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Affordable
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These days, finding an affordable place to live in the Garrochales area can be challenging. Home prices in Garrochales are now at a median cost of $140,207, lower than the Puerto Rico average of $147,300.
The average cost of rent is $597/mo in Garrochales, primarily driven by the current value of real estate in the Garrochales area. In Garrochales, 18.69% of households rent, and 58.66% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Garrochales is $2,512 per month. Households that rent pay about 23.78% of their income on rent here. Garrochales’s most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Barceloneta, PR: less expensive homes
- Sabana Hoyos, PR: less expensive homes
- Bajadero, PR: less expensive homes
- Florida, PR: less expensive homes
- Arecibo, PR: less expensive homes
- Montebello, PR: less expensive homes
- Boquillas, PR: equally priced homes
- Manati, PR: equally priced homes
- Hato Viejo, PR: less expensive homes
- San Francisco, PR: less expensive homes
Cities with Similar Populations
- Kendallville, IN: higher priced homes
- Snoqualmie, WA: higher priced homes
- Smithfield, UT: higher priced homes
- Signal Mountain, TN: higher priced homes
- Shorewood, WI: higher priced homes
- Lake Forest Park, WA: higher priced homes
- La Grange Park, IL: higher priced homes
- Kingston, MA: higher priced homes
- Key Largo, FL: higher priced homes
- Kensington, MD: higher priced homes
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