Average Rent in Ponce, PR↑ Rents rising 12.4% YoY🔺 3rd priciest in PR

Ponce, PR has rental prices ranging from $512/month to $894/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $532/month — 62% below the national average of $1,400/month. With a median household income of $20,646/year, spending $532/month on a 1-bedroom represents 31% of gross income — at the boundary of affordability.

How Ponce Compares

With an average 2-bedroom rent of $589/month, Ponce ranks #3 most expensive of the 16 cities tracked in PR — more affordable than 100% of all US cities in our data.

The Ponce Rental Market

The Ponce, PR area has a population of about 273,739 and 29% of households renting rather than owning. That renter share runs below the US average of ~34%, a more homeowner-heavy market where rental inventory can be limited.

Rent Trends

2-bedroom rents in Ponce, PR have risen by $65/month (12.4%) over the past year, from $524 to $589. This rate of increase is significant and reflects strong rental demand and limited housing supply in the local market.

Affordability

To afford a 1-bedroom apartment in Ponce, PR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $21,280. The local median household income of $20,646 falls $634 short of that threshold, meaning many residents in Ponce are housing cost-burdened by conventional measures.

Is Ponce, PR Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Rent or Buy in Ponce?

Break-even analysis and mortgage estimates based on local market data.

Living in Ponce

Cost of living, job market, crime rates, and moving cost estimates.