Ponce Municipio, Puerto Rico Housing Market Prices
Ponce 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 21% below the Puerto Rico median$108,884
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Median rent 7% below the Puerto Rico median$535
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Ponce Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $108,884 | $138,158 | $248,835 |
| Price Trend (Annual %) | 2.2% | 1.3% | 7.5% |
| Median Gross Rent | $535 | $578 | $1,407 |
| Rent Trend (Annual %) | 4.2% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Ponce Municipio is about 21% lower 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
Median Rent Prices, 2015-2024
Both home prices and rent are rising in Ponce Municipio, up about 2.2% and 4.2% a year respectively. Rent is changing faster.
Median rent in Ponce Municipio rose about 39.0% between 2015 and 2024, from $385 to $535. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 5.5 yearly household incomes in Ponce Municipio.
Buying the median-priced home in Ponce 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 Ponce Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Ponce Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $108,884 | $138,158 | $248,835 |
| Median Household Income | $19,881 | $26,331 | $80,455 |
| Price-to-Income Ratio | 5.5 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Ponce Municipio rose about 10.0%, while median household income rose about 11.0% 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 | Ponce Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 53.9% | 53.7% | 58.5% |
| Rental Rate | 26.2% | 25.3% | 31.2% |
| Vacancy Rate | 19.9% | 21.0% | 10.2% |
| Median Tenure (years) | 25.0 | 24.0 | 15.0 |
| Median Year Moved In | 2001 | 2002 | 2011 |
Ponce Municipio has a homeownership rate of 53.9%, about the same as the Puerto Rico average of 53.7%. Its housing vacancy rate is 19.9%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Ponce Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.31 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1979 | 1980 | 1978 |
| Median Number of Rooms | 4.4 | 4.7 | 5.5 |
The typical housing unit in Ponce Municipio was built around 1979. On average, 2.3 people live in a home with about 4.4 rooms, staying for about 25.0 years on average.
Frequently Asked Questions
Common questions about the housing market in Ponce Municipio, Puerto Rico.
What is the median home price in Ponce Municipio, Puerto Rico?
The median home price in Ponce Municipio, Puerto Rico is $108,884, lower than the Puerto Rico average of $138,158.
What is the average home price in Ponce Municipio, Puerto Rico?
The typical home price in Ponce Municipio, Puerto Rico, reported as the median sale price, is $108,884. 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 Ponce Municipio, Puerto Rico?
The median gross rent in Ponce Municipio, Puerto Rico is $535 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Ponce Municipio in 2020?
In 2020, the median gross rent in Ponce Municipio, Puerto Rico was $394 per month.
What is the price-to-rent ratio in Ponce Municipio, Puerto Rico?
The price-to-rent ratio in Ponce 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 Ponce Municipio.
Are home prices or rent rising faster in Ponce Municipio, Puerto Rico?
Both home prices and rent are rising in Ponce Municipio, up about 2.2% and 4.2% a year respectively. Rent is changing faster.
What is the homeownership rate in Ponce Municipio, Puerto Rico?
53.9% of households in Ponce Municipio, Puerto Rico own their home, about the same as the Puerto Rico average.
What is the vacancy rate in Ponce Municipio, Puerto Rico?
The housing vacancy rate in Ponce Municipio, Puerto Rico is 19.9%, lower than the Puerto Rico average of 21.0%.
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