Polanco is a neighborhood in the Miguel Hidalgo borough of Mexico City. Polanco is an affluent colonia, noted for its luxury shopping along Presidente Masaryk Avenue, the most expensive street in Mexico, as well as for the numerous prominent cultural institutions located within the neighborhood.

Miguel Hidalgo is a borough (alcaldía) in western Mexico City, it encompasses the historic areas of Tacuba, Chapultepec and Tacubaya along with a number of notable neighborhoods such as Polanco and Lomas de Chapultepec. With landmarks such as Chapultepec Park and the Museo Nacional de Antropología, it is the second most visited borough in Mexico City after Cuauhtémoc where the historic center of Mexico City is located. Tacubaya and Tacuba both have long histories as independent settlements and were designated as “Barrios Mágicos” by the city for tourism purposes.