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These days, finding an affordable place to live in the Arroyo area can be challenging. Home prices in Arroyo are now at a median cost of $112,709, lower than the Puerto Rico average of $147,300.
The average cost of rent is $428/mo in Arroyo, primarily driven by the current value of real estate in the Arroyo area. In Arroyo, 9.19% of households rent, and 37.49% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Arroyo is $2,253 per month. Households that rent pay about 19.00% of their income on rent here. Arroyo’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Pitahaya, PR: less expensive homes
- Patillas, PR: equally priced homes
- Guayama, PR: equally priced homes
- Yaurel, PR: less expensive homes
- Maunabo, PR: less expensive homes
- Aguirre, PR: equally priced homes
- Yabucoa, PR: less expensive homes
- Salinas, PR: less expensive homes
- Paso Seco, PR: higher priced homes
- Coamo, PR: less expensive homes
Cities with Similar Populations
- Huntington, VT: higher priced homes
- Ridgely, TN: less expensive homes
- Plainfield, WI: higher priced homes
- New Hebron, MS: less expensive homes
- Strong, ME: higher priced homes
- Rosholt, WI: higher priced homes
- Laguna Park, TX: higher priced homes
- Corydon, KY: higher priced homes
- Holliday, TX: higher priced homes
- Ravenna, NE: higher priced homes
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