Bayamón Municipio, Puerto Rico Housing Market Prices
Bayamón 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 31% below the Puerto Rico median$95,749
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Median rent 22% above the Puerto Rico median Among the 5 most expensive counties in Puerto Rico$703
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Bayamón Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,749 | $138,158 | $248,835 |
| Price Trend (Annual %) | -2.8% | 1.3% | 7.5% |
| Median Gross Rent | $703 | $578 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Bayamón Municipio is about 31% lower than in Puerto Rico. Rent is about 22% higher 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 Bayamón Municipio: home prices fell about 2.8% a year while rent rose about 3.5% a year. That is an unusual pattern worth watching.
Median rent in Bayamón Municipio rose about 28.8% between 2015 and 2024, from $546 to $703. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 3.0 yearly household incomes in Bayamón Municipio.
Buying the median-priced home in Bayamón Municipio costs roughly 11.3 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 Bayamón Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Bayamón Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $95,749 | $138,158 | $248,835 |
| Median Household Income | $31,445 | $26,331 | $80,455 |
| Price-to-Income Ratio | 3.0 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Bayamón Municipio fell about 28.1%, while median household income rose about 16.8% 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 | Bayamón Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.2% | 53.7% | 58.5% |
| Rental Rate | 25.2% | 25.3% | 31.2% |
| Vacancy Rate | 15.6% | 21.0% | 10.2% |
| Median Tenure (years) | 24.0 | 24.0 | 15.0 |
| Median Year Moved In | 2002 | 2002 | 2011 |
Bayamón Municipio has a homeownership rate of 59.2%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 15.6%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Bayamón Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.39 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1978 | 1980 | 1978 |
| Median Number of Rooms | 5.4 | 4.7 | 5.5 |
The typical housing unit in Bayamón Municipio was built around 1978. On average, 2.4 people live in a home with about 5.4 rooms, staying for about 24.0 years on average.
Bayamón Municipio, PR Housing Compared With Nearby Counties
Bayamón Municipio, PR is the largest of the 4 counties compared here, 182,469 residents against a local median of 66,321. The measure that sets Bayamón Municipio, PR apart most is median home price: $95,749, 52% below the local median of $198,262.
The counties themselves spread $69,107 on median home price, so Bayamón Municipio, PR sits at one end of an already wide local range rather than apart from it. Bayamón Municipio, PR has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Bayamón Municipio, PR | 182,469 | $95,749 #4/4 | $703 #2/4 | 70.1% #3/4 |
| Guaynabo Municipio, PR | 89,378 | $221,634 | $901 | 72.4% |
| Toa Alta Municipio, PR | 66,321 | $198,262 | $690 | 80.5% |
| Naranjito Municipio, PR | 29,307 | $152,526 | $487 | 69.4% |
Frequently Asked Questions
Common questions about the housing market in Bayamón Municipio, Puerto Rico.
What is the median home price in Bayamón Municipio, Puerto Rico?
The median home price in Bayamón Municipio, Puerto Rico is $95,749, lower than the Puerto Rico average of $138,158.
What is the average home price in Bayamón Municipio, Puerto Rico?
The typical home price in Bayamón Municipio, Puerto Rico, reported as the median sale price, is $95,749. 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 Bayamón Municipio, Puerto Rico?
The median gross rent in Bayamón Municipio, Puerto Rico is $703 per month, higher than the Puerto Rico average of $578.
What was the median gross rent in Bayamón Municipio in 2020?
In 2020, the median gross rent in Bayamón Municipio, Puerto Rico was $573 per month.
What is the price-to-rent ratio in Bayamón Municipio, Puerto Rico?
The price-to-rent ratio in Bayamón Municipio, Puerto Rico is about 11.3, meaning it would take roughly 11.3 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 Bayamón Municipio.
Are home prices or rent rising faster in Bayamón Municipio, Puerto Rico?
Home prices and rent are moving in opposite directions in Bayamón Municipio: home prices fell about 2.8% a year while rent rose about 3.5% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Bayamón Municipio, Puerto Rico?
59.2% of households in Bayamón Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Bayamón Municipio, Puerto Rico?
The housing vacancy rate in Bayamón Municipio, Puerto Rico is 15.6%, lower than the Puerto Rico average of 21.0%.
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