Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the Porto Rico area can be challenging. Home prices in Porto Rico are now at a median cost of $201,678, higher than the West Virginia average of $138,399.
The average cost of rent is $412/mo in Porto Rico, primarily driven by the current value of real estate in the Porto Rico area. While nearly 64.60% of residents own their homes outright in Porto Rico, 17.60% rent.
Housing affordability isn’t just about home prices, though. The average household income in Porto Rico is $7,433 per month. Households that rent pay about 5.54% of their income on rent here. Porto Rico's most expensive areas are in the central regions, while the cheapest areas are in the eastern parts of the city.
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