The Most Affordable Neighborhoods in Parcelas Nueva Vida, Ponce, PR by Home Value

 

Parcelas Nueva Vida, Ponce, PR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Parcelas Nueva Vida area can be challenging. Home prices in Parcelas Nueva Vida are now at a median cost of $84,114, lower than the Ponce average of $100,373.

The average cost of rent is $741/mo in Parcelas Nueva Vida, primarily driven by the current value of real estate in the Parcelas Nueva Vida area. While nearly 82.30% of residents own their homes outright in Parcelas Nueva Vida, 14.96% rent.

Housing affordability isn’t just about home prices, though. The average household income in Parcelas Nueva Vida is $1,616 per month. Households that rent pay about 45.83% of their income on rent here. Parcelas Nueva Vida's most expensive areas are in the southern regions, while the cheapest areas are in the southwestern parts of the neighborhood.


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