Home Price Key
Affordable
Average
Expensive
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 $108,636, lower than the Puerto Rico average of $121,319.
The average cost of rent is $523/mo in Cabo Rojo, primarily driven by the current value of real estate in the Cabo Rojo area. While nearly 60.54% of residents own their homes outright in Cabo Rojo, 28.11% rent.
Housing affordability isn’t just about home prices, though. The average household income in Cabo Rojo is $1,669 per month. Households that rent pay about 31.36% of their income on rent here. Cabo Rojo's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Hormigueros, PR: higher priced homes
- Boqueron, PR: higher priced homes
- Lajas, PR: less expensive homes
- Rosario, PR: less expensive homes
- San German, PR: equally priced homes
- Mayaguez, PR: equally priced homes
- Sabana Grande, PR: less expensive homes
- Ensenada, PR: less expensive homes
- Maricao, PR: less expensive homes
- Guanica, PR: less expensive homes
Cities with Similar Populations
- Key West, FL: higher priced homes
- San Luis, AZ: higher priced homes
- Isabela, PR: equally priced homes
- Juncos, PR: equally priced homes
- Kinston, NC: less expensive homes
- Manchester, CT: higher priced homes
- Manhattan Beach, CA: higher priced homes
- Natick, MA: higher priced homes
- Newhall, CA: higher priced homes
- Patillas, PR: less expensive homes
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