Cayey Municipio renters looking for the least expensive areas to rent should look for the areas towards the red end of the spectrum on the rent cost map. Those who don't mind paying for high-end and luxury apartments should seek out apartments in dark green areas.
On average, the cost of rent in Cayey Municipio is about $575 per month. This puts it in the 73rd percentile compared to the state average cost of rent, which is $584. Households in Cayey Municipio have a median income of $2,140 per month so the average renter in Cayey Municipio is spending roughly 27% of their earnings on housing.
Nationally, and in Cayey Municipio, home values are the data point most closely correlated with the cost of rent. The median price of a home in Cayey Municipio is $124,031 right now, which is higher than nearby counties, meaning that rents in Cayey Municipio also tend to be higher versus these nearby counties.
Higher rent prices are common in the eastern parts of Cayey Municipio while lower rent rates are often available in southern areas.
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