Las MarÃas Municipio, Puerto Rico Housing Market Prices
Las MarÃas 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 67% below the Puerto Rico median Among the top 5 cheapest counties in Puerto Rico$46,249
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Median rent 29% below the Puerto Rico median Among the top 3 cheapest counties in Puerto Rico$412
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Las MarÃas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $46,249 | $138,158 | $248,835 |
| Price Trend (Annual %) | -4.5% | 1.3% | 7.5% |
| Median Gross Rent | $412 | $578 | $1,407 |
| Rent Trend (Annual %) | 4.8% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Las MarÃas Municipio is about 67% lower than in Puerto Rico. Rent is about 29% lower than the Puerto Rico average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2021
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Las MarÃas Municipio: home prices fell about 4.5% a year while rent rose about 4.8% a year. That is an unusual pattern worth watching.
Median rent in Las MarÃas Municipio rose about 44.0% between 2015 and 2024, from $286 to $412. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 2.8 yearly household incomes in Las MarÃas Municipio.
Buying the median-priced home in Las MarÃas Municipio costs roughly 9.4 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 Las MarÃas Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Las MarÃas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $46,249 | $138,158 | $248,835 |
| Median Household Income | $16,479 | $26,331 | $80,455 |
| Price-to-Income Ratio | 2.8 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2021, the median home price in Las MarÃas Municipio fell about 63.8%, while median household income rose about 10.5% 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 | Las MarÃas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 55.2% | 53.7% | 58.5% |
| Rental Rate | 19.7% | 25.3% | 31.2% |
| Vacancy Rate | 25.1% | 21.0% | 10.2% |
| Median Tenure (years) | 26.0 | 24.0 | 15.0 |
| Median Year Moved In | 2000 | 2002 | 2011 |
Las MarÃas Municipio has a homeownership rate of 55.2%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 25.1%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Las MarÃas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.81 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1982 | 1980 | 1978 |
| Median Number of Rooms | 4.0 | 4.7 | 5.5 |
The typical housing unit in Las MarÃas Municipio was built around 1982. On average, 2.8 people live in a home with about 4.0 rooms, staying for about 26.0 years on average.
Las MarÃas Municipio, PR Housing Compared With Nearby Counties
Las MarÃas Municipio, PR is the smallest of the 4 counties compared here, 8,744 residents against a local median of 27,856. Where Las MarÃas Municipio, PR breaks from the counties next to it is median home price, sitting 71% below the local median of $160,784 at $46,249.
Median rent tells the same story from another angle: $412 against a local median of $508, 19% below it. The counties themselves spread $128,805 on median home price, so Las MarÃas Municipio, PR sits at one end of an already wide local range rather than apart from it. Las MarÃas Municipio, PR has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Las MarÃas Municipio, PR | 8,744 | $46,249 #4/4 | $412 #4/4 | 73.7% #2/4 |
| San Sebastián Municipio, PR | 39,088 | $195,252 | $508 | 74.7% |
| Lares Municipio, PR | 27,856 | $66,448 | $505 | 63.0% |
| Añasco Municipio, PR | 25,094 | $160,784 | $575 | 71.2% |
Frequently Asked Questions
Common questions about the housing market in Las MarÃas Municipio, Puerto Rico.
What is the median home price in Las MarÃas Municipio, Puerto Rico?
The median home price in Las MarÃas Municipio, Puerto Rico is $46,249, lower than the Puerto Rico average of $138,158.
What is the average home price in Las MarÃas Municipio, Puerto Rico?
The typical home price in Las MarÃas Municipio, Puerto Rico, reported as the median sale price, is $46,249. 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 Las MarÃas Municipio, Puerto Rico?
The median gross rent in Las MarÃas Municipio, Puerto Rico is $412 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Las MarÃas Municipio in 2020?
In 2020, the median gross rent in Las MarÃas Municipio, Puerto Rico was $275 per month.
What is the price-to-rent ratio in Las MarÃas Municipio, Puerto Rico?
The price-to-rent ratio in Las MarÃas Municipio, Puerto Rico is about 9.4, meaning it would take roughly 9.4 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 Las MarÃas Municipio.
Are home prices or rent rising faster in Las MarÃas Municipio, Puerto Rico?
Home prices and rent are moving in opposite directions in Las MarÃas Municipio: home prices fell about 4.5% a year while rent rose about 4.8% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Las MarÃas Municipio, Puerto Rico?
55.2% of households in Las MarÃas Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Las MarÃas Municipio, Puerto Rico?
The housing vacancy rate in Las MarÃas Municipio, Puerto Rico is 25.1%, higher than the Puerto Rico average of 21.0%.
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