LoÃza Municipio, Puerto Rico Housing Market Prices
LoÃza 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 32% below the Puerto Rico median$94,444
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Median rent 20% below the Puerto Rico median Cheaper than 87% of counties in Puerto Rico$464
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | LoÃza Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $94,444 | $138,158 | $248,835 |
| Price Trend (Annual %) | -1.9% | 1.3% | 7.5% |
| Median Gross Rent | $464 | $578 | $1,407 |
| Rent Trend (Annual %) | 1.6% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in LoÃza Municipio is about 32% lower than in Puerto Rico. Rent is about 20% lower than the Puerto Rico average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in LoÃza Municipio: home prices fell about 1.9% a year while rent rose about 1.6% a year. That is an unusual pattern worth watching.
Median rent in LoÃza Municipio rose about 1.9% between 2015 and 2024, from $455 to $464. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 3.9 yearly household incomes in LoÃza Municipio.
Buying the median-priced home in LoÃza Municipio costs roughly 17.0 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 LoÃza Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | LoÃza Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $94,444 | $138,158 | $248,835 |
| Median Household Income | $24,247 | $26,331 | $80,455 |
| Price-to-Income Ratio | 3.9 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in LoÃza Municipio fell about 22.6%, while median household income rose about 16.1% 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 | LoÃza Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.0% | 53.7% | 58.5% |
| Rental Rate | 23.2% | 25.3% | 31.2% |
| Vacancy Rate | 22.9% | 21.0% | 10.2% |
| Median Tenure (years) | 24.0 | 24.0 | 15.0 |
| Median Year Moved In | 2002 | 2002 | 2011 |
LoÃza Municipio has a homeownership rate of 54.0%, about the same as the Puerto Rico average of 53.7%. Its housing vacancy rate is 22.9%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | LoÃza Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.50 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1978 | 1980 | 1978 |
| Median Number of Rooms | 4.2 | 4.7 | 5.5 |
The typical housing unit in LoÃza Municipio was built around 1978. On average, 2.5 people live in a home with about 4.2 rooms, staying for about 24.0 years on average.
LoÃza Municipio, PR Housing Compared With Nearby Counties
LoÃza Municipio, PR is the smallest of the 6 counties compared here, 22,768 residents against a local median of 67,088. Where LoÃza Municipio, PR breaks from the counties next to it is median home price, sitting 43% below the local median of $166,992 at $94,444.
Median rent tells the same story from another angle: $464 against a local median of $611, 24% below it. The counties themselves spread $64,383 on median home price, so LoÃza Municipio, PR sits at one end of an already wide local range rather than apart from it. LoÃza Municipio, PR has the 6th highest median home price of the 6 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| LoÃza Municipio, PR | 22,768 | $94,444 #6/6 | $464 #6/6 | 69.9% #4/6 |
| Carolina Municipio, PR | 152,197 | $143,505 | $677 | 68.0% |
| Canóvanas Municipio, PR | 41,816 | $207,888 | $567 | 72.7% |
| RÃo Grande Municipio, PR | 46,051 | $157,366 | $585 | 71.1% |
| Trujillo Alto Municipio, PR | 67,088 | $166,992 | $693 | 74.5% |
| San Juan Municipio, PR | 333,472 | $176,034 | $611 | 52.8% |
Frequently Asked Questions
Common questions about the housing market in LoÃza Municipio, Puerto Rico.
What is the median home price in LoÃza Municipio, Puerto Rico?
The median home price in LoÃza Municipio, Puerto Rico is $94,444, lower than the Puerto Rico average of $138,158.
What is the average home price in LoÃza Municipio, Puerto Rico?
The typical home price in LoÃza Municipio, Puerto Rico, reported as the median sale price, is $94,444. 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 LoÃza Municipio, Puerto Rico?
The median gross rent in LoÃza Municipio, Puerto Rico is $464 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in LoÃza Municipio in 2020?
In 2020, the median gross rent in LoÃza Municipio, Puerto Rico was $421 per month.
What is the price-to-rent ratio in LoÃza Municipio, Puerto Rico?
The price-to-rent ratio in LoÃza Municipio, Puerto Rico is about 17.0, meaning it would take roughly 17.0 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 LoÃza Municipio.
Are home prices or rent rising faster in LoÃza Municipio, Puerto Rico?
Home prices and rent are moving in opposite directions in LoÃza Municipio: home prices fell about 1.9% a year while rent rose about 1.6% a year. That is an unusual pattern worth watching.
What is the homeownership rate in LoÃza Municipio, Puerto Rico?
54.0% of households in LoÃza Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in LoÃza Municipio, Puerto Rico?
The housing vacancy rate in LoÃza Municipio, Puerto Rico is 22.9%, higher than the Puerto Rico average of 21.0%.
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