San Germán Municipio, Puerto Rico Housing Market Prices
San Germán 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 286% above the Puerto Rico median Among the 3 most expensive counties in Puerto Rico$532,895
-
Median rent 17% below the Puerto Rico median Cheaper than 78% of counties in Puerto Rico$481
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | San Germán Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $532,895 | $138,158 | $248,835 |
| Price Trend (Annual %) | 42.5% | 1.3% | 7.5% |
| Median Gross Rent | $481 | $578 | $1,407 |
| Rent Trend (Annual %) | 3.5% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in San Germán Municipio is about 286% higher than in Puerto Rico. Rent is about 17% 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 San Germán Municipio, up about 42.5% and 3.5% a year respectively. Home prices are changing faster.
Median rent in San Germán Municipio rose about 34.5% between 2015 and 2024, from $357 to $481. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 29.0 yearly household incomes in San Germán Municipio.
Buying the median-priced home in San Germán Municipio costs roughly 92.3 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 San Germán Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | San Germán Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $532,895 | $138,158 | $248,835 |
| Median Household Income | $18,359 | $26,331 | $80,455 |
| Price-to-Income Ratio | 29.0 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in San Germán Municipio rose about 608.8%, while median household income rose about 21.1% 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 | San Germán Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 47.4% | 53.7% | 58.5% |
| Rental Rate | 25.5% | 25.3% | 31.2% |
| Vacancy Rate | 27.0% | 21.0% | 10.2% |
| Median Tenure (years) | 27.0 | 24.0 | 15.0 |
| Median Year Moved In | 1999 | 2002 | 2011 |
San Germán Municipio has a homeownership rate of 47.4%, lower than the Puerto Rico average of 53.7%. Its housing vacancy rate is 27.0%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | San Germán Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.61 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1981 | 1980 | 1978 |
| Median Number of Rooms | 4.1 | 4.7 | 5.5 |
The typical housing unit in San Germán Municipio was built around 1981. On average, 2.6 people live in a home with about 4.1 rooms, staying for about 27.0 years on average.
San Germán Municipio, PR Housing Compared With Nearby Counties
How San Germán Municipio, PR compares with the 2 counties closest to it.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| San Germán Municipio, PR | 31,300 | $532,895 #1/3 | $481 #1/3 | 65.0% #3/3 |
| Sabana Grande Municipio, PR | 22,360 | $133,437 | $463 | 76.4% |
| Lajas Municipio, PR | 23,035 | $122,827 | $478 | 69.8% |
Frequently Asked Questions
Common questions about the housing market in San Germán Municipio, Puerto Rico.
What is the median home price in San Germán Municipio, Puerto Rico?
The median home price in San Germán Municipio, Puerto Rico is $532,895, higher than the Puerto Rico average of $138,158.
What is the average home price in San Germán Municipio, Puerto Rico?
The typical home price in San Germán Municipio, Puerto Rico, reported as the median sale price, is $532,895. 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 San Germán Municipio, Puerto Rico?
The median gross rent in San Germán Municipio, Puerto Rico is $481 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in San Germán Municipio in 2020?
In 2020, the median gross rent in San Germán Municipio, Puerto Rico was $411 per month.
What is the price-to-rent ratio in San Germán Municipio, Puerto Rico?
The price-to-rent ratio in San Germán Municipio, Puerto Rico is about 92.3, meaning it would take roughly 92.3 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 San Germán Municipio.
Are home prices or rent rising faster in San Germán Municipio, Puerto Rico?
Both home prices and rent are rising in San Germán Municipio, up about 42.5% and 3.5% a year respectively. Home prices are changing faster.
What is the homeownership rate in San Germán Municipio, Puerto Rico?
47.4% of households in San Germán Municipio, Puerto Rico own their home, lower than the Puerto Rico average of 53.7%.
What is the vacancy rate in San Germán Municipio, Puerto Rico?
The housing vacancy rate in San Germán Municipio, Puerto Rico is 27.0%, 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 →