The 5 Cheapest Homes On The Market In Lake Chapala in 2026 (worth looking at)
- Michaela & Ricardo
- Jan 25
- 3 min read
Real estate prices are creeping up all over the world and Lake Chapala, Mexico is no exception. Although increases here have not been as significant as up in Canada and U.S., we have seen prices rise over the past 8 years to a level that are making some people think twice. Adding to this is the fact that all home purchases are cash, and while mortgages are available, the interest rates are astronomical.
So since we're all looking for a good deal and don't want to invest more out of our limited savings than we need to, I've searched the market and these are my picks for the the 5 cheapest homes (worth looking at) currently on the market as of February 2026.
Lago Luna 2,160,000 pesos (approx. $124,500 USD / $170,400 CAN)
Built in 2020, this 829 sq. ft. apartment features 2 bedroom/2 bath. Located just outside the town of Jocotepec, it offers lake/mountain views and common pool. This is easy living!
Casa Chata $149,000 USD / approx $204,000 CAN)
Enjoy living in a Mexican village in this one level 2 bedroom/1 bath home. Boveda ceilings throughout and a laundry area in the back of the home. Located on a private dead end street in Upper Ajijic. You are within easy walking distance to downtown Ajijic.
Riberas del Chante 2,950,000 pesos (approx. $170,000 USD / $232,900 CAN)
Riberas del Chante Condominium in the municipality of Jocotepec.
Two-bedroom apartment located on the first floor, 897 sq. ft construction, with a convenient layout and small terrace.
The condominium has a 24/7 security guard booth, spacious common areas, 2 swimming pools, jacuzzi, terraces, gardens, volleyball and basketball courts, tennis court, and more.
Departmento Kale Ribera 3,250,000 pesos (approx. $187,300 USD / $256,600 CAN)
Kale Rivera Condominiums — a modern and well-maintained 2-bedroom, 2-bathroom apartment located on the second floor of a secure, five-story building. With 915 square feet of smart design and comfort, this fully equipped unit offers a peaceful yet connected lifestyle right near the Jocotepec Malecon.
Peaceful Retreat $188,500 USD / $258,200 CAN)
This one level home has two bedrooms, two bathrooms, a covered and screened-in patio with access to the back garden. There is also a covered porch in front, and gated driveway.
Are these homes for you? There are lots of options on the market and depending on where you want to live and the size of home you want, there are plenty of great homes available under $200,000 USD! Contact us today and we'll be happy to discuss finding the right home for you!
At Retire In Lake Chapala, we make moving to Lake Chapala easy!
Get all the information you need on moving to Lake Chapala! Whether you are a first time visitor or seriously considering relocating to Lake Chapala, this book is for you!
Buy Now on Amazon Kindle!
Don't have Kindle? Contact us for a PDF version
Email: heckertricardo@gmail.com
Ricardo, Michaela, Katie & Minna are your FULL SERVICE Real Estate Agents and Relocation Specialists.
Along with our network of area Professionals, we help guide you in your Retirement Journey to Lake Chapala, Mexico.
