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City · 58,977 residents · Mayagüez Municipio, Puerto Rico

Mayagüez , Puerto Rico

In Mayagüez, a typical home is worth $114,000 and typical rent is $482 a month. Home values, rent and income are very close to those of all of Mayagüez Municipio.

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  • Typical home value

    $114,000

    2% above the municipio

    13% below Puerto Rico

    • Mayagüez
    • Municipio
    • Puerto Rico

  • Typical rent

    $482a month

    About the same as the municipio

    17% below Puerto Rico

    • Mayagüez
    • Municipio
    • Puerto Rico

  • Typical household income

    $17,410a year

    5% below the municipio

    34% below Puerto Rico

    • Mayagüez
    • Municipio
    • Puerto Rico

  • Households that own their home

    45%

    5 points below the municipio

    23 points below Puerto Rico

    • Mayagüez
    • Municipio
    • Puerto Rico

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

Mayagüez is in Mayagüez 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 Mayagüez Municipio. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets Mayagüez apart

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

  1. Mayagüez has the 2nd lowest homeownership rate of the 54 cities in Puerto Rico with more than 5,000 people (45%).

  2. Nearby, in San Germán, the typical rent is $395: 18% less than in Mayagüez ($482).

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

The homes here

Housing in Mayagüez

What homes there are in Mayagüez, 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

Detached houses are the majority in Mayagüez (52%), but less so than in Mayagüez Municipio (57%).

Year built

In Mayagüez, half of the homes were built before 1967; in Mayagüez Municipio, before 1968.

By size, homes in Mayagüez look like those in Mayagüez Municipio: 59% have 3 bedrooms or more.

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

With an FHA limit of $541,287, at least 97% of owner-occupied homes in Mayagüez sit below it: they are worth less than $500,000.

Monthly rent with utilities

Measured against HUD's 2-bedroom fair market rent ($603), about 62% of rented homes in Mayagüez cost less.

With a mortgage

$906 a month

Mayagüez Municipio: $887 a month

Without a mortgage

$205 a month

Mayagüez Municipio: $203 a month

Owners with a mortgage

27%

Mayagüez Municipio: 24%

Owning costs about the same in Mayagüez as in Mayagüez Municipio: with a mortgage, $906 a month; without one, $205.

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

Homes in Mayagüez gained value more slowly than in Mayagüez Municipio: 12% since 2015–2019, against 15%.

Rents in Mayagüez rose at about the same pace as in Mayagüez Municipio: 16% since 2015–2019, against 16%.

Income in Mayagüez grew faster than housing: it rose 32%, while home values changed +12% and rent +16%.

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

MeasureMayagüezMayagüez MunicipioPuerto RicoUnited States
Rental vacancy 10.7%10.5%5.1%5.5%
Homeowner vacancy 2.2%2.2%1.3%0.9%
More than one person per room 1.6%1.9%2.3%3.4%
People per household 2.292.302.482.53
Drive alone 84%85%83%69%
Carpool 6%5%6%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike 5%4%3%3%
Work from home 5%5%6%15%
Other means Unreliable estimateUnreliable estimate2%2%
Typical commute 10 to 19 minutesUnreliable estimate20 to 29 minutes20 to 29 minutes

Much as in Mayagüez Municipio, the rental vacancy rate in Mayagüez is 10.7%.

More than one person per room: that is how 1.6% of households in Mayagüez live, near the figure in Mayagüez Municipio (1.9%).

Much as in Mayagüez Municipio, a household in Mayagüez has 2.29 people on average.

The car rules in Mayagüez: 84% of workers drive to work alone, and the typical trip takes 10 to 19 minutes.

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 Mayagüez?

A typical home costs more than the typical income allows

We start with a typical home in Mayagüez, worth $114,000, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 63% of the typical household income in Mayagüez, which is $17,410 a year. For that payment to be 28% of income, a household would need to earn about $39,341 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Mayagüez. 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 $3,990 (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

$918

at 7.18% · 30 years

Loan amount
$111,935
Total interest
$161,048
Paid off in
November 2056

Includes $1,925 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $406 a month

  • Tight

    $406 to $522 a month

  • Hard

    more than $522 a month

    Your payment · 63%

Compared with the typical household income in Mayagüez ($17,410 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$918
Principal & interest$758
Property tax$62
Home insurance$48
FHA mortgage insurance (MIP)$50

You need at least $3,990 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

Mayagüez and Mayagüez Municipio

Mayagüez is in Mayagüez 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).

Mayagüez's own numbers

Typical home value
$114,000
Typical monthly rent
$482
Typical yearly household income
$17,410
Households that own their home
45%
Effective property tax rate
0.65%

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

Numbers for all of Mayagüez 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 Mayagüez Municipio.

Everything about Mayagüez Municipio

Buying

Buying a home in Mayagüez

A typical home in Mayagüez is worth $114,000: 2% above the municipio and 13% below Puerto Rico. With the typical household income in Mayagüez ($17,410 a year), a typical home costs 6.5 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.

