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The Lake is about 75 kilometers (50 miles) long from east to west with a maximum north-south width of about 20 kilometers (12.5 miles). Its large surface area (1,050 square kilometers or 405 square miles) makes it the largest natural lake in Mexico and the third largest in Latin America, after Lake Titicaca and Lake Nicaragua in Central America.

Despite its size, Lake Chapala is quite shallow, with an average depth of only slightly over four meters (13 feet) and an maximum depth of less than 30 meters (9.75 feet)

The region surrounding Lake Chapala comprises eight municipalities in the state of Jalisco and four in the state of Michoacan. Most of the area's visitors and residents from abroad gravitate to the Northshore municipalities of Ajijic, Chapala and Jocotepec.