexico City's trophy spine. **Polanco** (trophy, ~MX$680/sqm/mo · ≈ $39.4 PSF/yr USD) — Embassy and luxury HQ enclave. **Santa Fe** (trophy, ~MX$560/sqm/mo · ≈ $32.5 PSF/yr USD) — Master-planned suburban trophy. **Insurgentes / Condesa-Roma** (prime, ~MX$500/sqm/mo · ≈ $29 PSF/yr USD) — Boutique creative submarket. **Interlomas & Bosques** (prime, ~MX$480/sqm/mo · ≈ $27.8 PSF/yr USD) — Affluent suburban Class A.
| city | Mexico City |
|---|---|
| country | Mexico |
| region | Americas |
| classARentLocal | 580 MXN/sqft/yr |
| classARentUsd | $30/sqft/yr |
| vacancy | 22.6% |
| typicalLeaseYears | 5 |
| typicalRentFreeMonths | 6 |
| submarkets | 5 |
| primeYieldPct | 7.4% |
| trophyCount | 3 |
| primeCount | 2 |
Reviewed by Miriam Hollander — Lead market analyst. Last updated 2026-04-15. See our methodology and editorial standards.