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Affordable
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These days, finding an affordable place to live in the Hormigueros area can be challenging. Home prices in Hormigueros are now at a median cost of $134,135, lower than the Puerto Rico average of $147,300.
The average cost of rent is $545/mo in Hormigueros, primarily driven by the current value of real estate in the Hormigueros area. In Hormigueros, 25.88% of households rent, and 61.89% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Hormigueros is $2,481 per month. Households that rent pay about 21.95% of their income on rent here. Hormigueros’s most expensive areas are in the western regions, while the cheapest areas are in the northeastern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Mayaguez, PR: less expensive homes
- Cabo Rojo, PR: equally priced homes
- Rosario, PR: less expensive homes
- San German, PR: less expensive homes
- Lajas, PR: less expensive homes
- Boqueron, PR: equally priced homes
- Anasco, PR: less expensive homes
- Las Marias, PR: less expensive homes
- Maricao, PR: less expensive homes
- Sabana Grande, PR: less expensive homes
Cities with Similar Populations
- Selden, NY: higher priced homes
- Hartselle, AL: higher priced homes
- Hauppauge, NY: higher priced homes
- Hayesville, OR: higher priced homes
- Holt, MI: higher priced homes
- Roanoke Rapids, NC: higher priced homes
- Rolling Meadows, IL: higher priced homes
- Roselle, IL: higher priced homes
- Saginaw, TX: higher priced homes
- Saline, MI: higher priced homes
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