Aguas Buenas Municipio, Puerto Rico Housing Market Prices
Aguas Buenas Municipio Home Prices and Rent at a Glance
The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.
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Median home price 18% above the Puerto Rico median More expensive than 70% of counties in Puerto Rico$162,500
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Median rent 19% below the Puerto Rico median Cheaper than 86% of counties in Puerto Rico$468
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Aguas Buenas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $162,500 | $138,158 | $248,835 |
| Price Trend (Annual %) | 31.3% | 1.3% | 7.5% |
| Median Gross Rent | $468 | $578 | $1,407 |
| Rent Trend (Annual %) | 1.5% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Aguas Buenas Municipio is about 18% higher than in Puerto Rico. Rent is about 19% lower than the Puerto Rico average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Aguas Buenas Municipio, up about 31.3% and 1.5% a year respectively. Home prices are changing faster.
Median rent in Aguas Buenas Municipio rose about 11.4% between 2015 and 2024, from $420 to $468. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 6.9 yearly household incomes in Aguas Buenas Municipio.
Buying the median-priced home in Aguas Buenas Municipio costs roughly 29.0 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Aguas Buenas Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Aguas Buenas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $162,500 | $138,158 | $248,835 |
| Median Household Income | $23,519 | $26,331 | $80,455 |
| Price-to-Income Ratio | 6.9 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Aguas Buenas Municipio rose about 44.4%, while median household income rose about 47.8% between 2009 and 2025 — income grew faster than the home price.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Aguas Buenas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 52.5% | 53.7% | 58.5% |
| Rental Rate | 29.0% | 25.3% | 31.2% |
| Vacancy Rate | 18.5% | 21.0% | 10.2% |
| Median Tenure (years) | 24.0 | 24.0 | 15.0 |
| Median Year Moved In | 2002 | 2002 | 2011 |
Aguas Buenas Municipio has a homeownership rate of 52.5%, lower than the Puerto Rico average of 53.7%. Its housing vacancy rate is 18.5%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Aguas Buenas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.62 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1981 | 1980 | 1978 |
| Median Number of Rooms | 4.5 | 4.7 | 5.5 |
The typical housing unit in Aguas Buenas Municipio was built around 1981. On average, 2.6 people live in a home with about 4.5 rooms, staying for about 24.0 years on average.
Aguas Buenas Municipio, PR Housing Compared With Nearby Counties
Aguas Buenas Municipio, PR is the smallest of the 4 counties compared here, 23,614 residents against a local median of 125,585. The measure that sets Aguas Buenas Municipio, PR apart most is median rent: $468, 33% below the local median of $703.
The counties themselves spread $241 on median rent, so Aguas Buenas Municipio, PR sits at one end of an already wide local range rather than apart from it. Aguas Buenas Municipio, PR has the 4th highest median rent of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Aguas Buenas Municipio, PR | 23,614 | $162,500 #2/4 | $468 #4/4 | 64.4% #4/4 |
| Caguas Municipio, PR | 125,585 | $143,103 | $659 | 67.1% |
| Guaynabo Municipio, PR | 89,378 | $221,634 | $901 | 72.4% |
| Bayamón Municipio, PR | 182,469 | $95,749 | $703 | 70.1% |
Frequently Asked Questions
Common questions about the housing market in Aguas Buenas Municipio, Puerto Rico.
What is the median home price in Aguas Buenas Municipio, Puerto Rico?
The median home price in Aguas Buenas Municipio, Puerto Rico is $162,500, higher than the Puerto Rico average of $138,158.
What is the average home price in Aguas Buenas Municipio, Puerto Rico?
The typical home price in Aguas Buenas Municipio, Puerto Rico, reported as the median sale price, is $162,500. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.
What is the median rent in Aguas Buenas Municipio, Puerto Rico?
The median gross rent in Aguas Buenas Municipio, Puerto Rico is $468 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Aguas Buenas Municipio in 2020?
In 2020, the median gross rent in Aguas Buenas Municipio, Puerto Rico was $450 per month.
What is the price-to-rent ratio in Aguas Buenas Municipio, Puerto Rico?
The price-to-rent ratio in Aguas Buenas Municipio, Puerto Rico is about 29.0, meaning it would take roughly 29.0 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Aguas Buenas Municipio.
Are home prices or rent rising faster in Aguas Buenas Municipio, Puerto Rico?
Both home prices and rent are rising in Aguas Buenas Municipio, up about 31.3% and 1.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Aguas Buenas Municipio, Puerto Rico?
52.5% of households in Aguas Buenas Municipio, Puerto Rico own their home, lower than the Puerto Rico average of 53.7%.
What is the vacancy rate in Aguas Buenas Municipio, Puerto Rico?
The housing vacancy rate in Aguas Buenas Municipio, Puerto Rico is 18.5%, lower than the Puerto Rico average of 21.0%.
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