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City · 10,237 residents · Corozal Municipio, Puerto Rico

Corozal , Puerto Rico

In Corozal, a typical home is worth $122,600 and typical rent is $457 a month. Compared with all of Corozal Municipio, typical rent is 8% lower and the share of households that own their home is 8 points lower.

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  • Typical home value

    $122,600

    2% above the municipio

    7% below Puerto Rico

    • Corozal
    • Municipio
    • Puerto Rico

  • Typical rent

    $457a month

    8% below the municipio

    21% below Puerto Rico

    • Corozal
    • Municipio
    • Puerto Rico

  • Typical household income

    $23,520a year

    About the same as the municipio

    11% below Puerto Rico

    • Corozal
    • Municipio
    • Puerto Rico

  • Households that own their home

    67%

    8 points below the municipio

    1 points below Puerto Rico

    • Corozal
    • Municipio
    • Puerto Rico

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

Corozal is in Corozal Municipio. The FHA loan limit ($690,000 for a one-unit home), the fair market rents and the help on this page are those of all of Corozal Municipio. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets Corozal apart

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

  1. 67% of households in Corozal own their home, against 75% in Corozal Municipio.

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

The homes here

Housing in Corozal

What homes there are in Corozal, 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

The detached house is the most common home in Corozal: 70% of homes, near the figure in Corozal Municipio (73%).

Year built

In Corozal, half of the homes were built before 1974; in Corozal Municipio, before 1979.

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

By rent, most homes in Corozal cost less than HUD's 2-bedroom fair market rent ($706): about 76%.

With a mortgage

$774 a month

Corozal Municipio: $855 a month

Without a mortgage

$176 a month

Corozal Municipio: $182 a month

Owners with a mortgage

36%

Corozal Municipio: 29%

The typical cost for an owner with a mortgage in Corozal is $774 a month, less than in Corozal Municipio ($855); without one, $176.

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

Since 2015–2019, homes in Corozal gained value faster than in Corozal Municipio: 36% against 30%.

Rent in Corozal moved so little since 2015–2019 that the Census cannot say whether it rose or fell.

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

MeasureCorozalCorozal MunicipioPuerto RicoUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.1%5.5%
Homeowner vacancy Unreliable estimateUnreliable estimate1.3%0.9%
More than one person per room Unreliable estimateUnreliable estimate2.3%3.4%
People per household 2.682.972.482.53
Drive alone 85%90%83%69%
Carpool Unreliable estimateUnreliable estimate6%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate3%3%
Work from home Unreliable estimateUnreliable estimate6%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute Unreliable estimate30 to 39 minutes20 to 29 minutes20 to 29 minutes

Households in Corozal are smaller: 2.68 people on average; in Corozal Municipio, 2.97.

To get to work, 85% of workers in Corozal drive alone; in Corozal Municipio, 90%.

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 Corozal?

A typical home costs more than the typical income allows

We start with a typical home in Corozal, worth $122,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 47% of the typical household income in Corozal, which is $23,520 a year. For that payment to be 28% of income, a household would need to earn about $39,463 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Corozal. 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 $4,291 (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

$938

at 7.18% · 30 years

Loan amount
$120,379
Total interest
$173,198
Paid off in
November 2056

Includes $2,070 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $549 a month

  • Tight

    $549 to $706 a month

  • Hard

    more than $706 a month

    Your payment · 48%

Compared with the typical household income in Corozal ($23,520 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$938
Principal & interest$815
Property tax$17
Home insurance$51
FHA mortgage insurance (MIP)$54

You need at least $4,291 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

Corozal and Corozal Municipio

Corozal is in Corozal 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).

Corozal's own numbers

Typical home value
$122,600
Typical monthly rent
$457
Typical yearly household income
$23,520
Households that own their home
67%

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

Numbers for all of Corozal Municipio

FHA limit, one-unit home
$690,000
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$706

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 Corozal Municipio.

Everything about Corozal Municipio

Buying

Buying a home in Corozal

A typical home in Corozal is worth $122,600: 2% above the municipio and 7% below Puerto Rico. With the typical household income in Corozal ($23,520 a year), a typical home costs 5.2 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.

  • Corozal 5.2 years
  • Municipio 5.0 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 Corozal Municipio. That usually happens when there are too few sales to measure it.

