The Most Affordable Neighborhoods in Puerto Nuevo, PR by Home Value

 

Puerto Nuevo, PR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Puerto Nuevo area can be challenging. Home prices in Puerto Nuevo are now at a median cost of $137,601, higher than the Puerto Rico average of $121,319.

The average cost of rent is $546/mo in Puerto Nuevo, primarily driven by the current value of real estate in the Puerto Nuevo area. While nearly 44.94% of residents own their homes outright in Puerto Nuevo, 46.24% rent.

Housing affordability isn’t just about home prices, though. The average household income in Puerto Nuevo is $1,593 per month. Households that rent pay about 34.30% of their income on rent here. Puerto Nuevo's most expensive areas are in the southeastern regions, while the cheapest areas are in the central parts of the city.


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