The Most Affordable Neighborhoods in Mayaguez Municipio, PR by Home Value

 

Mayaguez Municipio, PR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Mayaguez Municipio area can be challenging. Home prices in Mayaguez Municipio are now at a median cost of $111,208, lower than the Puerto Rico average of $121,319.

The average cost of rent is $481/mo in Mayaguez Municipio, primarily driven by the current value of real estate in the Mayaguez Municipio area. While nearly 74.48% of residents own their homes outright in Mayaguez Municipio, 39.75% rent.

Housing affordability isn’t just about home prices, though. The average household income in Mayaguez Municipio is $1,596 per month. Households that rent pay about 30.17% of their income on rent here. Mayaguez Municipio's most expensive areas are in the northern regions, while the cheapest areas are in the western parts of the county.


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