  • Mayagüez 6.5 years
  • Municipio 6.1 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 Mayagüez Municipio. That usually happens when there are too few sales to measure it.

Data not available for this place

Mayagüez next to Mayagüez 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
  • Mayagüez $114,000
  • Municipio $111,600
  • Puerto Rico $131,500
  • United States $332,700
Typical monthly rent
  • Mayagüez $482
  • Municipio $484
  • Puerto Rico $578
  • United States $1,413
Typical yearly household income
  • Mayagüez $17,410
  • Municipio $18,295
  • Puerto Rico $26,297
  • United States $80,734
See the full table
Mayagüez next to Mayagüez Municipio and Puerto Rico
Measure Mayagüez Mayagüez Municipio Puerto Rico U.S.
Typical home value $114,000 $111,600 $131,500 $332,700
Typical monthly rent $482 $484 $578 $1,413
Typical yearly household income $17,410 $18,295 $26,297 $80,734
Households that own their home 45% 50% 68% 65%
Typical yearly property tax $741 $577 $646 $3,119
Effective property tax rate 0.65% 0.52% 0.49% 0.94%
Renters with high rent for their income 62% 60% 51% 51%

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

For a typical $114,000 home in Mayagüez, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Mayagüez's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $918a month

    Least cash to close
    Down payment
    $3,990
    Cash to close
    $7,410
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $50

  • Conventional, 5% down $897a month

    Down payment
    $5,700
    Cash to close
    $9,120
    Rate
    7.18%
    Mortgage insurance
    PMI · $54

  • Conventional, 20% down, no PMI $727a month

    Down payment
    $22,800
    Cash to close
    $26,220
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $832a month

    Down payment
    $17,100
    Cash to close
    $20,520
    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 Mayagüez and for Mayagüez Municipio.

Property tax

Effective rate in Mayagüez

0.65%of the home’s value each year

$741 a year for the typical owner in Mayagüez.

  • Mayagüez 0.65%
  • Municipio 0.52%
  • 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 Mayagüez Municipio

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

FEMA does not publish these numbers for Mayagüez Municipio.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Mayagüez

Typical rent in Mayagüez is $482 a month: about the same as the municipio. In Mayagüez, 62% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Mayagüez 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 Mayagüez 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 Mayagüez

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Mayagüez has 2 ZIP codes with their own.

For 2 bedrooms it runs from $580 in 00680 to $640 in 00682.

1 of the 2 is above the fair market rent for Mayagüez Municipio ($603).

  • 00680 $580$720
  • 00682 $640$800

2 of these ZIP codes cross the city line: HUD sets the rent by ZIP code, not by city. A ZIP code counts for Mayagüez 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 Mayagüez

HUD lists 27 buildings with rents for lower incomes in Mayagüez. These are the largest.

  • Columbus Landing 1 Res Columbus Lndg, Mayaguez 00682 476 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $90 a month · Average wait: 2 months (787) 759-9407
  • Franklin D Roosevelt 100 Calle Principe, Mayaguez 00680 300 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $103 a month · Average wait: 3 months (787) 759-9407
  • Franklin D Roosevelt 100 Calle Principe, Mayaguez 00680 300 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $124 a month · Average wait: 3 months (787) 759-9407
  • Sabalos Gardens 100 Calle San Expedito, Mayaguez 00682 300 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $143 a month · Average wait: 6 months (787) 759-9407
  • Manuel Hernandez Rosa 191 Res Candelaria, Mayaguez 00682 268 low-income homes · Run by Puerto Rico Public Housing Administration · Average payment: $105 a month · Average wait: 5 months (787) 759-9407

See all 27 buildings in Mayagüez Municipio Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Mayagüez

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

A man shakes hands with the specialist who helped him with his loan, in the kitchen of his new home.

HUD counseling is free or low-cost

Assistance programs in Mayagüez

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

The HUD-approved agencies closest to the center of Mayagüez, 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 · 13 miles away · Spanish

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

  • Corporacion Desarrollo Economico,vivienda y Salud

    68 Calle Puro Girau, Arecibo · 34 miles away · Spanish

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

  • Ponce Neighborhood Housing Services, Inc.

    57 Calle Mendez Vigo, Ponce · 37 miles away

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

All counseling agencies in Puerto Rico

Help in Spanish near Mayagüez

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 Mayagüez

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

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

Cities

Nearby cities

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

Everything about Mayagüez Municipio Housing in Puerto Rico

Neighboring counties

If Mayagüez 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 Mayagüez.

All guides
A family roasts marshmallows over a campfire at a forest campsite.

Questions

Housing questions about Mayagüez

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

The typical home value in Mayagüez is $114,000, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Mayagüez Municipio it is $111,600.

How much does it cost to rent in Mayagüez?

Typical rent in Mayagüez is $482 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Mayagüez Municipio is $603.

What is the FHA loan limit in Mayagüez?

Mayagüez uses the FHA limit for all of Mayagüez 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 Mayagüez?

The typical homeowner in Mayagüez pays $741 a year, according to the U.S. Census Bureau. That is 0.65% of the home’s value; in Mayagüez Municipio, the rate is 0.52%.

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

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