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City · 10,975 residents · Hormigueros Municipio, Puerto Rico

Hormigueros , Puerto Rico

In Hormigueros, a typical home is worth $116,700 and typical rent is $555 a month. Home values, rent and income are very close to those of all of Hormigueros Municipio.

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  • Typical home value

    $116,700

    4% below the municipio

    11% below Puerto Rico

    • Hormigueros
    • Municipio
    • Puerto Rico

  • Typical rent

    $555a month

    About the same as the municipio

    4% below Puerto Rico

    • Hormigueros
    • Municipio
    • Puerto Rico

  • Typical household income

    $27,399a year

    2% above the municipio

    4% above Puerto Rico

    • Hormigueros
    • Municipio
    • Puerto Rico

  • Households that own their home

    70%

    2 points below the municipio

    2 points above Puerto Rico

    • Hormigueros
    • Municipio
    • Puerto Rico

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

Hormigueros is in Hormigueros 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 Hormigueros Municipio. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets Hormigueros 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: 29% less than in Hormigueros ($555).

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

The homes here

Housing in Hormigueros

What homes there are in Hormigueros, 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

In Hormigueros, 9 in 10 homes are single-family detached houses, about the same as in Hormigueros Municipio.

Year built

In Hormigueros, half of the homes were built before 1975; in Hormigueros Municipio, before 1978.

In Hormigueros, 70% of homes have 3 bedrooms or more, about the same as in Hormigueros 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

Measured against HUD's 2-bedroom fair market rent ($603), about 50% of rented homes in Hormigueros cost less.

With a mortgage

$677 a month

Hormigueros Municipio: $785 a month

Without a mortgage

$161 a month

Hormigueros Municipio: $163 a month

Owners with a mortgage

35%

Hormigueros Municipio: 42%

The typical cost for an owner with a mortgage in Hormigueros is $677 a month, less than in Hormigueros Municipio ($785); without one, $161.

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

From 2015–2019 to 2020–2024, home values in Hormigueros rose at about the same pace as in Hormigueros Municipio: 23% against 23%.

Rents in Hormigueros rose at about the same pace as in Hormigueros Municipio: 31% since 2015–2019, against 32%.

Income in Hormigueros grew faster than housing: it rose 60%, while home values changed +23% and rent +31%.

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

MeasureHormiguerosHormigueros 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 2.452.462.482.53
Drive alone 92%93%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 estimate20 to 29 minutes20 to 29 minutes20 to 29 minutes

By size, households in Hormigueros look like those in Hormigueros Municipio: 2.45 people on average.

In Hormigueros, 92% of workers drive alone to work; in Hormigueros Municipio, 93%.

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 Hormigueros?

A typical home costs more than the typical income allows

We start with a typical home in Hormigueros, worth $116,700, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 38% of the typical household income in Hormigueros, which is $27,399 a year. For that payment to be 28% of income, a household would need to earn about $37,564 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Hormigueros. 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 $4,085 (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

$906

at 7.18% · 30 years

Loan amount
$114,586
Total interest
$164,862
Paid off in
November 2056

Includes $1,971 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $639 a month

  • Tight

    $639 to $822 a month

  • Hard

    more than $822 a month

    Your payment · 40%

Compared with the typical household income in Hormigueros ($27,399 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$906
Principal & interest$776
Property tax$29
Home insurance$49
FHA mortgage insurance (MIP)$52

You need at least $4,085 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

Hormigueros and Hormigueros Municipio

Hormigueros is in Hormigueros 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).

Hormigueros's own numbers

Typical home value
$116,700
Typical monthly rent
$555
Typical yearly household income
$27,399
Households that own their home
70%

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

Numbers for all of Hormigueros Municipio

FHA limit, one-unit home
$541,287
Conventional limit, one unit
$832,750
HUD fair market rent, 2 bedrooms
$603

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 Hormigueros Municipio.

Everything about Hormigueros Municipio

Buying

Buying a home in Hormigueros

A typical home in Hormigueros is worth $116,700: 4% below the municipio and 11% below Puerto Rico. With the typical household income in Hormigueros ($27,399 a year), a typical home costs 4.3 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.

