11 Best Cheapest Apartments in Puerto Vallarta

Author: Marcel Vobejda

Senior Advisor 25 June, 2024

Best Cheapest Apartments in Puerto Vallarta

The cheapest apartments in Puerto Vallarta are in the “Centro” or Downtown area. The most affordable apartments in Puerto Vallarta are in the “Centro” or Downtown area of Puerto Vallarta. Apartments cost roughly $900 with two bedrooms. In addition, the average utility bill is around $150 per month and $30 for water, with a total of $1,080 or 21,655 Mexican Pesos as an estimated monthly expense. Puerto Vallarta is among the best place to stay, especially for the long term. Vacationers and retirees see Puerto Vallarta as a paradise to relax and have a wonderful time, while relieving stress at work and rewarding themselves with the vacation they need. Most apartments have risen by almost 100% in their cost, and the rents do as well. Houses are options for family vacationers, especially when there are kids to take care of. A house rental would cost more than $1,000. Most visitors choose the apartment as a cheaper option than settling in a house. It is more convenient to rent a nearby apartment in a condominium building because it is more accessible to everything, such as restaurants, shopping centers, markets, activity areas, and especially the beautiful beach of Puerto Vallarta. There is quite a demand for apartments as it is the primary option for tourists, beachfront apartments are heavily booked, but town-based apartments are just a walking distance away from all activities. These town-based apartments are cheaper than beachfront apartments. The best thing is that it is still easy to work around the area, and most establishments are a walking distance from the apartment unit. 

Listed below are the cheapest apartments in Puerto Vallarta.

  1.  La Casa Blanca
  2.  Casa Amor
  3.  Icon Vallarta
  4.  Peninsula Vallarta
  5.  Depa Versalles Puerto Vallarta
  6.  El Dorado 404
  7.  Tres Marias Luxury Suites
  8.  Niza Apartments
  9.  Amapas Apartment Puerto Vallarta
  10.  Casa Papaya Frente al mar
  11.  Apartamento económico en Mismaloya, Puerto Vallarta

  

What are apartments like in Puerto Vallarta?

Apartments in Puerto Vallarta have Mexican style added to their architecture. The orange roofs are prominent in the Downtown area, and it is impressive to see how the culture is still not washed by the modern civilization of Mexico. The way of living in Puerto Vallarta versus Mexico is way cheaper than living in the city of Mexico. Puerto Vallarta is one of the most desirable places to retire, as it is affordable yet with high quality of living. The factors are the climate temperature, friendly people, lots of activities and festivities, the excellent healthcare system, and consideration as a safe zone, especially for ex-pats.

Features of apartments in Puerto Vallarta

What are the Types of Apartments in Puerto Vallarta?

The apartments in Puerto Vallarta are studio types, single-bedroom units, 2-bedroom apartments, duplex apartments, multi-home apartments, hotels type apartments, and luxury apartments. These types of apartment properties differ from each other by price, location, and amenities included. First is the studio-type apartment. It has a small suitable for a full-size bed perfect for one person and mostly doesn’t have a kitchen area. It is the setup mostly of solo vacationers in Puerto Vallarta. Second, a single-bedroom unit is an apartment with only one bedroom and a bathroom, including a small kitchen. The third type is a 2-bedroom apartment with two bedrooms perfect for family use. Fourth, duplex units are a house that is attached. These apartments are ideal for families, unlike the two-bedroom unit and the multi-home apartment. Fifth is the multi-home apartment. Some called it a row house apartment, these units are just like the duplex, but the attachment starts from 3 or more houses. Last is the luxury apartments, which have high-end facilities and amenities, their high-end appliances available, and most of these apartment properties are in high-end condos or exclusive residences.

Types of Apartments in Puerto Vallarta

Which is the Best Apartment for Couples in Puerto Vallarta?

.The best apartment for couples in Puerto Vallarta is the Tres Marias Luxury Suites in the Romantic Zone. The Tres Marias Luxury Suites is a 4-star class apartment hotel. The surroundings are perfect for couples to walk around to discover superb restaurants, and it is close to the Malecon boardwalk to witness the romantic sunset. The Luxury suite only accepts adults as guests. It is perfect for newly-wed couples for their honey money or for some couples who want a cozy place near town. The Tres Marias Luxury Suites have complete amenities that a couple would enjoy. There is a rooftop pool with a fantastic view of the city and the mountains. The suite is priced at $171.80 and is rated 4.5 out of 5 by former guests.

