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

 

Cabo Rojo, PR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Cabo Rojo area can be challenging. Home prices in Cabo Rojo are now at a median cost of $131,036, lower than the Puerto Rico average of $147,300.

The average cost of rent is $662/mo in Cabo Rojo, primarily driven by the current value of real estate in the Cabo Rojo area. In Cabo Rojo, 23.89% of households rent, and 60.92% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Cabo Rojo is $2,361 per month. Households that rent pay about 28.06% of their income on rent here. Cabo Rojo’s most expensive areas are in the northwestern regions, while the cheapest areas are in the southeastern parts of the city.

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


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