How much is rent in Puerto Vallarta?

Rent in Puerto Vallarta depends on a few key factors: location, time of year, and whether you’re looking for a short- or long-term rental. Prices can rise significantly during high season (November through April), especially in popular areas like the Romantic Zone or Conchas Chinas. A one-bedroom, long-term apartment in a central neighborhood might cost between MX$15,000 and MX$30,000 per month (approximately $750 to $1,500 USD or $1,050 to $2,100 CAD). Additionally, you can expect to pay about 20-30% more for a two-bedroom apartment.

Outside the city center, prices for similar one-bedroom units tend to be more affordable, now typically ranging from MX$8,000 to MX$16,000 (around $400 to $800 USD or $560 to $1,120 CAD). Most long-term listings are studios or one-bedrooms, and larger units tend to get snapped up quickly.

Luxury properties with ocean views or upscale amenities often exceed MX$45,000 (more than $2,250 USD or $3,150 CAD). High-end villas and penthouses can even go for MX$60,000 to MX$100,000 or more (roughly $3,000 to $5,000+ USD, or $4,200 to $7,000+ CAD).

Short-term rentals—especially those listed on Airbnb—are priced higher than long-term leases, and landlords are generally more open to negotiation between May and October when demand slows. Renting during this low season or in less touristy areas can offer better value.