Humacao Municipio, Puerto Rico Housing Market Prices
Humacao 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 97% above the Puerto Rico median More expensive than 94% of counties in Puerto Rico$271,875
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Median rent 2% below the Puerto Rico median$568
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Humacao Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $271,875 | $138,158 | $248,835 |
| Price Trend (Annual %) | 9.2% | 1.3% | 7.5% |
| Median Gross Rent | $568 | $578 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Humacao Municipio is about 97% higher than in Puerto Rico. Rent is about 2% 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 Humacao Municipio, up about 9.2% and 3.3% a year respectively. Home prices are changing faster.
Median rent in Humacao Municipio rose about 21.9% between 2015 and 2024, from $466 to $568. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 9.9 yearly household incomes in Humacao Municipio.
Buying the median-priced home in Humacao Municipio costs roughly 39.9 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 Humacao Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Humacao Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $271,875 | $138,158 | $248,835 |
| Median Household Income | $27,420 | $26,331 | $80,455 |
| Price-to-Income Ratio | 9.9 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Humacao Municipio rose about 56.0%, while median household income rose about 39.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Humacao Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.1% | 53.7% | 58.5% |
| Rental Rate | 18.9% | 25.3% | 31.2% |
| Vacancy Rate | 27.0% | 21.0% | 10.2% |
| Median Tenure (years) | 24.0 | 24.0 | 15.0 |
| Median Year Moved In | 2002 | 2002 | 2011 |
Humacao Municipio has a homeownership rate of 54.1%, about the same as the Puerto Rico average of 53.7%. Its housing vacancy rate is 27.0%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Humacao Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.44 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1986 | 1980 | 1978 |
| Median Number of Rooms | 4.2 | 4.7 | 5.5 |
The typical housing unit in Humacao Municipio was built around 1986. On average, 2.4 people live in a home with about 4.2 rooms, staying for about 24.0 years on average.
Humacao Municipio, PR Housing Compared With Nearby Counties
How Humacao Municipio, PR compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Humacao Municipio, PR | 50,100 | $271,875 #1/3 | $568 #2/3 | 74.2% #1/3 |
| Naguabo Municipio, PR | 23,054 | $89,166 | $527 | 73.1% |
| Juncos Municipio, PR | 36,814 | $76,612 | $577 | 70.4% |
Frequently Asked Questions
Common questions about the housing market in Humacao Municipio, Puerto Rico.
What is the median home price in Humacao Municipio, Puerto Rico?
The median home price in Humacao Municipio, Puerto Rico is $271,875, higher than the Puerto Rico average of $138,158.
What is the average home price in Humacao Municipio, Puerto Rico?
The typical home price in Humacao Municipio, Puerto Rico, reported as the median sale price, is $271,875. 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 Humacao Municipio, Puerto Rico?
The median gross rent in Humacao Municipio, Puerto Rico is $568 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Humacao Municipio in 2020?
In 2020, the median gross rent in Humacao Municipio, Puerto Rico was $432 per month.
What is the price-to-rent ratio in Humacao Municipio, Puerto Rico?
The price-to-rent ratio in Humacao Municipio, Puerto Rico is about 39.9, meaning it would take roughly 39.9 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 Humacao Municipio.
Are home prices or rent rising faster in Humacao Municipio, Puerto Rico?
Both home prices and rent are rising in Humacao Municipio, up about 9.2% and 3.3% a year respectively. Home prices are changing faster.
What is the homeownership rate in Humacao Municipio, Puerto Rico?
54.1% of households in Humacao Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Humacao Municipio, Puerto Rico?
The housing vacancy rate in Humacao Municipio, Puerto Rico is 27.0%, higher than the Puerto Rico average of 21.0%.
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