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These days, finding an affordable place to live in the Fajardo area can be challenging. Home prices in Fajardo are now at a median cost of $176,800, higher than the Puerto Rico average of $147,300.
The average cost of rent is $625/mo in Fajardo, primarily driven by the current value of real estate in the Fajardo area. In Fajardo, 52.91% of households rent, and 59.88% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Fajardo is $1,647 per month. Households that rent pay about 37.95% of their income on rent here. Fajardo’s most expensive areas are in the central regions, while the cheapest areas are in the central parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Puerto Real, PR: less expensive homes
- Luquillo, PR: less expensive homes
- Roosevelt Roads Naval Station, PR: equally priced homes
- Ceiba, PR: less expensive homes
- Palmer, PR: less expensive homes
- Duque, PR: less expensive homes
- Rio Blanco, PR: less expensive homes
- Rio Grande, PR: less expensive homes
- Naguabo, PR: less expensive homes
- Loiza, PR: less expensive homes
Cities with Similar Populations
- Elmwood, NE: higher priced homes
- Siloam, NC: higher priced homes
- Scotland, TX: equally priced homes
- Scooba, MS: higher priced homes
- Sandy Beach, MA: higher priced homes
- Repton, AL: less expensive homes
- Prairie City, OR: higher priced homes
- Fort Myer, VA: higher priced homes
- Flewellyn, TN: higher priced homes
- Findlay, TN: higher priced homes
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