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City · 9,122 residents · Cabo Rojo Municipio, Puerto Rico

Cabo Rojo , Puerto Rico

In Cabo Rojo, a typical home is worth $125,400 and typical rent is $575 a month. Compared with all of Cabo Rojo Municipio, typical household income is 8% lower.

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  • Typical home value

    $125,400

    About the same as the municipio

    5% below Puerto Rico

    • Cabo Rojo
    • Municipio
    • Puerto Rico

  • Typical rent

    $575a month

    3% below the municipio

    About the same as Puerto Rico

    • Cabo Rojo
    • Municipio
    • Puerto Rico

  • Typical household income

    $24,375a year

    8% below the municipio

    7% below Puerto Rico

    • Cabo Rojo
    • Municipio
    • Puerto Rico

  • Households that own their home

    76%

    1 points above the municipio

    9 points above Puerto Rico

    • Cabo Rojo
    • Municipio
    • Puerto Rico

Source: U.S. Census Bureau, Average 2020–2024

Cabo Rojo is in Cabo Rojo Municipio. The FHA loan limit ($541,287 for a one-unit home), the fair market rents and the help on this page are those of all of Cabo Rojo Municipio. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets Cabo Rojo apart

What this place has that others do not, from public data, most unusual first.

  1. Nearby, in San Germán, the typical rent is $395: 31% less than in Cabo Rojo ($575).

  2. Cabo Rojo has the 4th highest homeownership rate of the 54 cities in Puerto Rico with more than 5,000 people (76%).

Sources: U.S. Census Bureau (Average 2020–2024).

The homes here

Housing in Cabo Rojo

What homes there are in Cabo Rojo, what they cost, how that changed and how people live, from Census figures (2020–2024).

What homes there are

U.S. Census Bureau, ACS 5-year, 2020–2024

Kind of home

As in Cabo Rojo Municipio, most homes in Cabo Rojo are detached houses (88%).

Year built

The typical home in Cabo Rojo was built in 1977, 10 years before the typical one in Cabo Rojo Municipio.

All homes, occupied or empty. A figure the Census cannot measure precisely enough here is not shown.

Census tables: B25024, B25034, B25035, B25041

What it costs here

U.S. Census Bureau, ACS 5-year, 2020–2024

Value of owner-occupied homes
Monthly rent with utilities

With a mortgage

$797 a month

Cabo Rojo Municipio: $791 a month

Without a mortgage

$178 a month

Cabo Rojo Municipio: $162 a month

Owners with a mortgage

46%

Cabo Rojo Municipio: 36%

In Cabo Rojo, 46% of owners have a mortgage; their typical cost is $797 a month, about the same as in Cabo Rojo Municipio.

Value: what owners think their home is worth. Rent: rent plus utilities, for homes of every size. The FHA limit is the most an FHA loan (Federal Housing Administration) lends for a one-unit home; the fair market rent (FMR) is the one HUD uses for housing vouchers.

Census tables: B25075, B25063, B25088, B25081

How it changed

U.S. Census Bureau, ACS 5-year, 2015–2019 and 2020–2024

Change since 2015–2019

The typical home value in Cabo Rojo rose 15% since 2015–2019, about the same as in Cabo Rojo Municipio (16%).

Rents in Cabo Rojo rose more slowly than in Cabo Rojo Municipio: 19% since 2015–2019, against 27%.

Change between two 5-year periods that do not overlap, in each period's dollars, not adjusted for inflation.

Census tables: B25077, B25064, B19013

How people live

U.S. Census Bureau, ACS 5-year, 2020–2024

MeasureCabo RojoCabo Rojo MunicipioPuerto RicoUnited States
Rental vacancy Unreliable estimate4.7%5.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.3%0.9%
More than one person per room Unreliable estimate2.3%2.3%3.4%
People per household 2.432.442.482.53
Drive alone 82%83%83%69%
Carpool Unreliable estimate9%6%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate3%3%
Work from home Unreliable estimate6%6%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute Unreliable estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Cabo Rojo look like those in Cabo Rojo Municipio: 2.43 people on average.

To get to work, 82% of workers in Cabo Rojo drive alone; in Cabo Rojo Municipio, 83%.

Vacancy: empty homes offered for rent or for sale. Rooms: every room in the home, not only bedrooms. Commute: the minute range of the typical worker.

Census tables: B25004, B25003, B25014, B25010, B08301, B08303

Do the math

What would you pay each month for a home in Cabo Rojo?

