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These days, finding an affordable place to live in the Carolina area can be challenging. Home prices in Carolina are now at a median cost of $166,671, higher than the Puerto Rico average of $147,300.
The average cost of rent is $730/mo in Carolina, primarily driven by the current value of real estate in the Carolina area. In Carolina, 32.99% of households rent, and 48.06% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Carolina is $3,432 per month. Households that rent pay about 21.28% of their income on rent here. Carolina’s most expensive areas are in the northwestern regions, while the cheapest areas are in the eastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Trujillo Alto, PR: equally priced homes
- St. Just, PR: equally priced homes
- San Juan, PR: higher priced homes
- Canovanas, PR: less expensive homes
- Loiza, PR: less expensive homes
- Puerto Nuevo, PR: less expensive homes
- La Cumbre, PR: higher priced homes
- Rio Grande, PR: less expensive homes
- Guaynabo, PR: higher priced homes
- Gurabo, PR: less expensive homes
Cities with Similar Populations
- Erie, PA: equally priced homes
- Elizabeth, NJ: higher priced homes
- Elk Grove, CA: higher priced homes
- El Paso, TX: higher priced homes
- Ellicott City, MD: higher priced homes
- Eau Claire, WI: higher priced homes
- Edmond, OK: higher priced homes
- El Monte, CA: higher priced homes
- Elgin, IL: higher priced homes
- Edison, NJ: higher priced homes
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