Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Ponce area can be challenging. Home prices in Ponce are now at a median cost of $100,373, lower than the Puerto Rico average of $121,319.
The average cost of rent is $506/mo in Ponce, primarily driven by the current value of real estate in the Ponce area. While nearly 72.96% of residents own their homes outright in Ponce, 31.48% rent.
Housing affordability isn’t just about home prices, though. The average household income in Ponce is $1,732 per month. Households that rent pay about 29.24% of their income on rent here. Ponce's most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Coto Laurel, PR: higher priced homes
- Mercedita, PR: equally priced homes
- Penuelas, PR: less expensive homes
- Juana Diaz, PR: higher priced homes
- Villalba, PR: less expensive homes
- Macana, PR: less expensive homes
- Magas Arriba, PR: less expensive homes
- Adjuntas, PR: less expensive homes
- Guayanilla, PR: less expensive homes
- Playa Cortada, PR: less expensive homes
Cities with Similar Populations
- Virginia Beach, VA: higher priced homes
- Van Nuys, CA: higher priced homes
- Utica, MI: higher priced homes
- Suwanee, GA: higher priced homes
- Sylmar, CA: higher priced homes
- Topeka, KS: higher priced homes
- Sumter, SC: higher priced homes
- Toledo, OH: higher priced homes
- Terre Haute, IN: higher priced homes
- Union City, NJ: higher priced homes
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