The Most Affordable Neighborhoods in Cabo Rojo Municipio, PR by Home Value

 

Cabo Rojo Municipio, PR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cabo Rojo Municipio area can be challenging. Home prices in Cabo Rojo Municipio are now at a median cost of $136,893, lower than the Puerto Rico average of $147,300.

The average cost of rent is $663/mo in Cabo Rojo Municipio, primarily driven by the current value of real estate in the Cabo Rojo Municipio area. In Cabo Rojo Municipio, 24.39% of households rent, and 63.08% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cabo Rojo Municipio is $2,558 per month. Households that rent pay about 25.92% of their income on rent here. Cabo Rojo Municipio’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the county.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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