Arecibo Municipio, Puerto Rico Housing Market Prices
Arecibo 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.
-
Median home price 25% below the Puerto Rico median$104,034
-
Median rent 8% below the Puerto Rico median$530
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Arecibo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $104,034 | $138,158 | $248,835 |
| Price Trend (Annual %) | -1.4% | 1.3% | 7.5% |
| Median Gross Rent | $530 | $578 | $1,407 |
| Rent Trend (Annual %) | 3.7% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Arecibo Municipio is about 25% lower than in Puerto Rico. Rent is about 8% lower than the Puerto Rico average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Arecibo Municipio: home prices fell about 1.4% a year while rent rose about 3.7% a year. That is an unusual pattern worth watching.
Median rent in Arecibo Municipio rose about 27.1% between 2015 and 2024, from $417 to $530. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 4.4 yearly household incomes in Arecibo Municipio.
Buying the median-priced home in Arecibo Municipio costs roughly 16.4 years of rent at the median monthly rate. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Arecibo Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Arecibo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $104,034 | $138,158 | $248,835 |
| Median Household Income | $23,823 | $26,331 | $80,455 |
| Price-to-Income Ratio | 4.4 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Arecibo Municipio fell about 26.4%, while median household income rose about 39.8% 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 | Arecibo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 50.5% | 53.7% | 58.5% |
| Rental Rate | 26.7% | 25.3% | 31.2% |
| Vacancy Rate | 22.7% | 21.0% | 10.2% |
| Median Tenure (years) | 24.0 | 24.0 | 15.0 |
| Median Year Moved In | 2002 | 2002 | 2011 |
Arecibo Municipio has a homeownership rate of 50.5%, lower than the Puerto Rico average of 53.7%. Its housing vacancy rate is 22.7%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Arecibo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.53 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1983 | 1980 | 1978 |
| Median Number of Rooms | 5.0 | 4.7 | 5.5 |
The typical housing unit in Arecibo Municipio was built around 1983. On average, 2.5 people live in a home with about 5.0 rooms, staying for about 24.0 years on average.
Arecibo Municipio, PR Housing Compared With Nearby Counties
Arecibo Municipio, PR is the largest of the 4 counties compared here, 86,478 residents against a local median of 27,621. Where Arecibo Municipio, PR breaks from the counties next to it is median home price, sitting 23% above the local median of $84,445 at $104,034.
The counties themselves sit within $7,568 of each other on median home price, a tighter band than the gap between any of them and Arecibo Municipio, PR, which makes it a genuine outlier here rather than one end of a wide local spread. Arecibo Municipio, PR has the highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Arecibo Municipio, PR | 86,478 | $104,034 #1/4 | $530 #3/4 | 65.4% #3/4 |
| Barceloneta Municipio, PR | 22,487 | $89,790 | $581 | 74.1% |
| Hatillo Municipio, PR | 38,157 | $84,445 | $594 | 71.7% |
| Utuado Municipio, PR | 27,621 | $82,222 | $475 | 65.3% |
Frequently Asked Questions
Common questions about the housing market in Arecibo Municipio, Puerto Rico.
What is the median home price in Arecibo Municipio, Puerto Rico?
The median home price in Arecibo Municipio, Puerto Rico is $104,034, lower than the Puerto Rico average of $138,158.
What is the average home price in Arecibo Municipio, Puerto Rico?
The typical home price in Arecibo Municipio, Puerto Rico, reported as the median sale price, is $104,034. 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 Arecibo Municipio, Puerto Rico?
The median gross rent in Arecibo Municipio, Puerto Rico is $530 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Arecibo Municipio in 2020?
In 2020, the median gross rent in Arecibo Municipio, Puerto Rico was $398 per month.
What is the price-to-rent ratio in Arecibo Municipio, Puerto Rico?
The price-to-rent ratio in Arecibo Municipio, Puerto Rico is about 16.4, meaning it would take roughly 16.4 years of rent payments at the median rent to equal the median home price. That is a moderate price-to-rent ratio, where buying and renting are often similarly cost-effective in Arecibo Municipio.
Are home prices or rent rising faster in Arecibo Municipio, Puerto Rico?
Home prices and rent are moving in opposite directions in Arecibo Municipio: home prices fell about 1.4% a year while rent rose about 3.7% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Arecibo Municipio, Puerto Rico?
50.5% of households in Arecibo Municipio, Puerto Rico own their home, lower than the Puerto Rico average of 53.7%.
What is the vacancy rate in Arecibo Municipio, Puerto Rico?
The housing vacancy rate in Arecibo Municipio, Puerto Rico is 22.7%, higher than the Puerto Rico average of 21.0%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →