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 $117,978, lower than the Puerto Rico average of $121,319.

The average cost of rent is $516/mo in Cabo Rojo Municipio, primarily driven by the current value of real estate in the Cabo Rojo Municipio area. While nearly 65.47% of residents own their homes outright in Cabo Rojo Municipio, 27.97% rent.

Housing affordability isn’t just about home prices, though. The average household income in Cabo Rojo Municipio is $1,682 per month. Households that rent pay about 30.70% of their income on rent here. Cabo Rojo Municipio's most expensive areas are in the northern regions, while the cheapest areas are in the northeastern parts of the county.


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