ComerÃo Municipio, Puerto Rico Housing Market Prices
ComerÃo 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 13% below the Puerto Rico median$119,799
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Median rent 11% below the Puerto Rico median$512
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | ComerÃo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $119,799 | $138,158 | $248,835 |
| Price Trend (Annual %) | 10.6% | 1.3% | 7.5% |
| Median Gross Rent | $512 | $578 | $1,407 |
| Rent Trend (Annual %) | 4.4% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in ComerÃo Municipio is about 13% lower than in Puerto Rico. Rent is about 11% 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 ComerÃo Municipio, up about 10.6% and 4.4% a year respectively. Home prices are changing faster.
Median rent in ComerÃo Municipio rose about 41.7% between 2015 and 2024, from $361 to $512. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 6.6 yearly household incomes in ComerÃo Municipio.
Buying the median-priced home in ComerÃo Municipio costs roughly 19.5 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 ComerÃo Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | ComerÃo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $119,799 | $138,158 | $248,835 |
| Median Household Income | $18,204 | $26,331 | $80,455 |
| Price-to-Income Ratio | 6.6 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in ComerÃo Municipio rose about 6.7%, while median household income rose about 35.6% 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 | ComerÃo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 49.7% | 53.7% | 58.5% |
| Rental Rate | 26.2% | 25.3% | 31.2% |
| Vacancy Rate | 24.1% | 21.0% | 10.2% |
| Median Tenure (years) | 26.0 | 24.0 | 15.0 |
| Median Year Moved In | 2000 | 2002 | 2011 |
ComerÃo Municipio has a homeownership rate of 49.7%, lower than the Puerto Rico average of 53.7%. Its housing vacancy rate is 24.1%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | ComerÃo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 3.05 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1983 | 1980 | 1978 |
| Median Number of Rooms | 4.3 | 4.7 | 5.5 |
The typical housing unit in ComerÃo Municipio was built around 1983. On average, 3.0 people live in a home with about 4.3 rooms, staying for about 26.0 years on average.
ComerÃo Municipio, PR Housing Compared With Nearby Counties
How ComerÃo Municipio, PR compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| ComerÃo Municipio, PR | 18,710 | $119,799 #2/3 | $512 #1/3 | 65.5% #3/3 |
| Naranjito Municipio, PR | 29,307 | $152,526 | $487 | 69.4% |
| Barranquitas Municipio, PR | 29,054 | $28,695 | $505 | 66.7% |
Frequently Asked Questions
Common questions about the housing market in ComerÃo Municipio, Puerto Rico.
What is the median home price in ComerÃo Municipio, Puerto Rico?
The median home price in ComerÃo Municipio, Puerto Rico is $119,799, lower than the Puerto Rico average of $138,158.
What is the average home price in ComerÃo Municipio, Puerto Rico?
The typical home price in ComerÃo Municipio, Puerto Rico, reported as the median sale price, is $119,799. 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 ComerÃo Municipio, Puerto Rico?
The median gross rent in ComerÃo Municipio, Puerto Rico is $512 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in ComerÃo Municipio in 2020?
In 2020, the median gross rent in ComerÃo Municipio, Puerto Rico was $480 per month.
What is the price-to-rent ratio in ComerÃo Municipio, Puerto Rico?
The price-to-rent ratio in ComerÃo Municipio, Puerto Rico is about 19.5, meaning it would take roughly 19.5 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 ComerÃo Municipio.
Are home prices or rent rising faster in ComerÃo Municipio, Puerto Rico?
Both home prices and rent are rising in ComerÃo Municipio, up about 10.6% and 4.4% a year respectively. Home prices are changing faster.
What is the homeownership rate in ComerÃo Municipio, Puerto Rico?
49.7% of households in ComerÃo Municipio, Puerto Rico own their home, lower than the Puerto Rico average of 53.7%.
What is the vacancy rate in ComerÃo Municipio, Puerto Rico?
The housing vacancy rate in ComerÃo Municipio, Puerto Rico is 24.1%, higher than the Puerto Rico average of 21.0%.
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