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These days, finding an affordable place to live in the Canovanas area can be challenging. Home prices in Canovanas are now at a median cost of $142,132, lower than the Puerto Rico average of $147,300.
The average cost of rent is $670/mo in Canovanas, primarily driven by the current value of real estate in the Canovanas area. In Canovanas, 26.70% of households rent, and 61.95% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Canovanas is $2,954 per month. Households that rent pay about 22.67% of their income on rent here. Canovanas’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Rio Grande, PR: less expensive homes
- Loiza, PR: less expensive homes
- Carolina, PR: higher priced homes
- Trujillo Alto, PR: higher priced homes
- Palmer, PR: equally priced homes
- Gurabo, PR: equally priced homes
- St. Just, PR: higher priced homes
- Juncos, PR: less expensive homes
- Luquillo, PR: higher priced homes
- San Juan, PR: higher priced homes
Cities with Similar Populations
- Asheboro, NC: higher priced homes
- Potomac, MD: higher priced homes
- Morgan Hill, CA: higher priced homes
- Lancaster, OH: higher priced homes
- Galveston, TX: higher priced homes
- Greensburg, PA: higher priced homes
- Olive Branch, MS: higher priced homes
- Normal, IL: higher priced homes
- Paramount, CA: higher priced homes
- Monroe, MI: higher priced homes
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