The Most Affordable Neighborhoods in Los Panes, PR by Home Value

These days, finding an affordable place to live in the Los Panes area can be challenging. Home prices in Los Panes are now at a median cost of $158,318, higher than the Puerto Rico average of $147,300.

The average cost of rent is $655/mo in Los Panes, primarily driven by the current value of real estate in the Los Panes area. In Los Panes, 22.45% of households rent, and 52.81% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Los Panes is $3,365 per month. Households that rent pay about 19.46% of their income on rent here. Los Panes’s most expensive areas are in the northwestern regions, while the cheapest areas are in the northern parts of the city.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.

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