Manatí Municipio, Puerto Rico Housing Market Prices

Manatí 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.

  • Median home price 5% above the Puerto Rico median
    $144,407
  • Median rent 7% below the Puerto Rico median
    $537

Median Home Price Map: Nearby Counties

Manatí Municipio
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Median home price

Housing Market Overview

Metric Manatí Municipio Puerto Rico Avg US Average
Median Home Price $144,407 $138,158 $248,835
Price Trend (Annual %) 4.4% 1.3% 7.5%
Median Gross Rent $537 $578 $1,407
Rent Trend (Annual %) 1.7% 2.9% 5.1%
Household Income Trend (Annual %) — — —

The median home price in Manatí Municipio is about 5% higher than in Puerto Rico. Rent is about 7% lower than the Puerto Rico average.

Median Home and Rent Price Trends

Median Home Prices, 2015-2024

Manatí Municipio
Puerto Rico
United States
Year Manatí Municipio Puerto Rico United States

Median Rent Prices, 2015-2024

Manatí Municipio
Puerto Rico
United States
Year Manatí Municipio Puerto Rico United States

Both home prices and rent are rising in Manatí Municipio, up about 4.4% and 1.7% a year respectively. Home prices are changing faster.

Median rent in Manatí Municipio rose about 17.6% between 2015 and 2024, from $456 to $537. Over the same span, rent in Puerto Rico rose about 26.7%.

Affordability

On average, housing unit costs 6.3 yearly household incomes in Manatí Municipio.

Buying the median-priced home in Manatí Municipio costs roughly 22.4 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 Manatí Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.

Metric Manatí Municipio Puerto Rico Avg US Average
Median Home Price $144,407 $138,158 $248,835
Median Household Income $22,833 $26,331 $80,455
Price-to-Income Ratio 6.3 5.2 3.1

Home Prices vs Income Over Time

Home Prices
Household Income

Between 2015 and 2024, the median home price in Manatí Municipio rose about 22.7%, while median household income rose about 32.1% 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.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Manatí Municipio Puerto Rico Avg US Average
Homeownership Rate 59.9% 53.7% 58.5%
Rental Rate 19.8% 25.3% 31.2%
Vacancy Rate 20.3% 21.0% 10.2%
Median Tenure (years) 24.0 24.0 15.0
Median Year Moved In 2002 2002 2011

Manatí Municipio has a homeownership rate of 59.9%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 20.3%, compared with 21.0% in Puerto Rico.

Housing Stock

Metric Manatí Municipio Puerto Rico Avg US Average
Average Household Size 2.49 people 2.47 people 2.53 people
Median Structure Built Year 1981 1980 1978
Median Number of Rooms 4.2 4.7 5.5

The typical housing unit in Manatí Municipio was built around 1981. On average, 2.5 people live in a home with about 4.2 rooms, staying for about 24.0 years on average.

Manatí Municipio, PR Housing Compared With Nearby Counties

Manatí Municipio, PR is the 2nd largest of the 4 counties compared here, 38,943 residents against a local median of 28,397. The measure that sets Manatí Municipio, PR apart most is median home price: $144,407, 27% above the local median of $113,309.

The counties themselves spread $61,703 on median home price, so Manatí Municipio, PR sits at one end of an already wide local range rather than apart from it. Manatí Municipio, PR has the 2nd highest median home price of the 4 areas compared here.

Area Population Median home price Median rent Homeownership
Manatí Municipio, PR 38,943 $144,407 #2/4 $537 #4/4 75.1% #1/4
Barceloneta Municipio, PR 22,487 $89,790 $581 74.1%
Vega Baja Municipio, PR 53,890 $113,309 $649 74.8%
Morovis Municipio, PR 28,397 $151,492 $618 73.5%

Frequently Asked Questions

Common questions about the housing market in Manatí Municipio, Puerto Rico.

What is the median home price in Manatí Municipio, Puerto Rico?

The median home price in Manatí Municipio, Puerto Rico is $144,407, higher than the Puerto Rico average of $138,158.

What is the average home price in Manatí Municipio, Puerto Rico?

The typical home price in Manatí Municipio, Puerto Rico, reported as the median sale price, is $144,407. 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 Manatí Municipio, Puerto Rico?

The median gross rent in Manatí Municipio, Puerto Rico is $537 per month, lower than the Puerto Rico average of $578.

What was the median gross rent in Manatí Municipio in 2020?

In 2020, the median gross rent in Manatí Municipio, Puerto Rico was $513 per month.

What is the price-to-rent ratio in Manatí Municipio, Puerto Rico?

The price-to-rent ratio in Manatí Municipio, Puerto Rico is about 22.4, meaning it would take roughly 22.4 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 Manatí Municipio.

Are home prices or rent rising faster in Manatí Municipio, Puerto Rico?

Both home prices and rent are rising in Manatí Municipio, up about 4.4% and 1.7% a year respectively. Home prices are changing faster.

What is the homeownership rate in Manatí Municipio, Puerto Rico?

59.9% of households in Manatí Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.

What is the vacancy rate in Manatí Municipio, Puerto Rico?

The housing vacancy rate in Manatí Municipio, Puerto Rico is 20.3%, lower than the Puerto Rico average of 21.0%.

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