Puerto Vallarta Best Apartment for Couples

Which is the Best Apartment with Ocean View in Puerto Vallarta?

The best apartment with an ocean view in Puerto Vallarta is the El Dorado 404 unit. The corner unit has the best view of the rest. The guests express emotion about how their trip was incredible, and the Malecon boardwalk begins in the El Dorado building, another extension of the viewing perspective of the ocean.

Puerto Vallarta Best Apartment with Ocean View

Which is the Best Apartment for a Long-term stay in Puerto Vallarta?

The Casa Amor is the best apartment for a long-term stay in Puerto Vallarta. The Casa Amor apartment is perfect for a family that wants a private area. From the kitchen, satellite TV, laundry, and air conditioning, the Casa Amor is full of amenities, including the pool. There are two bedrooms and a bathroom. Casa Amor is ideal for welcoming family guests near the town with immediate access to the nearby restaurant and market. Casa Amor is a reasonable price at $91.40. It is the cheapest and best apartment for a long-term stay in Puerto Vallarta.

Puerto Vallarta Best Apartment for a Long-term stay

Which is the Best Apartment for a Short-term stay in Puerto Vallarta?

The best apartment for a short-term stay in Puerto Vallarta is the El Dorado 404 unit, the best vacation unit to rent for such a short time. The El Dorado 404 is the best apartment for a short-term stay in Puerto Vallarta. The El Dorado 404 unit has the best view in an apartment on the list. Though it is the most pricey on the list, it has all the best features that vacationers want. With the accessibility, the beach, and the view, it is one of the most booked units, beachfront apartments in Puerto Vallarta. Though it has some variety of prices each season, it would rise more from the regular $ 212-night rate to $299.

Puerto Vallarta Best Apartment for a Short-term stay

How to find Apartments in Puerto Vallarta?

Finding apartments in Puerto Vallarta is not easy, especially when searching door-to-door. It may take almost a week to find the best apartment that would suit someone’s needs. There are ways to find apartments in Puerto Vallarta, like searching through social media groups or looking for someone who knows it best.

Below are the four steps on how to find apartments in Puerto Vallarta.

  1. Consult with a realtor: Realtors are the ones that have the list of available offers. Look for someone connected to a reputable Real Estate Company because they are taking care of their name as the best in the business. Realtors provide the best way to ease the process and help provide the requirement.
  2. As for a quote: Asking a quotation from the landlord would determine the long-term rate, and it would help the renter negotiate a discounted rate for long-term stays. 
  3. Manage the list: After getting the landlord’s quotation, decide which one to choose for the long term. Discuss the collected quotes with the Realtor to help with the decision-making.

Contract: There should be a contract between the lessee and the landlord. It protects both parties if there are scenarios in the future that might breach certain conditions. The lessee is free to discontinue the contract if there are problems with the unit that the landlord is not addressing. In other situations, the landlord is entitled to cancel the contract if the renter or lessee violates the landlord’s policy.

Finding apartments in Puerto Vallarta

What to look for when Renting an Apartment in Puerto Vallarta?

One of the things to look for when renting an apartment in Puerto Vallarta is the location. Renting an apartment in a remote area is a hassle, and it would cost someone if it is too far from the essentials, such as grocery centers, markets, and restaurants. The other thing is that the rent should be less or discounted if it is a long-term stay. Landlords allow these types of contracts because they have security as well. Lastly, make sure that the apartment chosen is in a safe neighborhood.

Before making a deal with the landlord, remember these things when renting an apartment in Puerto Vallarta. Make sure that the property is checked. Look for signs of damage for the landlord to address the fixing, which the renter or lessee should not do. It is possible to be done by someone or an agency to look on behalf of the lessee or personally by looking around the neighborhood. As much as possible, paying using a credit card enables the renter or lessee to document its payment and comes in handy when disputes arise.

Things to consider when renting an apartment in Puerto Vallarta

What is the average price of Rental Apartments in Puerto Vallarta?

Housing that allows foreigners to get properties in Puerto Vallarta increased by almost 100%. The average price of rental apartments in Puerto Vallarta is just a little over $900 or 18,752 MXN Pesos per month. In contrast, the house rental cost is around $1000 or 20,326 MXN Pesos. The price varies from $200 or 3,500 MXN Pesos for a night rate up to $3500 or 80,000 MXN Pesos for an average monthly rent. The average apartment rental varies with amenities, bedroom number, and apartment unit size. A one-bedroom and a two-bedroom would cost around 18,518 to 18,646 MXN Pesos, while three or more bedrooms would cost 20,451 to 22,422 MXN Pesos. Other factors could add to the cost, primarily when the apartment is in a strategic place. There are about 1,077 apartments for sale in Puerto Vallarta, and there are 256 apartments that are for rental as well.

