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Affordable
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These days, finding an affordable place to live in the 00616 area can be challenging. Home prices in 00616 are now at a median cost of $111,664, lower than the Puerto Rico average of $147,300.
The average cost of rent is $605/mo in 00616, primarily driven by the current value of real estate in the 00616 area. In 00616, 27.30% of households rent, and 74.51% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in 00616 is $2,125 per month. Households that rent pay about 28.46% of their income on rent here. 00616’s most expensive areas are in the northeastern regions, while the cheapest areas are in the southwestern parts of the zip.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Zip Codes
- 00614, PR: higher priced homes
- 00612, PR: higher priced homes
- 00688, PR: equally priced homes
- 00652, PR: higher priced homes
- 00617, PR: higher priced homes
- 00650, PR: equally priced homes
- 00659, PR: higher priced homes
- 00611, PR: higher priced homes
- 00674, PR: higher priced homes
- 00627, PR: equally priced homes
Zip Codes with Similar Populations
- 46394, IN: higher priced homes
- 83333, ID: higher priced homes
- 27932, NC: higher priced homes
- 81403, CO: higher priced homes
- 38060, TN: higher priced homes
- 61944, IL: equally priced homes
- 60481, IL: higher priced homes
- 36587, AL: higher priced homes
- 30513, GA: higher priced homes
- 63670, MO: higher priced homes
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