Dorado Municipio, Puerto Rico Housing Market Prices
Dorado 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 19% above the Puerto Rico median More expensive than 71% of counties in Puerto Rico$163,851
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Median rent 24% above the Puerto Rico median Among the 3 most expensive counties in Puerto Rico$715
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Dorado Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $163,851 | $138,158 | $248,835 |
| Price Trend (Annual %) | -0.1% | 1.3% | 7.5% |
| Median Gross Rent | $715 | $578 | $1,407 |
| Rent Trend (Annual %) | 1.3% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Dorado Municipio is about 19% higher than in Puerto Rico. Rent is about 24% higher 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 falling in Dorado Municipio, down about 0.1% and 1.3% a year respectively. Rent is changing faster.
Median rent in Dorado Municipio rose about 11.0% between 2015 and 2024, from $643 to $715. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 4.5 yearly household incomes in Dorado Municipio.
Buying the median-priced home in Dorado Municipio costs roughly 19.1 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 Dorado Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Dorado Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $163,851 | $138,158 | $248,835 |
| Median Household Income | $36,218 | $26,331 | $80,455 |
| Price-to-Income Ratio | 4.5 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Dorado Municipio fell about 7.1%, while median household income rose about 42.1% 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 | Dorado Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 61.1% | 53.7% | 58.5% |
| Rental Rate | 16.5% | 25.3% | 31.2% |
| Vacancy Rate | 22.4% | 21.0% | 10.2% |
| Median Tenure (years) | 23.0 | 24.0 | 15.0 |
| Median Year Moved In | 2003 | 2002 | 2011 |
Dorado Municipio has a homeownership rate of 61.1%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 22.4%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Dorado Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.80 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1981 | 1980 | 1978 |
| Median Number of Rooms | 4.4 | 4.7 | 5.5 |
The typical housing unit in Dorado Municipio was built around 1981. On average, 2.8 people live in a home with about 4.4 rooms, staying for about 23.0 years on average.
Dorado Municipio, PR Housing Compared With Nearby Counties
Dorado Municipio, PR is the smallest of the 4 counties compared here, 35,810 residents against a local median of 66,321. Nothing separates Dorado Municipio, PR sharply from the counties around it. Each measure below lands within 15% of the local median, close enough that the differences are within what survey sampling alone would produce.
The largest of those small differences is homeownership, 5% above the local median at 78.8% against 74.8%. Dorado Municipio, PR has the 2nd highest homeownership of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Dorado Municipio, PR | 35,810 | $163,851 #3/4 | $715 #1/4 | 78.8% #2/4 |
| Toa Baja Municipio, PR | 73,039 | $171,922 | $712 | 69.1% |
| Toa Alta Municipio, PR | 66,321 | $198,262 | $690 | 80.5% |
| Vega Baja Municipio, PR | 53,890 | $113,309 | $649 | 74.8% |
Frequently Asked Questions
Common questions about the housing market in Dorado Municipio, Puerto Rico.
What is the median home price in Dorado Municipio, Puerto Rico?
The median home price in Dorado Municipio, Puerto Rico is $163,851, higher than the Puerto Rico average of $138,158.
What is the average home price in Dorado Municipio, Puerto Rico?
The typical home price in Dorado Municipio, Puerto Rico, reported as the median sale price, is $163,851. 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 Dorado Municipio, Puerto Rico?
The median gross rent in Dorado Municipio, Puerto Rico is $715 per month, higher than the Puerto Rico average of $578.
What was the median gross rent in Dorado Municipio in 2020?
In 2020, the median gross rent in Dorado Municipio, Puerto Rico was $577 per month.
What is the price-to-rent ratio in Dorado Municipio, Puerto Rico?
The price-to-rent ratio in Dorado Municipio, Puerto Rico is about 19.1, meaning it would take roughly 19.1 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 Dorado Municipio.
Are home prices or rent rising faster in Dorado Municipio, Puerto Rico?
Both home prices and rent are falling in Dorado Municipio, down about 0.1% and 1.3% a year respectively. Rent is changing faster.
What is the homeownership rate in Dorado Municipio, Puerto Rico?
61.1% of households in Dorado Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Dorado Municipio, Puerto Rico?
The housing vacancy rate in Dorado Municipio, Puerto Rico is 22.4%, higher than the Puerto Rico average of 21.0%.
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