Puerto Vallarta average price of Rental Apartments

Are apartments in Puerto Vallarta Expensive?

Yes, apartments in Puerto Vallarta are expensive. However, it is because Puerto Vallarta is among the most visited places in the world. Some foreigners want to live in Puerto Vallarta, and some are retirees. Real estate in Puerto Vallarta increased by up to 100% and is still rising as the demand for rental and for-sale properties increases. Most renters would consider looking for an apartment as it would cost less than a house for $900 monthly if the rent for a home in Puerto Vallarta is $1,000

Cost of apartments in Puerto Vallarta

Is it safe to Rent Apartments in Puerto Vallarta?

Yes, it is safe to rent apartments in Puerto Vallarta. Puerto Vallarta is one of the safest destinations in most of Mexico’s regions. Crime rates are relatively low in Puerto Vallarta. The Mexican National Guards roam the city to prevent crimes and maintain peace in the Puerto Vallarta community.

Safety of renting apartments in Puerto Vallarta

What is the difference of Apartment and Condo in Puerto Vallarta?

The difference between apartments and condos in Puerto Vallarta is the ownership. An apartment is a residential unit that is rented, and it is primarily a part of a residential building. While a condo or condominium is similar to an apartment as it is part of a building, the difference is that each condo unit is owned and not rented. The condo is only for rent if the owner decides to let someone rent the space. An advantage of condos when comparing apartments vs. condos is the sense of ownership. The condo owner pays the mortgage, while the apartment renter pays the monthly rent. The condo owner is free to let their unit be rented just like an apartment. In comparison, the landlord of the building owns the apartment and has the right to let someone rent one of the apartment units.

Difference between apartment and condo in Puerto Vallarta
Marcel Vobejda

Senior Advisor

Based in Puerto Vallarta, Jalisco, México.

By recognizing and respecting the importance of the value in the trust clients place in him, Marcel Vobejda is one of the most trusted Top-seller-buyer and developer Real Estate Advisors in Puerto Vallarta, counting among his clients numerous distinguished business and community leaders. Residing in Puerto Vallarta, Jalisco since 2003, works with individuals, investors, and developers interested in our destination’s most coveted Coastal Properties—with a particular focus on the Romantic Zone, Amapas, Conchas Chinas, and specializing in Beachfront properties around the Bay of Banderas.

He’s ranked among the Top in Puerto Vallarta and Riviera Nayarit with hundreds of transactions worth of experience since being a full-time Real Estate agent in the area since 2005. In the last decade, involvement in 80% of all transactions in Lower Conchas Chinas and Amapas solidifies his expertise as the go-to professional in the zone.

Recent successes have included the fastest-selling pre-construction development in Record Time and represent the best properties in the area, such as Sayan Beach, Sayan Tropical, Indah, Boracay, and Serena Condominiums on Los Muertos Beach, to name a few.
He is “Real Estate Developers all-inclusive services” beyond the standard Broker sales representation.

A high-touch broker known for his extensive Puerto Vallarta real estate market knowledge and his unmatched devotion to clients, Marcel’s success via positive referrals, long-lasting relationships, decades of networking, and being able to provide his clients with a first position advantage by way of Premier Off-Market property offerings, exclusive only to his portfolio.
He is always striving to earn his client’s respect by working tirelessly on their behalf and always offering them candid advice. Marcel also utilizes the latest technologies and is supported by a full-time sales assistant, Axel Pedraza, who shares Marcel’s attention to detail and passion for trying to reach perfection.

Originally from Vancouver, Canada, but is now a proud “Pata Salada” (Nickname for Locals from Puerto Vallarta, Jalisco). Marcel escaped the rainy days of the Pacific North West and is now deeply connected to Mexico, with his better half being born in Puerto Vallarta; this is where he has solidified his home and started his family. When he isn’t working, Marcel enjoys spending time with his family and friends, cooking, traveling, designing properties, boating, fishing, and anything Coastal Living related.

Current Projects:

I am currently working on a comprehensive guide on property laws in Mexico, focusing on real estate investment requirements and the importance of fideicomiso.

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