Salinas Municipio, Puerto Rico Housing Market Prices
Salinas 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 60% below the Puerto Rico median Cheaper than 90% of counties in Puerto Rico$55,908
-
Median rent 8% below the Puerto Rico median$529
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Salinas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,908 | $138,158 | $248,835 |
| Price Trend (Annual %) | 0.2% | 1.3% | 7.5% |
| Median Gross Rent | $529 | $578 | $1,407 |
| Rent Trend (Annual %) | 4.5% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Salinas Municipio is about 60% lower than in Puerto Rico. Rent is about 8% 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 Salinas Municipio, up about 0.2% and 4.5% a year respectively. Rent is changing faster.
Median rent in Salinas Municipio rose about 42.7% between 2015 and 2024, from $371 to $529. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 2.5 yearly household incomes in Salinas Municipio.
Buying the median-priced home in Salinas Municipio costs roughly 8.8 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 Salinas Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Salinas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $55,908 | $138,158 | $248,835 |
| Median Household Income | $22,464 | $26,331 | $80,455 |
| Price-to-Income Ratio | 2.5 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Salinas Municipio fell about 40.0%, while median household income rose about 56.2% 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 | Salinas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 59.9% | 53.7% | 58.5% |
| Rental Rate | 17.7% | 25.3% | 31.2% |
| Vacancy Rate | 22.4% | 21.0% | 10.2% |
| Median Tenure (years) | 22.0 | 24.0 | 15.0 |
| Median Year Moved In | 2004 | 2002 | 2011 |
Salinas Municipio has a homeownership rate of 59.9%, higher than the Puerto Rico average of 53.7%. Its housing vacancy rate is 22.4%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Salinas Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.31 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1983 | 1980 | 1978 |
| Median Number of Rooms | 4.6 | 4.7 | 5.5 |
The typical housing unit in Salinas Municipio was built around 1983. On average, 2.3 people live in a home with about 4.6 rooms, staying for about 22.0 years on average.
Salinas Municipio, PR Housing Compared With Nearby Counties
Salinas Municipio, PR is the 3rd largest of the 4 counties compared here, 25,079 residents against a local median of 35,297. Where Salinas Municipio, PR breaks from the counties next to it is median home price, sitting 59% below the local median of $136,250 at $55,909.
The counties themselves spread $244,792 on median home price, so Salinas Municipio, PR sits at one end of an already wide local range rather than apart from it. Salinas Municipio, PR has the 4th highest median home price of the 4 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Salinas Municipio, PR | 25,079 | $55,909 #4/4 | $529 #2/4 | 77.2% #2/4 |
| Guayama Municipio, PR | 35,297 | $136,250 | $436 | 68.3% |
| Santa Isabel Municipio, PR | 19,903 | $65,673 | $489 | 77.9% |
| Cayey Municipio, PR | 40,917 | $310,465 | $540 | 62.7% |
Frequently Asked Questions
Common questions about the housing market in Salinas Municipio, Puerto Rico.
What is the median home price in Salinas Municipio, Puerto Rico?
The median home price in Salinas Municipio, Puerto Rico is $55,909, lower than the Puerto Rico average of $138,158.
What is the average home price in Salinas Municipio, Puerto Rico?
The typical home price in Salinas Municipio, Puerto Rico, reported as the median sale price, is $55,909. 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 Salinas Municipio, Puerto Rico?
The median gross rent in Salinas Municipio, Puerto Rico is $529 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Salinas Municipio in 2020?
In 2020, the median gross rent in Salinas Municipio, Puerto Rico was $452 per month.
What is the price-to-rent ratio in Salinas Municipio, Puerto Rico?
The price-to-rent ratio in Salinas Municipio, Puerto Rico is about 8.8, meaning it would take roughly 8.8 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 Salinas Municipio.
Are home prices or rent rising faster in Salinas Municipio, Puerto Rico?
Both home prices and rent are rising in Salinas Municipio, up about 0.2% and 4.5% a year respectively. Rent is changing faster.
What is the homeownership rate in Salinas Municipio, Puerto Rico?
59.9% of households in Salinas Municipio, Puerto Rico own their home, higher than the Puerto Rico average of 53.7%.
What is the vacancy rate in Salinas Municipio, Puerto Rico?
The housing vacancy rate in Salinas Municipio, Puerto Rico is 22.4%, higher than the Puerto Rico average of 21.0%.
Analyze any area in the US
Get local demographics for any address, aggregated by drive time or radius, on the interactive map.
Explore the map →