Average industrial rent in Guadalajara closed the first half of 2026 at US$7.51 per square meter per month, with a vacancy rate of 6.0%. The figures come from CBRE's Market View report, published in late July 2026 and covered by Inmobiliare.
Almost nobody outside commercial real estate tracks this number. It is, however, the number that decides whether owning your own warehouse makes sense for your brand.
The half-year numbers
| Indicator | H1 2026 |
|---|---|
| Total inventory | 5.9 million m² |
| Vacancy rate | 6.0% (352,500 m² available) |
| Average rent | US$7.51 / m² / month |
| Gross absorption | more than 255,000 m² |
| Net absorption | around 136,500 m² |
| Under construction | 424,900 m² (concentrated in El Salto) |
Two quick readings before we get into it.
A 6.0% vacancy rate means a tight market, not a suffocated one. There is space available — 352,500 m² — but not necessarily where you want it or in the size you need. New supply under construction is concentrated in El Salto, in the southeastern corridor of the metro area.
Net absorption (136,500 m²) is half of gross absorption (255,000 m²). The gap is companies relocating: leaving one space and taking another. Real market growth is the net figure, and it remains positive.
What US$7.51 a month looks like in practice
Say your brand needs 1,000 m² — small by industrial standards, enough for a few thousand SKUs with medium turnover.
At US$7.51/m²/month, rent alone runs US$7,510 per month. And here is the part that gets lost in the conversation: that is bare rent. On top of it you still need:
- Racking, shelving, and installation
- Forklifts or pallet jacks
- Warehouse staff (and their turnover)
- A system to control inventory
- Cargo insurance — which is not the same as the building's policy, as we cover in warehouse goods insurance
- Utilities, maintenance, and security
- The deposit and the contract's minimum term
Industrial leases are not signed for six months. They are signed for three to five years, in dollars, with annual escalations. That is the real commitment behind the number.
The question this data helps answer
If your inventory takes up less space than a minimum viable lease, you are paying for empty square meters eleven months a year so that November feels comfortable.
That is exactly the calculation we work through in in-house warehouse vs. 3PL: the break-even point is not sales volume, it is the stability of your occupancy. A brand using 400 m² in March and 1,200 m² in November has two bad options when leasing — pay for 1,200 all year, or run short during its best month.
Paying per occupied position turns that fixed cost into a variable one. It is not automatically better — if your occupancy is high and even year-round, owning the lease wins — but it is the difference almost nobody calculates before signing.
Why Guadalajara keeps absorbing space
Positive net absorption in a half-year with low vacancy says something simple: demand for industrial space in the metro area is not cooling off. The structural reasons are the usual ones — the connection to the Port of Manzanillo, airport infrastructure, a central position for distributing to the Bajío and western Mexico — and we cover them in why Guadalajara is a logistics hub.
For a brand selling online, the practical consequence cuts both ways: space here is competitive (which is why pricing holds), but the route out to the rest of the country is among the best in the country.
Frequently asked questions
Is industrial rent in Guadalajara quoted in dollars? Yes, that is standard practice in the Mexican industrial market. It means your storage cost moves with the exchange rate even when your sales are in pesos.
Is 6.0% vacancy high or low? It is a balanced market with a slight edge to the landlord. Below 5%, tenants lose negotiating power; above 10%, they gain it. At 6% there are options, but they are not abundant.
Will space under construction bring prices down? The 424,900 m² under construction are concentrated in El Salto and enter the market in stages. Historically, in a market with positive net absorption, new supply gets absorbed without moving the average price much.
CBRE's numbers describe the market for people renting square meters. If what you actually need is your inventory stored, counted, and shipping on time — without signing five years in dollars — tell us about your operation in Guadalajara and we will tell you how much space you really occupy.