
The cost to rent an apartment in San Miguel de Allende varies depending on the number of rooms in the apartment and where the apartment is located. Between US $300 and $400 a month, you can find a nice place. It depends on which neighborhood you look into.
There are a lot of Americans here in San Miguel who are living on their Social Security and one of the reasons why they came here is because of the much cheaper cost of living. A two-bedroom, two bathroom apartment downtown could cost around $1,500. The price changes as you move out of the center of town. Even if you just move out within 2 kilometers (1.25 miles) away from town it will make a huge difference in the rental price. The same two-bedroom, two-bathroom apartment outside of town would cost less than half the price in town.
During Easter, about 55,000 people come into town so the idea is for you to get a place that is outside of all these traffic areas. That way, you could still have your R and R, and if you want to go downtown, you could still come and enjoy because it’s just nearby.
Right now, we’re moving to another house where we have three bedrooms, two bathrooms, a dining room, living room, backyard, and we’re paying 8,500 pesos (around US $500). It is located about 10 minutes away from town, including traffic. It’s not in a gate guarded community but the place is safe. Generally, San Miguel is the safest place in all of Mexico. There are so many expats here and we are all protected here.
A lot of Americans and Canadians here live outside of town. Older people like it to be quieter and there are lots of place outside of town that are quiet. There are golf courses with properties on them, which are very expensive just like anywhere around the world.
(Vacation apartment rental, San Miguel de Allende, Mexico, pictured.)