Corozal 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 Corozal Municipio is about $549 per month. This puts it in the 64th percentile compared to the state average cost of rent, which is $584. Households in Corozal Municipio have a median income of $1,680 per month so the average renter in Corozal Municipio is spending roughly 33% of their earnings on housing.
Nationally, and in Corozal Municipio, home values are the data point most closely correlated with the cost of rent. The median price of a home in Corozal Municipio is $104,663 right now, which is lower than nearby counties, meaning that rents in Corozal Municipio also tend to be lower versus these nearby counties.
Higher rent prices are common in the western parts of Corozal Municipio while lower rent rates are often available in northeastern areas.
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