Aibonito Municipio, Puerto Rico Housing Market Prices
Aibonito 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 60% below the Puerto Rico median Cheaper than 91% of counties in Puerto Rico$55,000
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Median rent 17% below the Puerto Rico median Cheaper than 79% of counties in Puerto Rico$480
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Aibonito Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,000 | $138,158 | $248,835 |
| Price Trend (Annual %) | 23.1% | 1.3% | 7.5% |
| Median Gross Rent | $480 | $578 | $1,407 |
| Rent Trend (Annual %) | 0.8% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Aibonito Municipio is about 60% lower than in Puerto Rico. Rent is about 17% 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 Aibonito Municipio, up about 23.1% and 0.8% a year respectively. Home prices are changing faster.
Median rent in Aibonito Municipio rose about 16.5% between 2015 and 2024, from $412 to $480. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Aibonito Municipio.
Buying the median-priced home in Aibonito Municipio costs roughly 9.5 years of rent at the median monthly rate. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Aibonito Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Aibonito Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,000 | $138,158 | $248,835 |
| Median Household Income | $22,128 | $26,331 | $80,455 |
| Price-to-Income Ratio | 2.5 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Aibonito Municipio fell about 63.3%, while median household income rose about 41.5% 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 | Aibonito Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 67.3% | 53.7% | 58.5% |
| Rental Rate | 22.2% | 25.3% | 31.2% |
| Vacancy Rate | 10.5% | 21.0% | 10.2% |
| Median Tenure (years) | 25.0 | 24.0 | 15.0 |
| Median Year Moved In | 2001 | 2002 | 2011 |
Aibonito Municipio has a homeownership rate of 67.3%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 10.5%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Aibonito Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1981 | 1980 | 1978 |
| Median Number of Rooms | 4.7 | 4.7 | 5.5 |
The typical housing unit in Aibonito Municipio was built around 1981. On average, 2.5 people live in a home with about 4.7 rooms, staying for about 25.0 years on average.
Aibonito Municipio, PR Housing Compared With Nearby Counties
How Aibonito Municipio, PR compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Aibonito Municipio, PR | 24,635 | $55,000 #2/3 | $480 #3/3 | 75.2% #1/3 |
| Barranquitas Municipio, PR | 29,054 | $28,695 | $505 | 66.7% |
| Cayey Municipio, PR | 40,917 | $310,465 | $540 | 62.7% |
Frequently Asked Questions
Common questions about the housing market in Aibonito Municipio, Puerto Rico.
What is the median home price in Aibonito Municipio, Puerto Rico?
The median home price in Aibonito Municipio, Puerto Rico is $55,000, lower than the Puerto Rico average of $138,158.
What is the average home price in Aibonito Municipio, Puerto Rico?
The typical home price in Aibonito Municipio, Puerto Rico, reported as the median sale price, is $55,000. 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 Aibonito Municipio, Puerto Rico?
The median gross rent in Aibonito Municipio, Puerto Rico is $480 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Aibonito Municipio in 2020?
In 2020, the median gross rent in Aibonito Municipio, Puerto Rico was $478 per month.
What is the price-to-rent ratio in Aibonito Municipio, Puerto Rico?
The price-to-rent ratio in Aibonito Municipio, Puerto Rico is about 9.5, meaning it would take roughly 9.5 years of rent payments at the median rent to equal the median home price. That is a relatively low price-to-rent ratio, which tends to favor buying over renting in Aibonito Municipio.
Are home prices or rent rising faster in Aibonito Municipio, Puerto Rico?
Both home prices and rent are rising in Aibonito Municipio, up about 23.1% and 0.8% a year respectively. Home prices are changing faster.
What is the homeownership rate in Aibonito Municipio, Puerto Rico?
67.3% of households in Aibonito Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Aibonito Municipio, Puerto Rico?
The housing vacancy rate in Aibonito Municipio, Puerto Rico is 10.5%, lower than the Puerto Rico average of 21.0%.
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