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Expensive
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These days, finding an affordable place to live in the Arecibo Municipio area can be challenging. Home prices in Arecibo Municipio are now at a median cost of $120,605, lower than the Puerto Rico average of $147,300.
The average cost of rent is $552/mo in Arecibo Municipio, primarily driven by the current value of real estate in the Arecibo Municipio area. In Arecibo Municipio, 34.60% of households rent, and 66.79% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arecibo Municipio is $2,331 per month. Households that rent pay about 23.67% of their income on rent here. Arecibo Municipio’s most expensive areas are in the eastern regions, while the cheapest areas are in the southern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Hatillo Municipio, PR: higher priced homes
- Barceloneta Municipio, PR: equally priced homes
- Florida Municipio, PR: equally priced homes
- Camuy Municipio, PR: equally priced homes
- Manati Municipio, PR: equally priced homes
- Ciales Municipio, PR: less expensive homes
- Quebradillas Municipio, PR: equally priced homes
- Vega Baja Municipio, PR: equally priced homes
- Morovis Municipio, PR: equally priced homes
- San Sebastian Municipio, PR: equally priced homes
Counties with Similar Populations
- Monroe County, FL: higher priced homes
- Cape May County, NJ: higher priced homes
- Crawford County, PA: higher priced homes
- Polk County, OR: higher priced homes
- Josephine County, OR: higher priced homes
- Nassau County, FL: higher priced homes
- Clinton County, MI: higher priced homes
- Bulloch County, GA: higher priced homes
- Orangeburg County, SC: equally priced homes
- Benton County, OR: higher priced homes
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