Data not available for this place

Corozal next to Corozal 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
  • Corozal $122,600
  • Municipio $119,700
  • Puerto Rico $131,500
  • United States $332,700
Typical monthly rent
  • Corozal $457
  • Municipio $497
  • Puerto Rico $578
  • United States $1,413
Typical yearly household income
  • Corozal $23,520
  • Municipio $23,797
  • Puerto Rico $26,297
  • United States $80,734
See the full table
Corozal next to Corozal Municipio and Puerto Rico
Measure Corozal Corozal Municipio Puerto Rico U.S.
Typical home value $122,600 $119,700 $131,500 $332,700
Typical monthly rent $457 $497 $578 $1,413
Typical yearly household income $23,520 $23,797 $26,297 $80,734
Households that own their home 67% 75% 68% 65%

“Typical” means the median: half are above and half are below. ▲ and ▼ say whether the city is above or below Corozal 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 Corozal

For a typical $122,600 home in Corozal, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, an example home insurance and mortgage insurance when it applies. It leaves out property tax because the Census Bureau doesn't publish Corozal's rate.

  • FHA, 3.5% down $921a month

    Least cash to close
    Down payment
    $4,291
    Cash to close
    $7,969
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $54

  • Conventional, 5% down $898a month

    Down payment
    $6,130
    Cash to close
    $9,808
    Rate
    7.18%
    Mortgage insurance
    PMI · $58

  • Conventional, 20% down, no PMI $716a month

    Down payment
    $24,520
    Cash to close
    $28,198
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $829a month

    Down payment
    $18,390
    Cash to close
    $22,068
    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 Corozal and for Corozal Municipio.

Property tax

Data not available for this place

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 Corozal Municipio

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

FEMA does not publish these numbers for Corozal Municipio.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Corozal

Typical rent in Corozal is $457 a month: 8% below the municipio.

HUD publishes a fair market rent for all of Corozal Municipio, by unit size. To pay the 2-bedroom one ($706 a month) without spending more than 30% of your income, you would need to earn $13.58 an hour working full time.

HUD fair market rent for all of Corozal 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 $592 $11.38 $23,680
1 bedroom $604 $11.62 $24,160
2 bedrooms $706 $13.58 $28,240
3 bedrooms $920 $17.69 $36,800
4 bedrooms $1,117 $21.48 $44,680

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 Corozal

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Corozal is in ZIP code 00783.

For 2 bedrooms it is $600: $106 less than the fair market rent for Corozal Municipio ($706).

  • 00783 $600$790

1 of these ZIP codes crosses the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Corozal 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 Corozal

HUD lists one building with rents for lower incomes in Corozal.

  • Enrique Landron 1 Res Enrique Landron, Corozal 00783 112 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $115 a month · Average wait: 13 months (787) 759-9407

See all 1 buildings in Corozal Municipio Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Corozal

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 Corozal Municipio. The nearest ones are below; many serve by phone or online.

A man leans over the armchair where a girl is reading a book.

HUD counseling is free or low-cost

Assistance programs in Corozal

No down payment, repair or rent-help program on our list is for Corozal or Corozal Municipio. The ones below are statewide in Puerto Rico: they work in Corozal 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 Corozal

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

  • One Stop Career Center of Puerto Rico

    839 Calle Anasco Ste 5, San Juan · 17 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 11 more
    (787) 296-1785

  • Puerto Rico Neighborhood Housing Services, Corp.

    274 Calle Canals St., San Juan · 18 miles away · Spanish

    • Mortgage delinquency and default
    • Mortgage delinquency workshops
    • and 8 more
    (787) 721-8920

  • CCCS of Puerto Rico

    1607 Avenue Ponce de Leon, Santurce · 18 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 5 more
    (787) 722-8835

All counseling agencies in Puerto Rico

Help in Spanish near Corozal

3 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 Corozal

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

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

Cities

Nearby cities

The cities closest to Corozal, with the typical home value.

Everything about Corozal Municipio Housing in Puerto Rico

Neighboring counties

If Corozal 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 Corozal.

All guides
Three women of one family lean in together to stir the pan.

Questions

Housing questions about Corozal

Short answers with the numbers for Corozal and all of Corozal 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 Corozal?

The typical home value in Corozal is $122,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Corozal Municipio it is $119,700.

How much does it cost to rent in Corozal?

Typical rent in Corozal is $457 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Corozal Municipio is $706.

What is the FHA loan limit in Corozal?

Corozal uses the FHA limit for all of Corozal Municipio (2026): $690,000 for a one-unit home and $1,326,950 for a four-unit home.

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

We found no HUD-approved counseling agencies with an office in Corozal 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).