A typical home costs more than the typical income allows

We start with a typical home in Cabo Rojo, worth $125,400, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 48% of the typical household income in Cabo Rojo, which is $24,375 a year. For that payment to be 28% of income, a household would need to earn about $42,156 a year.

The calculator's FHA and conventional loan limits are those of all of Cabo Rojo Municipio.

Your numbers

Local data
$

Starts at the typical home value in Cabo Rojo. Change it to the price you have in mind.

Loan type
Your credit score

Your score changes which loans apply and FHA's minimum down payment. Your real rate also depends on your credit.

Down payment
%

That is $4,389 (3.5% of the price). The usual minimum for this loan is 3.5%.

This week's average ± a quarter or half point.

Term

National average as of November 5, 2026 (Freddie Mac); your rate may be different.

Adjust advanced details

Estimated monthly payment

Local data

$984

at 7.18% · 30 years

Loan amount
$123,129
Total interest
$177,153
Paid off in
November 2056

Includes $2,118 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $569 a month

  • Tight

    $569 to $731 a month

  • Hard

    more than $731 a month

    Your payment · 48%

Compared with the typical household income in Cabo Rojo ($24,375 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$984
Principal & interest$834
Property tax$42
Home insurance$52
FHA mortgage insurance (MIP)$55

You need at least $4,389 for the down payment, plus closing costs.

Next step

This is an estimate to give you an idea, not a loan offer. Your real payment depends on your rate, your credit, and the insurance and taxes on the home you buy.

The city and its county

Cabo Rojo and Cabo Rojo Municipio

Cabo Rojo is in Cabo Rojo Municipio, Puerto Rico. The U.S. Census Bureau publishes its own numbers for the city: home values, rent, household income, how many households own their home and the property tax. They are American Community Survey estimates (average 2020–2024).

Cabo Rojo's own numbers

Typical home value
$125,400
Typical monthly rent
$575
Typical yearly household income
$24,375
Households that own their home
76%
Effective property tax rate
0.4%

U.S. Census Bureau, American Community Survey (average 2020–2024).

Numbers for all of Cabo Rojo Municipio

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$581

HUD, FHFA and FEMA don't publish these numbers by city.

Other numbers are not published by city, only for the whole county: FHA and conventional loan limits, HUD’s fair market rents, FHFA’s price index and FEMA’s flood data. On this page, those numbers always say they are for all of Cabo Rojo Municipio.

Everything about Cabo Rojo Municipio

Buying

Buying a home in Cabo Rojo

A typical home in Cabo Rojo is worth $125,400: about the same as the municipio and 5% below Puerto Rico. With the typical household income in Cabo Rojo ($24,375 a year), a typical home costs 5.1 times what the household earns in a year.

Years of income to pay for a typical home

The typical home value divided by the typical household income for one year. The lower it is, the less buying weighs.

  • Cabo Rojo 5.1 years
  • Municipio 4.7 years
  • Puerto Rico 5.0 years
  • United States 4.1 years
Source: U.S. Census Bureau, Average 2020–2024

How prices have changed in Puerto Rico

FHFA publishes no annual price index in Cabo Rojo Municipio. That usually happens when there are too few sales to measure it.

Data not available for this place

Cabo Rojo next to Cabo Rojo Municipio, Puerto Rico and the U.S.

Three numbers side by side. “Typical” means the median: half are above it and half below.

Typical home value
  • Cabo Rojo $125,400
  • Municipio $124,800
  • Puerto Rico $131,500
  • United States $332,700
Typical monthly rent
  • Cabo Rojo $575
  • Municipio $590
  • Puerto Rico $578
  • United States $1,413
Typical yearly household income
  • Cabo Rojo $24,375
  • Municipio $26,408
  • Puerto Rico $26,297
  • United States $80,734
See the full table
Cabo Rojo next to Cabo Rojo Municipio and Puerto Rico
Measure Cabo Rojo Cabo Rojo Municipio Puerto Rico U.S.
Typical home value $125,400 $124,800 $131,500 $332,700
Typical monthly rent $575 $590 $578 $1,413
Typical yearly household income $24,375 $26,408 $26,297 $80,734
Households that own their home 76% 76% 68% 65%
Typical yearly property tax $505 $560 $646 $3,119
Effective property tax rate 0.4% 0.45% 0.49% 0.94%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Cabo Rojo Municipio. “High rent” is the Census measure: renter households that pay 30% or more of their income in rent.

