Barranquitas Municipio, Puerto Rico Housing Market Prices
Barranquitas 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 79% below the Puerto Rico median Among the top 3 cheapest counties in Puerto Rico$28,695
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Median rent 13% below the Puerto Rico median$505
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Barranquitas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $28,695 | $138,158 | $248,835 |
| Price Trend (Annual %) | -14.1% | 1.3% | 7.5% |
| Median Gross Rent | $505 | $578 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Barranquitas Municipio is about 79% lower than in Puerto Rico. Rent is about 13% 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 Barranquitas Municipio: home prices fell about 14.1% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
Median rent in Barranquitas Municipio rose about 35.0% between 2015 and 2024, from $374 to $505. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 1.2 yearly household incomes in Barranquitas Municipio.
Buying the median-priced home in Barranquitas Municipio costs roughly 4.7 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 Barranquitas Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Barranquitas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $28,695 | $138,158 | $248,835 |
| Median Household Income | $23,692 | $26,331 | $80,455 |
| Price-to-Income Ratio | 1.2 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Barranquitas Municipio fell about 77.9%, while median household income rose about 56.5% 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 | Barranquitas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 56.4% | 53.7% | 58.5% |
| Rental Rate | 28.2% | 25.3% | 31.2% |
| Vacancy Rate | 15.4% | 21.0% | 10.2% |
| Median Tenure (years) | 27.0 | 24.0 | 15.0 |
| Median Year Moved In | 1999 | 2002 | 2011 |
Barranquitas Municipio has a homeownership rate of 56.4%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 15.4%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Barranquitas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.88 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1983 | 1980 | 1978 |
| Median Number of Rooms | 4.6 | 4.7 | 5.5 |
The typical housing unit in Barranquitas Municipio was built around 1983. On average, 2.9 people live in a home with about 4.6 rooms, staying for about 27.0 years on average.
Barranquitas Municipio, PR Housing Compared With Nearby Counties
How Barranquitas Municipio, PR compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Barranquitas Municipio, PR | 29,054 | $28,695 #3/3 | $505 #1/3 | 66.7% #3/3 |
| Naranjito Municipio, PR | 29,307 | $152,526 | $487 | 69.4% |
| Corozal Municipio, PR | 34,444 | $133,407 | $496 | 75.3% |
Frequently Asked Questions
Common questions about the housing market in Barranquitas Municipio, Puerto Rico.
What is the median home price in Barranquitas Municipio, Puerto Rico?
The median home price in Barranquitas Municipio, Puerto Rico is $28,695, lower than the Puerto Rico average of $138,158.
What is the average home price in Barranquitas Municipio, Puerto Rico?
The typical home price in Barranquitas Municipio, Puerto Rico, reported as the median sale price, is $28,695. 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 Barranquitas Municipio, Puerto Rico?
The median gross rent in Barranquitas Municipio, Puerto Rico is $505 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Barranquitas Municipio in 2020?
In 2020, the median gross rent in Barranquitas Municipio, Puerto Rico was $414 per month.
What is the price-to-rent ratio in Barranquitas Municipio, Puerto Rico?
The price-to-rent ratio in Barranquitas Municipio, Puerto Rico is about 4.7, meaning it would take roughly 4.7 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 Barranquitas Municipio.
Are home prices or rent rising faster in Barranquitas Municipio, Puerto Rico?
Home prices and rent are moving in opposite directions in Barranquitas Municipio: home prices fell about 14.1% a year while rent rose about 3.3% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Barranquitas Municipio, Puerto Rico?
56.4% of households in Barranquitas Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Barranquitas Municipio, Puerto Rico?
The housing vacancy rate in Barranquitas Municipio, Puerto Rico is 15.4%, lower than the Puerto Rico average of 21.0%.
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