Vieques Municipio, Puerto Rico Housing Market Prices
Vieques 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 91% above the Puerto Rico median More expensive than 92% of counties in Puerto Rico$263,281
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Median rent 26% below the Puerto Rico median Among the top 5 cheapest counties in Puerto Rico$429
Median Home Price Map: Nearby Counties
Housing Market Overview
| Metric | Vieques Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $263,281 | $138,158 | $248,835 |
| Price Trend (Annual %) | 9.0% | 1.3% | 7.5% |
| Median Gross Rent | $429 | $578 | $1,407 |
| Rent Trend (Annual %) | -3.6% | 2.9% | 5.1% |
| Household Income Trend (Annual %) | — | — | — |
The median home price in Vieques Municipio is about 91% higher than in Puerto Rico. Rent is about 26% lower than the Puerto Rico average.
Median Home and Rent Price Trends
Median Home Prices, 2015-2024
Median Rent Prices, 2015-2024
Home prices and rent are moving in opposite directions in Vieques Municipio: home prices rose about 9.0% a year while rent fell about 3.6% a year. That is an unusual pattern worth watching.
Median rent in Vieques Municipio fell about 27.2% between 2015 and 2024, from $589 to $429. Over the same span, rent in Puerto Rico rose about 26.7%.
Affordability
On average, housing unit costs 13.3 yearly household incomes in Vieques Municipio.
Buying the median-priced home in Vieques Municipio costs roughly 51.1 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 Vieques Municipio. The price-to-rent ratio in Puerto Rico is about 19.9.
| Metric | Vieques Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Median Home Price | $263,281 | $138,158 | $248,835 |
| Median Household Income | $19,817 | $26,331 | $80,455 |
| Price-to-Income Ratio | 13.3 | 5.2 | 3.1 |
Home Prices vs Income Over Time
Between 2015 and 2024, the median home price in Vieques Municipio rose about 80.7%, while median household income rose about 20.8% 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 | Vieques Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Homeownership Rate | 37.9% | 53.7% | 58.5% |
| Rental Rate | 18.9% | 25.3% | 31.2% |
| Vacancy Rate | 43.2% | 21.0% | 10.2% |
| Median Tenure (years) | 26.0 | 24.0 | 15.0 |
| Median Year Moved In | 2000 | 2002 | 2011 |
Vieques Municipio has a homeownership rate of 37.9%, lower than the Puerto Rico average of 53.7%. Its housing vacancy rate is 43.2%, compared with 21.0% in Puerto Rico.
Housing Stock
| Metric | Vieques Municipio | Puerto Rico Avg | US Average |
|---|---|---|---|
| Average Household Size | 2.59 people | 2.47 people | 2.53 people |
| Median Structure Built Year | 1987 | 1980 | 1978 |
| Median Number of Rooms | 4.0 | 4.7 | 5.5 |
The typical housing unit in Vieques Municipio was built around 1987. On average, 2.6 people live in a home with about 4.0 rooms, staying for about 26.0 years on average.
Vieques Municipio, PR Housing Compared With Nearby Counties
Vieques Municipio, PR is the smallest of the 5 counties compared here, 8,078 residents against a local median of 27,271. The measure that sets Vieques Municipio, PR apart most is median home price: $263,281, 116% above the local median of $121,770.
Median rent tells the same story from another angle: $429 against a local median of $553, 22% below it. The counties themselves spread $182,709 on median home price, so Vieques Municipio, PR sits at one end of an already wide local range rather than apart from it. Vieques Municipio, PR has the 2nd highest median home price of the 5 areas compared here.
| Area | Population | Median home price | Median rent | Homeownership |
|---|---|---|---|---|
| Vieques Municipio, PR | 8,078 | $263,281 #2/5 | $429 #5/5 | 66.8% #4/5 |
| Ceiba Municipio, PR | 10,995 | $105,625 | $538 | 75.5% |
| Fajardo Municipio, PR | 31,489 | $137,916 | $624 | 66.7% |
| Naguabo Municipio, PR | 23,054 | $89,166 | $527 | 73.1% |
| Humacao Municipio, PR | 50,100 | $271,875 | $568 | 74.2% |
Frequently Asked Questions
Common questions about the housing market in Vieques Municipio, Puerto Rico.
What is the median home price in Vieques Municipio, Puerto Rico?
The median home price in Vieques Municipio, Puerto Rico is $263,281, higher than the Puerto Rico average of $138,158.
What is the average home price in Vieques Municipio, Puerto Rico?
The typical home price in Vieques Municipio, Puerto Rico, reported as the median sale price, is $263,281. 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 Vieques Municipio, Puerto Rico?
The median gross rent in Vieques Municipio, Puerto Rico is $429 per month, lower than the Puerto Rico average of $578.
What was the median gross rent in Vieques Municipio in 2020?
In 2020, the median gross rent in Vieques Municipio, Puerto Rico was $607 per month.
What is the price-to-rent ratio in Vieques Municipio, Puerto Rico?
The price-to-rent ratio in Vieques Municipio, Puerto Rico is about 51.1, meaning it would take roughly 51.1 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 Vieques Municipio.
Are home prices or rent rising faster in Vieques Municipio, Puerto Rico?
Home prices and rent are moving in opposite directions in Vieques Municipio: home prices rose about 9.0% a year while rent fell about 3.6% a year. That is an unusual pattern worth watching.
What is the homeownership rate in Vieques Municipio, Puerto Rico?
37.9% of households in Vieques Municipio, Puerto Rico own their home, lower than the Puerto Rico average of 53.7%.
What is the vacancy rate in Vieques Municipio, Puerto Rico?
The housing vacancy rate in Vieques Municipio, Puerto Rico is 43.2%, higher than the Puerto Rico average of 21.0%.
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