Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Montebello area can be challenging. Home prices in Montebello are now at a median cost of $87,606, lower than the Puerto Rico average of $121,319.
The average cost of rent is $477/mo in Montebello, primarily driven by the current value of real estate in the Montebello area. While nearly 75.16% of residents own their homes outright in Montebello, 26.20% rent.
Housing affordability isn’t just about home prices, though. The average household income in Montebello is $1,595 per month. Households that rent pay about 29.89% of their income on rent here. Montebello's most expensive areas are in the eastern regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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- Sabana Hoyos, PR: equally priced homes
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- Vega Baja, PR: higher priced homes
- La Trocha, PR: higher priced homes
Cities with Similar Populations
- Englewood, TN: higher priced homes
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- Elmendorf Afb, AK: higher priced homes
- Elverta, CA: higher priced homes
- Ely, MN: higher priced homes
- Emerson, GA: higher priced homes
- Emmetsburg, IA: higher priced homes
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