Naguabo Municipio, Puerto Rico Housing Market Prices
Naguabo 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 35% below the Puerto Rico median Cheaper than 75% of counties in Puerto Rico$89,166
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Median rent 9% below the Puerto Rico median$527
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Naguabo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $89,166 | $138,158 | $248,835 |
| Price Trend (Annual %) | 2.6% | 1.3% | 7.5% |
| Median Gross Rent | $527 | $578 | $1,407 |
| Rent Trend (Annual %) | 3.3% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Naguabo Municipio is about 35% lower than in Puerto Rico. Rent is about 9% 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 Naguabo Municipio, up about 2.6% and 3.3% a year respectively. Rent is changing faster.
Median rent in Naguabo Municipio rose about 26.4% between 2015 and 2024, from $417 to $527. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 3.7 yearly household incomes in Naguabo Municipio.
Buying the median-priced home in Naguabo Municipio costs roughly 14.1 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 Naguabo Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Naguabo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $89,166 | $138,158 | $248,835 |
| Median Household Income | $23,904 | $26,331 | $80,455 |
| Price-to-Income Ratio | 3.7 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Naguabo Municipio rose about 0.6%, while median household income rose about 44.0% 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 | Naguabo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.8% | 53.7% | 58.5% |
| Rental Rate | 19.8% | 25.3% | 31.2% |
| Vacancy Rate | 26.3% | 21.0% | 10.2% |
| Median Tenure (years) | 24.0 | 24.0 | 15.0 |
| Median Year Moved In | 2002 | 2002 | 2011 |
Naguabo Municipio has a homeownership rate of 53.8%, about the same as the Puerto Rico average of 53.7%. Its housing vacancy rate is 26.3%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Naguabo Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.66 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1986 | 1980 | 1978 |
| Median Number of Rooms | 4.1 | 4.7 | 5.5 |
The typical housing unit in Naguabo Municipio was built around 1986. On average, 2.7 people live in a home with about 4.1 rooms, staying for about 24.0 years on average.
Naguabo Municipio, PR Housing Compared With Nearby Counties
Naguabo Municipio, PR is the smallest of the 4 counties compared here, 23,054 residents against a local median of 46,051. Naguabo Municipio, PR's median home price, at $89,166, runs 43% below the $157,366 typical of the counties around it.
The counties themselves spread $195,262 on median home price, so Naguabo Municipio, PR sits at one end of an already wide local range rather than apart from it. Naguabo Municipio, PR has the 3rd highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Naguabo Municipio, PR | 23,054 | $89,166 #3/4 | $527 #4/4 | 73.1% #2/4 |
| Humacao Municipio, PR | 50,100 | $271,875 | $568 | 74.2% |
| Juncos Municipio, PR | 36,814 | $76,612 | $577 | 70.4% |
| RÃo Grande Municipio, PR | 46,051 | $157,366 | $585 | 71.1% |
Frequently Asked Questions
Common questions about the housing market in Naguabo Municipio, Puerto Rico.
What is the median home price in Naguabo Municipio, Puerto Rico?
The median home price in Naguabo Municipio, Puerto Rico is $89,166, lower than the Puerto Rico average of $138,158.
What is the average home price in Naguabo Municipio, Puerto Rico?
The typical home price in Naguabo Municipio, Puerto Rico, reported as the median sale price, is $89,166. 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 Naguabo Municipio, Puerto Rico?
The median gross rent in Naguabo Municipio, Puerto Rico is $527 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Naguabo Municipio in 2020?
In 2020, the median gross rent in Naguabo Municipio, Puerto Rico was $462 per month.
What is the price-to-rent ratio in Naguabo Municipio, Puerto Rico?
The price-to-rent ratio in Naguabo Municipio, Puerto Rico is about 14.1, meaning it would take roughly 14.1 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 Naguabo Municipio.
Are home prices or rent rising faster in Naguabo Municipio, Puerto Rico?
Both home prices and rent are rising in Naguabo Municipio, up about 2.6% and 3.3% a year respectively. Rent is changing faster.
What is the homeownership rate in Naguabo Municipio, Puerto Rico?
53.8% of households in Naguabo Municipio, Puerto Rico own their home, about the same as the Puerto Rico average.
What is the vacancy rate in Naguabo Municipio, Puerto Rico?
The housing vacancy rate in Naguabo Municipio, Puerto Rico is 26.3%, higher than the Puerto Rico average of 21.0%.
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