Four ways to pay for a typical home in Cabo Rojo

For a typical $125,400 home in Cabo Rojo, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Cabo Rojo's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $984a month

    Least cash to close
    Down payment
    $4,389
    Cash to close
    $8,151
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $55

  • Conventional, 5% down $961a month

    Down payment
    $6,270
    Cash to close
    $10,032
    Rate
    7.18%
    Mortgage insurance
    PMI · $60

  • Conventional, 20% down, no PMI $774a month

    Down payment
    $25,080
    Cash to close
    $28,842
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $890a month

    Down payment
    $18,810
    Cash to close
    $22,572
    Rate
    8.18%
    Mortgage insurance
    None

The option that asks for the least cash to close is FHA, 3.5% down.

  • Cash to close = down payment plus 3% of the price in closing costs (example).
  • Minimum score: FHA requires 580 or higher for the minimum down payment (HUD Handbook 4000.1). * Fannie Mae requires 620 when a loan is underwritten by hand; its automated system has no fixed minimum.
  • The ITIN row is an example with a rate 1 percentage point higher: ITIN loans follow no federal rule and each lender sets its own down payment and rate. Nothing in this table promises an approval.

How much house can I afford? Estimate closing costs

Taxes and floods

Two costs that change from place to place

Property tax and flood insurance raise or lower what you pay each month. Here are the numbers for Cabo Rojo and for Cabo Rojo Municipio.

Property tax

Effective rate in Cabo Rojo

0.4%of the home’s value each year

$505 a year for the typical owner in Cabo Rojo.

  • Cabo Rojo 0.4%
  • Municipio 0.45%
  • Puerto Rico 0.49%

What Puerto Rico publishes Residential exemption (Puerto Rico Municipal Code (Act 107-2020), OGP Virtual Library)

Exemptions and deadlines in Puerto Rico

Flood risk in Cabo Rojo Municipio

FEMA does not publish these numbers by city: they are for all of Cabo Rojo Municipio.

FEMA does not publish these numbers for Cabo Rojo Municipio.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Cabo Rojo

Typical rent in Cabo Rojo is $575 a month: 3% below the municipio.

HUD publishes a fair market rent for all of Cabo Rojo Municipio, by unit size. To pay the 2-bedroom one ($581 a month) without spending more than 30% of your income, you would need to earn $11.17 an hour working full time.

HUD fair market rent for all of Cabo Rojo Municipio

What you need to earn to pay it without spending more than 30% of income, working full time.

Size Fair rent a month Hourly wage Yearly income
Studio $452 $8.69 $18,080
1 bedroom $455 $8.75 $18,200
2 bedrooms $581 $11.17 $23,240
3 bedrooms $729 $14.02 $29,160
4 bedrooms $764 $14.69 $30,560

Includes basic utilities. It isn't the lowest or highest rent: it's a reference point. Source: HUD, Fiscal year 2027

By ZIP code

Fair market rent by ZIP code in Cabo Rojo

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Cabo Rojo is in ZIP code 00623.

For 2 bedrooms it is $600: $19 more than the fair market rent for Cabo Rojo Municipio ($581).

  • 00623 $600$750

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Cabo Rojo when at least 50% of its land is inside the city or it covers at least 15% of the city (Census 2020 boundaries). Source: Small Area Fair Market Rents (HUD) Fiscal year 2027 Small Area Fair Market Rents (HUD) Source: Census Bureau ZCTA-to-place relationship file Data from 2020 data Census Bureau ZCTA-to-place relationship file

Is your rent high for your ZIP?

Low-income apartments

Low-income apartments in Cabo Rojo

HUD lists 3 buildings with rents for lower incomes in Cabo Rojo. These are the largest.

  • Santa Rita de Casia 1 Res Santa Rita, Cabo Rojo 00623 156 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $114 a month · Average wait: 10 months (787) 759-9407
  • Marie Garden Apts 3001 Marie Gdn, Cabo Rojo 24 low-income homes · 1 bd: 4 · 2 bd: 16 · 3 bd: 4 · In service since 2000
  • Veredas del Mar Cabo Rojo 00623 24 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $362 a month · Homes at several sites (787) 759-9407

See all 3 buildings in Cabo Rojo Municipio Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Cabo Rojo

You do not have to do this alone. A HUD-approved housing counseling agency helps for free or at low cost: getting ready to buy, understanding your credit, or solving a problem with your rent.

We found no HUD-approved agencies with an office in Cabo Rojo Municipio. The nearest ones are below; many serve by phone or online.

An older woman smiles in front of her apartment building.

HUD counseling is free or low-cost

Assistance programs in Cabo Rojo

No down payment, repair or rent-help program on our list is for Cabo Rojo or Cabo Rojo Municipio. The ones below are statewide in Puerto Rico: they work in Cabo Rojo the same as in the rest of the state.

