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These days, finding an affordable place to live in the Canovanas Municipio area can be challenging. Home prices in Canovanas Municipio are now at a median cost of $136,555, lower than the Puerto Rico average of $147,300.
The average cost of rent is $654/mo in Canovanas Municipio, primarily driven by the current value of real estate in the Canovanas Municipio area. In Canovanas Municipio, 27.28% of households rent, and 58.44% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canovanas Municipio is $2,997 per month. Households that rent pay about 21.82% of their income on rent here. Canovanas Municipio’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Loiza Municipio, PR: less expensive homes
- Rio Grande Municipio, PR: equally priced homes
- Carolina Municipio, PR: higher priced homes
- Trujillo Alto Municipio, PR: higher priced homes
- Gurabo Municipio, PR: higher priced homes
- Juncos Municipio, PR: less expensive homes
- San Juan Municipio, PR: higher priced homes
- Luquillo Municipio, PR: higher priced homes
- Caguas Municipio, PR: higher priced homes
- Naguabo Municipio, PR: less expensive homes
Counties with Similar Populations
- Nelson County, KY: higher priced homes
- Fremont County, WY: higher priced homes
- Fulton County, IL: less expensive homes
- Pike County, AL: higher priced homes
- Pettis County, MO: higher priced homes
- Gibson County, IN: higher priced homes
- Perry County, OH: higher priced homes
- Pasquotank County, NC: higher priced homes
- Oktibbeha County, MS: higher priced homes
- Okmulgee County, OK: equally priced homes
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