The Most Affordable Neighborhoods in Morovis, PR by Home Value

These days, finding an affordable place to live in the Morovis area can be challenging. Home prices in Morovis are now at a median cost of $120,094, lower than the Puerto Rico average of $147,300.

The average cost of rent is $610/mo in Morovis, primarily driven by the current value of real estate in the Morovis area. In Morovis, 23.85% of households rent, and 67.54% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Morovis is $2,152 per month. Households that rent pay about 28.34% of their income on rent here. Morovis’s most expensive areas are in the central 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.

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