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These days, finding an affordable place to live in the Rio Grande area can be challenging. Home prices in Rio Grande are now at a median cost of $127,206, lower than the Puerto Rico average of $147,300.
The average cost of rent is $605/mo in Rio Grande, primarily driven by the current value of real estate in the Rio Grande area. In Rio Grande, 30.32% of households rent, and 60.11% of homeowners own their homes outright.
Housing affordability isn’t just about home prices, though. The average household income in Rio Grande is $2,420 per month. Households that rent pay about 25.00% of their income on rent here. Rio Grande’s most expensive areas are in the northeastern regions, while the cheapest areas are in the northern parts of the city.
Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.
Nearby Cities
- Loiza, PR: less expensive homes
- Canovanas, PR: higher priced homes
- Palmer, PR: equally priced homes
- Luquillo, PR: higher priced homes
- Carolina, PR: higher priced homes
- Trujillo Alto, PR: higher priced homes
- Duque, PR: less expensive homes
- St. Just, PR: higher priced homes
- Juncos, PR: equally priced homes
- Gurabo, PR: higher priced homes
Cities with Similar Populations
- Beavercreek, OH: higher priced homes
- Cuyahoga Falls, OH: higher priced homes
- Coatesville, PA: higher priced homes
- Chesterfield, MO: higher priced homes
- Chester, VA: higher priced homes
- Brighton, MA: higher priced homes
- Brea, CA: higher priced homes
- Carlisle, PA: higher priced homes
- Benton, AR: higher priced homes
- Rancho Santa Margarita, CA: higher priced homes
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