Urbanizacion Puerto Nuevo 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 Urbanizacion Puerto Nuevo is about $694 per month. This puts it in the 74th percentile compared to the city average cost of rent, which is $634. Households in Urbanizacion Puerto Nuevo have a median income of $1,976 per month so the average renter in Urbanizacion Puerto Nuevo is spending roughly 35% of their earnings on housing.
Nationally, and in Urbanizacion Puerto Nuevo, home values are the data point most closely correlated with the cost of rent. The median price of a home in Urbanizacion Puerto Nuevo is $135,799 right now, which is lower than nearby neighborhoods, meaning that rents in Urbanizacion Puerto Nuevo also tend to be lower versus these nearby neighborhoods.
Higher rent prices are common in the western parts of Urbanizacion Puerto Nuevo while lower rent rates are often available in southern areas.
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