Mexico City

As of May 2026, Mexico City, Teotihuacan, Cuernavaca have 18,055 active Airbnb and VRBO listings. This represents a 13% decrease from the previous year.

The average Airbnb or VRBO in Mexico City generates $369K per year. High-performing properties earn $1.0M/year, while low-performing properties earn $110K/year. This massive disparity suggests a market where operator execution creates significant revenue variance, as top-tier listings capture a disproportionate share of the total market value.

Airbnb and VRBO can be profitable in Mexico City. Average annual revenue is $369K with 44% occupancy. High-performing properties earn up to $1.0M/year. With supply contracting by over 13% while revenue climbs, the market demonstrates a tightening environment where limited inventory is driving higher returns for existing operators.

The average occupancy rate for Airbnbs and VRBOs in Mexico City is 44%. This occupancy level, combined with an average nightly rate of $2K, results in a RevPAR (revenue per available room) of $741 per day.

4+ bedroom properties demonstrate the strongest performance in Mexico City, with annual revenue of $1.5M. These properties balance operating costs and rental demand most effectively in the Mexico City market. Property performance varies significantly by location, amenities, and management quality.

Short-term rental regulations vary by jurisdiction in the Mexico City area. Mexico City: Moderate. Registration with tourism ministry required, tax obligations. Enforcement increasing in popular areas like Roma/Condesa with fines, but many operate unregistered. Teotihuacan: Lenient. Basic business permits theoretically needed. Minimal enforcement, mostly informal rentals operate freely. Cuernavaca: Lenient. Municipal business license required. Light enforcement, widespread informal operations tolerated. Always verify current regulations with local authorities and obtain necessary permits before operating a short-term rental.

The Mexico City Airbnb and VRBO market is currently showing balanced with strong demand conditions. Supply has declined 13% year-over-year, while RevPAR has increased 23%. This indicates healthy demand growth outpacing supply. The concurrent rise in revenue and drop in supply signals a favorable shift toward less saturated conditions for current hosts.

Launch around August, 2-3 months before peak winter season (November peaks). This pre-peak timing lets you build reviews when competition is 20% lower than peak months. Avoid launching during peak season when established listings dominate, or slow months (July-May) when gaining traction is harder.

The most common amenities in Mexico City listings include: Kitchen (94%), Tv (92%), Washing Machine (65%), Parking (50%), Elevator (50%). Amenities that boost revenue the most include Washing Machine, Heating, Air Conditioning, with Washing Machine properties earning approximately 42% more ($551K/year vs $388K/year).

Monthly estimated revenue per listing in Mexico City over the last 12 months: May: $15K, June: $15K, July: $17K, August: $18K, September: $18K, October: $28K, November: $29K, December: $29K, January: $22K, February: $25K, March: $26K, April: $26K. These figures are based on RevPAR (revenue per available room) multiplied by the number of days in each month.

The overall average nightly rate in Mexico City is $2K, up 35% year-over-year. By property size: 1-bedroom properties average $1K/night, 2-bedroom properties average $2K/night, 3-bedroom properties average $3K/night, 4+ bedroom properties average $9K/night. Rates peak in October and are lowest in June.

Guests in Mexico City book an average of 26 days in advance, down 12% from last year. By property size: 1-bedroom: 22 days, 2-bedroom: 28 days, 3-bedroom: 33 days, 4+ bedroom: 42 days. Larger properties tend to have longer booking windows as guests plan group trips further ahead.

Over the past year, the Mexico City Airbnb and VRBO market has seen the following changes: supply declined 13%, revenue per listing increased 23%, occupancy rose 2%, average nightly rates increased 35%, and lead time decreased 12%. These metrics reflect a market pivot toward premium pricing strategies as inventory scarcity forces travelers to book more decisively.

In Mexico City, Saturday sees the highest booking demand while Monday has the lowest. Nightly rates peak on Friday and are lowest on Tuesday. Weekends show 25% higher occupancy than weekdays.