Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Palomas area can be challenging. Home prices in Palomas are now at a median cost of $94,019, lower than the Puerto Rico average of $121,319.
The average cost of rent is $461/mo in Palomas, primarily driven by the current value of real estate in the Palomas area. While nearly 74.67% of residents own their homes outright in Palomas, 26.34% rent.
Housing affordability isn’t just about home prices, though. The average household income in Palomas is $1,552 per month. Households that rent pay about 29.68% of their income on rent here. Palomas's most expensive areas are in the southeastern regions, while the cheapest areas are in the southern parts of the city.
Nearby Cities
- Yauco, PR: less expensive homes
- Guanica, PR: less expensive homes
- Guayanilla, PR: less expensive homes
- Magas Arriba, PR: less expensive homes
- Macana, PR: less expensive homes
- Ensenada, PR: less expensive homes
- Sabana Grande, PR: equally priced homes
- Penuelas, PR: equally priced homes
- Castaner, PR: less expensive homes
- Maricao, PR: less expensive homes
Cities with Similar Populations
- Ashtabula, OH: higher priced homes
- Bellview, FL: higher priced homes
- Cockeysville, MD: higher priced homes
- West Islip, NY: higher priced homes
- Citrus Park, FL: higher priced homes
- Ashland, OH: higher priced homes
- Apollo Beach, FL: higher priced homes
- Amsterdam, NY: higher priced homes
- Allison Park, PA: higher priced homes
- Nanuet, NY: higher priced homes
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