Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Mercedita area can be challenging. Home prices in Mercedita are now at a median cost of $108,352, lower than the Puerto Rico average of $121,319.
The average cost of rent is $546/mo in Mercedita, primarily driven by the current value of real estate in the Mercedita area. While nearly 61.32% of residents own their homes outright in Mercedita, 21.23% rent.
Housing affordability isn’t just about home prices, though. The average household income in Mercedita is $2,331 per month. Households that rent pay about 23.44% of their income on rent here. Mercedita's most expensive areas are in the southeastern regions, while the cheapest areas are in the southwestern parts of the city.
Nearby Cities
- Juana Diaz, PR: higher priced homes
- Coto Laurel, PR: higher priced homes
- Ponce, PR: equally priced homes
- Playa Cortada, PR: less expensive homes
- Villalba, PR: less expensive homes
- Los Llanos, PR: equally priced homes
- Santa Isabel, PR: less expensive homes
- Paso Seco, PR: equally priced homes
- Coamo, PR: less expensive homes
- Penuelas, PR: less expensive homes
Cities with Similar Populations
- Riverton, WY: higher priced homes
- Badger, AK: higher priced homes
- Barnstable Town, MA: higher priced homes
- Barre, VT: higher priced homes
- Bay Village, OH: higher priced homes
- Bedford, OH: equally priced homes
- Bel Air, MD: higher priced homes
- Bellingham, MA: higher priced homes
- Hubert, NC: higher priced homes
- Berwick, PA: higher priced homes
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