Sabana Grande Municipio, Puerto Rico Housing Market Prices
Sabana Grande 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 3% below the Puerto Rico median$133,437
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Median rent 20% below the Puerto Rico median Cheaper than 88% of counties in Puerto Rico$463
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Sabana Grande Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $133,437 | $138,158 | $248,835 |
| Price Trend (Annual %) | 3.1% | 1.3% | 7.5% |
| Median Gross Rent | $463 | $578 | $1,407 |
| Rent Trend (Annual %) | 1.2% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Sabana Grande Municipio is about 3% 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
Both home prices and rent are rising in Sabana Grande Municipio, up about 3.1% and 1.2% a year respectively. Home prices are changing faster.
Median rent in Sabana Grande Municipio rose about 10.3% between 2015 and 2024, from $420 to $463. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 6.1 yearly household incomes in Sabana Grande Municipio.
Buying the median-priced home in Sabana Grande Municipio costs roughly 24.0 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 Sabana Grande Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Sabana Grande Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $133,437 | $138,158 | $248,835 |
| Median Household Income | $21,973 | $26,331 | $80,455 |
| Price-to-Income Ratio | 6.1 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Sabana Grande Municipio rose about 35.5%, while median household income rose about 30.9% between 2009 and 2025 — the home price grew faster than income.
Income Growth vs Housing Cost Growth (Year-over-Year %)
Compare income and housing cost trends.
Occupancy & Tenure
| Metric | Sabana Grande Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 54.3% | 53.7% | 58.5% |
| Rental Rate | 16.8% | 25.3% | 31.2% |
| Vacancy Rate | 28.9% | 21.0% | 10.2% |
| Median Tenure (years) | 30.0 | 24.0 | 15.0 |
| Median Year Moved In | 1996 | 2002 | 2011 |
Sabana Grande Municipio has a homeownership rate of 54.3%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 28.9%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Sabana Grande Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.77 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1983 | 1980 | 1978 |
| Median Number of Rooms | 4.8 | 4.7 | 5.5 |
The typical housing unit in Sabana Grande Municipio was built around 1983. On average, 2.8 people live in a home with about 4.8 rooms, staying for about 30.0 years on average.
Sabana Grande Municipio, PR Housing Compared With Nearby Counties
Sabana Grande Municipio, PR is typical in size for this group, 22,360 residents against a local median of 23,035, so the measures below are close to a like for like comparison. There is no headline here. Every measure below sits within 15% of the median across the nearest counties, which makes Sabana Grande Municipio, PR an unremarkable member of its own neighbourhood rather than an outlier in it.
The largest of those small differences is homeownership, 9% above the local median at 76.4% against 69.8%. Sabana Grande Municipio, PR has the highest homeownership of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Sabana Grande Municipio, PR | 22,360 | $133,437 #2/4 | $463 #3/4 | 76.4% #1/4 |
| Yauco Municipio, PR | 33,024 | $113,555 | $551 | 73.1% |
| Guánica Municipio, PR | 12,849 | $332,702 | $348 | 68.7% |
| Lajas Municipio, PR | 23,035 | $122,827 | $478 | 69.8% |
Frequently Asked Questions
Common questions about the housing market in Sabana Grande Municipio, Puerto Rico.
What is the median home price in Sabana Grande Municipio, Puerto Rico?
The median home price in Sabana Grande Municipio, Puerto Rico is $133,437, lower than the Puerto Rico average of $138,158.
What is the average home price in Sabana Grande Municipio, Puerto Rico?
The typical home price in Sabana Grande Municipio, Puerto Rico, reported as the median sale price, is $133,437. 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 Sabana Grande Municipio, Puerto Rico?
The median gross rent in Sabana Grande Municipio, Puerto Rico is $463 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Sabana Grande Municipio in 2020?
In 2020, the median gross rent in Sabana Grande Municipio, Puerto Rico was $427 per month.
What is the price-to-rent ratio in Sabana Grande Municipio, Puerto Rico?
The price-to-rent ratio in Sabana Grande Municipio, Puerto Rico is about 24.0, meaning it would take roughly 24.0 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 Sabana Grande Municipio.
Are home prices or rent rising faster in Sabana Grande Municipio, Puerto Rico?
Both home prices and rent are rising in Sabana Grande Municipio, up about 3.1% and 1.2% a year respectively. Home prices are changing faster.
What is the homeownership rate in Sabana Grande Municipio, Puerto Rico?
54.3% of households in Sabana Grande Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Sabana Grande Municipio, Puerto Rico?
The housing vacancy rate in Sabana Grande Municipio, Puerto Rico is 28.9%, higher than the Puerto Rico average of 21.0%.
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