Updated:: 07/23/24

Delicious and affordable restaurants in Mexico City

Finding a great place to eat in Mexico City doesn’t have to mean breaking the bank. This vibrant, food-loving capital is packed with hidden gems and local favorites that serve delicious dishes at surprisingly affordable prices. From cozy neighborhood spots to modern, casual restaurants with serious flavor, CDMX proves that quality and creativity aren’t limited to fine dining. In this guide to the best delicious and affordable restaurants in Mexico City, we highlight places where the food is memorable, the ambiance inviting, and the price point friendly. Whether you’re a local or just passing through, your next favorite meal might be right around the corner.

Delicious and affordable restaurants Mexico City
Rated 5 out of 5

Fisher’s Centro Histórico is a long-standing favorite in Mexico City when it comes to seafood that’s both flavorful and affordable. Located at República de Uruguay 24, in the heart of the Centro Histórico, this restaurant offers a laid-back, welcoming vibe that’s perfect for lunch with friends, casual family meals, or a spontaneous seafood craving. With a price range of $300–$600 MXN per person, it delivers quality and generous portions without stretching your budget.

Since 1989, Fisher’s has specialized in fresh seafood prepared with bold, Mexican flavors. The menu includes everything from antojitos and soups to cold seafood bars, oven-baked dishes, pastas, and grilled options. Highlights include octopus, shrimp, lobster, and fresh fish, always cooked with coastal techniques that reflect the restaurant’s dedication to flavor and freshness. Their attention to detail in ingredient sourcing—especially in coastal fishing—is a standout element that sets them apart in the affordable dining scene.

Inside, the space is casual yet inviting, with TV screens, background music, and a family-friendly layout that also works well for larger groups. The service is known for being friendly and attentive, helping create a relaxed environment where you can take your time and truly enjoy the experience.

Amenities at Fisher’s Centro include Wi-Fi, music, entertainment screens, parking, and credit/debit card acceptance. If you’re looking for a spot in downtown CDMX that offers reliable seafood dishes with great value and consistent quality, Fisher’s Centro Histórico is a go-to that’s stood the test of time.

Rated 5 out of 5

TNT Diversión Explosiva Universidad is an energetic, pop-culture-infused restaurant and bar located on Avenida Universidad 837, in Colonia del Valle Sur, Mexico City. It’s the perfect spot for those who love good food served with a side of fun, offering a vibrant and youthful atmosphere that blends music, visuals, and affordable prices. With a price range of $150–$400 MXN per person, TNT makes it easy to enjoy flavorful bites without worrying about your budget.

Known for its creative take on casual Mexican street food, the menu features favorites like hamburgers, tacos, chilaquiles, alitas flameadas, and their must-try costra de cochinita. Signature drinks like the Azulito, Michelada, and Cantarito round out the experience, giving guests a full-flavored night from start to finish. Whether you’re in for a quick dinner or planning to celebrate, the flavors and prices make it easy to keep coming back.

The vibe shifts as the sun sets—especially on weekends—when live DJs and reggaetón playlists bring the space to life. With screens showing sports, a party-like atmosphere, and music that keeps the energy high, TNT becomes the go-to spot for casual dates, nights out with friends, or special celebrations.

Amenities include Wi-Fi, valet parking, entertainment screens, live music, events area, and a kids’ play zone. If you’re looking for an affordable restaurant in CDMX where the food is tasty and the vibe is electric, TNT Diversión Explosiva Universidad offers a night full of flavor, fun, and unforgettable memories.

Boludo Parrilla Urbana

Rated 5 out of 5

Boludo Parrilla Urbana Roma is a neighborhood gem in Roma Norte, Mexico City, where the art of the grill meets urban charm. Located on Orizaba 116, this Argentine-inspired steakhouse brings high-quality cuts, vibrant flavors, and a casual yet refined atmosphere—perfect for a laid-back lunch or dinner with friends, a cozy date, or a small celebration. With a price range of $300–$800 MXN per person, Boludo delivers an elevated meat-lover’s experience without overstepping the budget.

The menu revolves around select grilled meats, and each plate tells a story of craftsmanship and tradition. Signature dishes include the picaña, chicharrón de rib eye, and trompo de sirloin, accompanied by flavorful starters like the provoleta and costillas baby. For something more adventurous, the chef’s recommendations—like pulpos chiltepín or shrimp in gorgonzola sauce—highlight bold, unexpected pairings that leave a lasting impression.

The restaurant’s cozy interior and garden terrace provide the perfect setting for any occasion. Whether it’s a romantic dinner or a night out with friends, the ambiance is enriched by great music and warm, attentive service. The staff is knowledgeable and happy to guide you through the menu for the best possible experience.

Amenities include Wi-Fi, garden/terrace seating, pet-friendly access, entertainment screens, and credit/debit card acceptance. If you’re craving an authentic parrilla experience in the heart of CDMX with fair prices and unforgettable flavors, Boludo Parrilla Urbana Roma is a must-visit for anyone who loves grilled food done right.

Eating well in Mexico City doesn’t require a fat wallet—just a little curiosity and an appetite for discovery. From grilled Argentinian cuts in Roma to seafood classics in the Centro and street-food-inspired fiestas in Del Valle, the city is filled with affordable restaurants that deliver flavor, heart, and atmosphere without the high price tag. Whether you’re in the mood for casual comfort food, bold Latin flavors, or creative twists on local favorites, these spots prove that a good meal doesn’t have to be expensive to be unforgettable.

And this list is just the beginning. CDMX is a city with endless culinary layers—each neighborhood offering its own taste, style, and rhythm. So if you’re hungry for more recommendations, dive into our other blog posts where we explore everything from romantic rooftop dinners to the best tacos at 2 a.m., pet-friendly patios, and international cuisine gems. Whether you’re a local foodie or a visitor trying to eat your way through the capital, there’s always another delicious surprise waiting around the corner.