housing costs · Puerto Rico
Housing costs in Lares Municipio
What it costs to live here: rent, home values and the share of income rent takes.
Median gross rent
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $505 | ± $24 | evidence → |
| 2019–2023 | $493 | ± $25 | evidence → |
| 2018–2022 | $479 | ± $24 | evidence → |
| 2017–2021 | $453 | ± $22 | evidence → |
Median home value
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | $105,100 | ± $5,828 | evidence → |
| 2019–2023 | $102,200 | ± $5,835 | evidence → |
| 2018–2022 | $97,100 | ± $2,742 | evidence → |
| 2017–2021 | $87,500 | ± $1,935 | evidence → |
Rent as share of income
| Survey period | Value | Margin of error | Source |
|---|---|---|---|
| 2020–2024 | 30.6 % | ± 4.2 % | evidence → |
| 2019–2023 | 30.9 % | ± 4.9 % | evidence → |
| 2018–2022 | 33.8 % | ± 5.2 % | evidence → |
| 2017–2021 | 33.8 % | ± 5.2 % | evidence → |
In context
Median rent in Lares Municipio is $505, below the Puerto Rico median of $534 across 78 counties (2020–2024).
American Community Survey, five-year estimates. Each release covers five years, so consecutive releases overlap by four of them — a change from one release to the next is damped, and reading them as annual values understates swings. Margins of error are at 90 % confidence and are wide in sparsely populated counties.