The Most Affordable Neighborhoods in Urbanizacion Palacios del Rio 2, Bayamon, PR by Home Value

 

Urbanizacion Palacios del Rio 2, Bayamon, PR Map of Most Affordable Neighborhoods
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These days, finding an affordable place to live in the Urbanizacion Palacios del Rio 2 area can be challenging. Home prices in Urbanizacion Palacios del Rio 2 are now at a median cost of $152,385, lower than the Bayamon average of $152,663.

The average cost of rent is $562/mo in Urbanizacion Palacios del Rio 2, primarily driven by the current value of real estate in the Urbanizacion Palacios del Rio 2 area. In Urbanizacion Palacios del Rio 2, 26.08% of households rent, and 37.90% of homeowners own their homes outright.

Housing affordability isn’t just about home prices, though. The average household income in Urbanizacion Palacios del Rio 2 is $3,400 per month. Households that rent pay about 16.52% of their income on rent here. Urbanizacion Palacios del Rio 2’s most expensive areas are in the central regions, while the cheapest areas are in the northern parts of the neighborhood.

Source: BestNeighborhood calculations from the U.S. Census Bureau, American Community Survey (ACS) 2020-2024 5-year estimates.


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