Which programs do I qualify for? All programs in Puerto Rico

  • Pronto pa' tu Casa

    Statewide in Puerto Rico

    Puerto Rico Housing Finance Authority help of up to $45,000 per eligible household (plus $5,000 if you buy in a designated urban center) to buy an existing home; with a mortgage from a participating financial institution. Offered by Autoridad para el Financiamiento de la Vivienda de Puerto Rico (AFV).

    Type not stated

    See the program Official page

  • Programa HOME: Asistencia directa al comprador

    Statewide in Puerto Rico

    Puerto Rico Housing Finance Authority help, with federal HOME funds, for the down payment (pronto pago) of low- and moderate-income families who buy their primary residence with a mortgage; not repaid if you meet the program's conditions. Offered by Autoridad para el Financiamiento de la Vivienda de Puerto Rico (AFV).

    Type not stated

    See the program Official page

Housing counselors near Cabo Rojo

The HUD-approved agencies closest to the center of Cabo Rojo, in a straight line, nearest first. If one says it serves in Spanish, its card says so.

  • Centro de Apoyo Familiar (CAF) PR

    92 Calle La Paz, Aguada · 20 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 10 more
    (301) 328-3292

  • Ponce Neighborhood Housing Services, Inc.

    57 Calle Mendez Vigo, Ponce · 35 miles away

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 6 more
    (787) 841-5055

  • Corporacion Desarrollo Economico,vivienda y Salud

    68 Calle Puro Girau, Arecibo · 39 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 7 more
    (787) 879-3300

All counseling agencies in Puerto Rico

Help in Spanish near Cabo Rojo

2 of the 3 agencies on this list say they serve in Spanish.

Ask for service in Spanish

When you call, say “Spanish, please” or ask if someone speaks Spanish. If not, ask whether they offer an interpreter.

Housing authorities of Cabo Rojo

In HUD’s record, no housing authority with an office in Cabo Rojo Municipio is named for Cabo Rojo or Cabo Rojo Municipio.

One other authority has an office in Cabo Rojo Municipio: see the list Source: HUD

Cities

Other cities in Cabo Rojo Municipio

These cities are also in Cabo Rojo Municipio. They share its loan limits and fair market rents, but home values and rent change from one to the next.

Everything about Cabo Rojo Municipio Housing in Puerto Rico

Nearby cities

The cities closest to Cabo Rojo, with the typical home value.

Neighboring counties

If Cabo Rojo Municipio is out of reach, look next door. Each number is that county's own.

Keep going

Guides for your next step

Short explanations, in plain language and with official sources, for buying or renting in Cabo Rojo.

All guides
Two parents walk hand in hand with their little daughter.

Questions

Housing questions about Cabo Rojo

Short answers with the numbers for Cabo Rojo and all of Cabo Rojo Municipio. If your case is different, a HUD-approved counseling agency can guide you for free or at low cost.

How much does a typical home cost in Cabo Rojo?

The typical home value in Cabo Rojo is $125,400, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Cabo Rojo Municipio it is $124,800.

How much does it cost to rent in Cabo Rojo?

Typical rent in Cabo Rojo is $575 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Cabo Rojo Municipio is $581.

What is the FHA loan limit in Cabo Rojo?

Cabo Rojo uses the FHA limit for all of Cabo Rojo Municipio (2026): $541,287 for a one-unit home and $1,041,125 for a four-unit home.

How much property tax do owners pay in Cabo Rojo?

The typical homeowner in Cabo Rojo pays $505 a year, according to the U.S. Census Bureau. That is 0.4% of the home’s value; in Cabo Rojo Municipio, the rate is 0.45%.

Where can I find free help to buy or rent in Cabo Rojo?

We found no HUD-approved counseling agencies with an office in Cabo Rojo Municipio; the nearest ones are on this page. They can help you get ready to buy, with your credit, or with rent.

Sources: American Community Survey (ACS) 5-year estimates (Average 2020–2024); FHA mortgage limits (HUD) (2026 data); Conforming loan limits (FHFA) (2026 data); Fair Market Rents (HUD) (Fiscal year 2027); Small Area Fair Market Rents (HUD) (Fiscal year 2027); Census Bureau ZCTA-to-place relationship file (2020 data); HUD-approved housing counseling agencies (Retrieved November 6, 2026); Public Housing Agencies (HUD) (Retrieved November 6, 2026); Freddie Mac Primary Mortgage Market Survey (PMMS) (As of November 5, 2026).