Gurabo Municipio, Puerto Rico Housing Market Prices
Gurabo 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 56% above the Puerto Rico median More expensive than 87% of counties in Puerto Rico$215,833
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Median rent 17% above the Puerto Rico median More expensive than 91% of counties in Puerto Rico$678
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Gurabo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $215,833 | $138,158 | $248,835 |
| Price Trend (Annual %) | 5.4% | 1.3% | 7.5% |
| Median Gross Rent | $678 | $578 | $1,407 |
| Rent Trend (Annual %) | 1.5% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Gurabo Municipio is about 56% higher than in Puerto Rico. Rent is about 17% 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 rising in Gurabo Municipio, up about 5.4% and 1.5% a year respectively. Home prices are changing faster.
Median rent in Gurabo Municipio rose about 15.7% between 2015 and 2024, from $586 to $678. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 5.1 yearly household incomes in Gurabo Municipio.
Buying the median-priced home in Gurabo Municipio costs roughly 26.5 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Gurabo Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Gurabo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $215,833 | $138,158 | $248,835 |
| Median Household Income | $42,530 | $26,331 | $80,455 |
| Price-to-Income Ratio | 5.1 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Gurabo Municipio rose about 22.9%, while median household income rose about 44.8% 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 | Gurabo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 68.0% | 53.7% | 58.5% |
| Rental Rate | 20.0% | 25.3% | 31.2% |
| Vacancy Rate | 12.0% | 21.0% | 10.2% |
| Median Tenure (years) | 22.0 | 24.0 | 15.0 |
| Median Year Moved In | 2004 | 2002 | 2011 |
Gurabo Municipio has a homeownership rate of 68.0%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 12.0%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Gurabo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.51 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1985 | 1980 | 1978 |
| Median Number of Rooms | 4.9 | 4.7 | 5.5 |
The typical housing unit in Gurabo Municipio was built around 1985. On average, 2.5 people live in a home with about 4.9 rooms, staying for about 22.0 years on average.
Gurabo Municipio, PR Housing Compared With Nearby Counties
Gurabo Municipio, PR is the 4th largest of the 5 counties compared here, 40,228 residents against a local median of 54,452. The measure that sets Gurabo Municipio, PR apart most is median home price: $215,833, 39% above the local median of $155,047.
The counties themselves spread $131,276 on median home price, so Gurabo Municipio, PR sits at one end of an already wide local range rather than apart from it. Gurabo Municipio, PR has the highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Gurabo Municipio, PR | 40,228 | $215,833 #1/5 | $678 #2/5 | 77.2% #1/5 |
| Trujillo Alto Municipio, PR | 67,088 | $166,992 | $693 | 74.5% |
| Juncos Municipio, PR | 36,814 | $76,612 | $577 | 70.4% |
| Caguas Municipio, PR | 125,585 | $143,103 | $659 | 67.1% |
| Canóvanas Municipio, PR | 41,816 | $207,888 | $567 | 72.7% |
Frequently Asked Questions
Common questions about the housing market in Gurabo Municipio, Puerto Rico.
What is the median home price in Gurabo Municipio, Puerto Rico?
The median home price in Gurabo Municipio, Puerto Rico is $215,833, higher than the Puerto Rico average of $138,158.
What is the average home price in Gurabo Municipio, Puerto Rico?
The typical home price in Gurabo Municipio, Puerto Rico, reported as the median sale price, is $215,833. 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 Gurabo Municipio, Puerto Rico?
The median gross rent in Gurabo Municipio, Puerto Rico is $678 per month, higher than the Puerto Rico average of $578.
What was the median gross rent in Gurabo Municipio in 2020?
In 2020, the median gross rent in Gurabo Municipio, Puerto Rico was $645 per month.
What is the price-to-rent ratio in Gurabo Municipio, Puerto Rico?
The price-to-rent ratio in Gurabo Municipio, Puerto Rico is about 26.5, meaning it would take roughly 26.5 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Gurabo Municipio.
Are home prices or rent rising faster in Gurabo Municipio, Puerto Rico?
Both home prices and rent are rising in Gurabo Municipio, up about 5.4% and 1.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in Gurabo Municipio, Puerto Rico?
68.0% of households in Gurabo Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Gurabo Municipio, Puerto Rico?
The housing vacancy rate in Gurabo Municipio, Puerto Rico is 12.0%, lower than the Puerto Rico average of 21.0%.
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