  • Hormigueros 4.3 years
  • Municipio 4.5 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 Hormigueros Municipio. That usually happens when there are too few sales to measure it.

Data not available for this place

Hormigueros next to Hormigueros 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
  • Hormigueros $116,700
  • Municipio $121,700
  • Puerto Rico $131,500
  • United States $332,700
Typical monthly rent
  • Hormigueros $555
  • Municipio $559
  • Puerto Rico $578
  • United States $1,413
Typical yearly household income
  • Hormigueros $27,399
  • Municipio $26,828
  • Puerto Rico $26,297
  • United States $80,734
See the full table
Hormigueros next to Hormigueros Municipio and Puerto Rico
Measure Hormigueros Hormigueros Municipio Puerto Rico U.S.
Typical home value $116,700 $121,700 $131,500 $332,700
Typical monthly rent $555 $559 $578 $1,413
Typical yearly household income $27,399 $26,828 $26,297 $80,734
Households that own their home 70% 72% 68% 65%
Renters with high rent for their income 49% 50% 51% 51%

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

For a typical $116,700 home in Hormigueros, 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 Hormigueros's rate.

  • FHA, 3.5% down $876a month

    Least cash to close
    Down payment
    $4,085
    Cash to close
    $7,586
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $52

  • Conventional, 5% down $855a month

    Down payment
    $5,835
    Cash to close
    $9,336
    Rate
    7.18%
    Mortgage insurance
    PMI · $55

  • Conventional, 20% down, no PMI $681a month

    Down payment
    $23,340
    Cash to close
    $26,841
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $789a month

    Down payment
    $17,505
    Cash to close
    $21,006
    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 Hormigueros and for Hormigueros 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 Hormigueros Municipio

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

FEMA does not publish these numbers for Hormigueros Municipio.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Hormigueros

Typical rent in Hormigueros is $555 a month: about the same as the municipio. In Hormigueros, 49% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Hormigueros Municipio, by unit size. To pay the 2-bedroom one ($603 a month) without spending more than 30% of your income, you would need to earn $11.60 an hour working full time.

HUD fair market rent for all of Hormigueros 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 $532 $10.23 $21,280
1 bedroom $554 $10.65 $22,160
2 bedrooms $603 $11.60 $24,120
3 bedrooms $753 $14.48 $30,120
4 bedrooms $941 $18.10 $37,640

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 Hormigueros

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Hormigueros is in ZIP code 00660.

For 2 bedrooms it is $630: $27 more than the fair market rent for Hormigueros Municipio ($603).

  • 00660 $630$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 Hormigueros 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 Hormigueros

HUD lists 2 buildings with rents for lower incomes in Hormigueros. These are the largest.

  • Estancias Presbiterianas del Angel State Road 343 Km. 1.3, Hormigueros 00660 108 low-income homes · For older adults (787) 849-2082
  • Gabriel Soler 2 Res Gabriel Soler, Hormigueros 00660 64 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $191 a month (787) 759-9407

See all 2 buildings in Hormigueros Municipio Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Hormigueros

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

A grandmother pushes her grandson on a playground swing.

HUD counseling is free or low-cost

Assistance programs in Hormigueros

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

The HUD-approved agencies closest to the center of Hormigueros, 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 · 17 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 · 34 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 · 35 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 Hormigueros

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 Hormigueros

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

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

Cities

Nearby cities

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

Everything about Hormigueros Municipio Housing in Puerto Rico

Neighboring counties

If Hormigueros 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 Hormigueros.

All guides
A mother and her daughters smile together on a mountain trail with a snowy peak behind them.

Questions

Housing questions about Hormigueros

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

The typical home value in Hormigueros is $116,700, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Hormigueros Municipio it is $121,700.

How much does it cost to rent in Hormigueros?

Typical rent in Hormigueros is $555 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Hormigueros Municipio is $603.

What is the FHA loan limit in Hormigueros?

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

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

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