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Expensive
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These days, finding an affordable place to live in the Hormigueros Municipio area can be challenging. Home prices in Hormigueros Municipio are now at a median cost of $123,274, lower than the Puerto Rico average of $147,300.
The average cost of rent is $523/mo in Hormigueros Municipio, primarily driven by the current value of real estate in the Hormigueros Municipio area. In Hormigueros Municipio, 27.54% of households rent, and 58.17% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hormigueros Municipio is $2,316 per month. Households that rent pay about 22.58% of their income on rent here. Hormigueros Municipio’s most expensive areas are in the southwestern regions, while the cheapest areas are in the northeastern parts of the county.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Counties
- Mayaguez Municipio, PR: equally priced homes
- Cabo Rojo Municipio, PR: higher priced homes
- San German Municipio, PR: less expensive homes
- Lajas Municipio, PR: less expensive homes
- Anasco Municipio, PR: equally priced homes
- Las Marias Municipio, PR: less expensive homes
- Maricao Municipio, PR: equally priced homes
- Sabana Grande Municipio, PR: less expensive homes
- Yauco Municipio, PR: less expensive homes
- Lares Municipio, PR: less expensive homes
Counties with Similar Populations
- Plumas County, CA: higher priced homes
- Langlade County, WI: higher priced homes
- Larue County, KY: higher priced homes
- Las Animas County, CO: higher priced homes
- Lee County, VA: equally priced homes
- Perry County, MO: higher priced homes
- Piatt County, IL: higher priced homes
- Pickens County, AL: equally priced homes
- Pierce County, GA: higher priced homes
- Pike County, IL: less expensive homes
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