Rent prices in Tijuana are expected to decrease by about 8% in early 2025, according to Gerardo Chiw Unzón, president of Tijuana’s Professional Real Estate Brokers Association. The decline is attributed to economic and political changes, as well as concerns over safety, which have led some people to move away from the city. This shift is increasing rental availability and competition, ultimately driving prices down.
Despite the expected drop, Tijuana’s real estate market remains strong due to its strategic location near the U.S. border and thriving maquiladora industry. Inventory is currently high, and there is still a strong demand for rental properties from both local and international tenants.
Over the past four years, Tijuana’s rental prices have consistently increased, with a 30% jump in 2024 alone. Many people from the U.S. moved south to find more affordable housing options. Currently, the average rent for a two-bedroom home in Tijuana ranges between $1,000 and $1,300 per month, making it an attractive option compared to California’s soaring housing costs.
