Average Rent in Utuado Municipio, PR🔻 2nd cheapest in PR

Utuado Municipio, PR has rental prices ranging from $362/month to $576/month in 2021, depending on unit size. The typical 1-bedroom apartment rents for $373/month — 73% below the national average of $1,400/month. With a median household income of $17,624/year, spending $373/month on a 1-bedroom represents 25% of gross income — within the recommended 30% threshold.

How Utuado Municipio Compares

With an average 2-bedroom rent of $425/month, Utuado Municipio ranks #15 most expensive of the 16 cities tracked in PR — more affordable than 100% of all US cities in our data.

The Utuado Municipio Rental Market

The Utuado Municipio, PR area has a population of about 27,896 and 38% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in Utuado Municipio, PR have fallen by $1/month (0.2%) over the past year, from $426 to $425. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in Utuado Municipio, PR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $14,920. The local median household income of $17,624 exceeds that threshold by $2,704, making Utuado Municipio relatively accessible compared to local wages.

Is Utuado Municipio, PR Affordable?

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

Rent or Buy in Utuado Municipio?

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

Living in Utuado Municipio

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