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City · 12,375 residents · Río Grande Municipio, Puerto Rico

Río Grande , Puerto Rico

In Río Grande, a typical home is worth $128,600 and typical rent is $509 a month. Compared with all of Río Grande Municipio, typical household income is 24% lower, typical rent is 13% lower, and the share of households that own their home is 9 points lower.

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  • Typical home value

    $128,600

    2% below the municipio

    2% below Puerto Rico

    • Río Grande
    • Municipio
    • Puerto Rico

  • Typical rent

    $509a month

    13% below the municipio

    12% below Puerto Rico

    • Río Grande
    • Municipio
    • Puerto Rico

  • Typical household income

    $22,042a year

    24% below the municipio

    16% below Puerto Rico

    • Río Grande
    • Municipio
    • Puerto Rico

  • Households that own their home

    62%

    9 points below the municipio

    6 points below Puerto Rico

    • Río Grande
    • Municipio
    • Puerto Rico

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

Río Grande is in Río Grande 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 Río Grande Municipio. See the county

Data updated: October 1, 2026 9 official sources

Only here

What sets Río Grande apart

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

  1. Río Grande has the largest share of rent-burdened renters of the 33 cities in Puerto Rico with more than 5,000 people: 67%.

  2. Nearby, in San Isidro, the typical home value is $92,200: 28% less than in Río Grande ($128,600).

  3. The typical household income in Río Grande is $22,042, 24% less than in Río Grande Municipio as a whole ($28,943).

  4. Nearby, in Luquillo, the typical rent is $418: 18% less than in Río Grande ($509).

  5. 62% of households in Río Grande own their home, against 71% in Río Grande Municipio.

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

The homes here

Housing in Río Grande

What homes there are in Río Grande, 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 Río Grande Municipio, most homes in Río Grande are detached houses (75%).

Year built

In Río Grande, half of the homes were built before 1976; in Río Grande Municipio, before 1983.

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

HUD's 2-bedroom fair market rent (FMR) for Río Grande Municipio is $706; about 69% of rents in Río Grande are below it.

With a mortgage

$884 a month

Río Grande Municipio: $881 a month

Without a mortgage

$166 a month

Río Grande Municipio: $172 a month

Owners with a mortgage

42%

Río Grande Municipio: 43%

Owning costs about the same in Río Grande as in Río Grande Municipio: with a mortgage, $884 a month; without one, $166.

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 Río Grande rose 13% since 2015–2019, about the same as in Río Grande Municipio (16%).

Rent in Río Grande 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

MeasureRío GrandeRío Grande MunicipioPuerto RicoUnited States
Rental vacancy Unreliable estimateUnreliable estimate5.1%5.5%
Homeowner vacancy Unreliable estimate2.4%1.3%0.9%
More than one person per room Unreliable estimate3.3%2.3%3.4%
People per household 2.542.652.482.53
Drive alone 77%82%83%69%
Carpool Unreliable estimate7%6%9%
Public transit Unreliable estimateUnreliable estimate1%3%
Walk or bike Unreliable estimateUnreliable estimate3%3%
Work from home Unreliable estimate7%6%15%
Other means Unreliable estimate3%2%2%
Typical commute 30 to 39 minutes30 to 39 minutes20 to 29 minutes20 to 29 minutes

Much as in Río Grande Municipio, a household in Río Grande has 2.54 people on average.

To get to work, 77% of workers in Río Grande drive alone; in Río Grande Municipio, 82%.

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 Río Grande?

A typical home costs more than the typical income allows

We start with a typical home in Río Grande, worth $128,600, an FHA loan with 3.5% down and the latest average rate (7.18%). That payment would take 54% of the typical household income in Río Grande, which is $22,042 a year. For that payment to be 28% of income, a household would need to earn about $42,864 a year.

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

Your numbers

Local data
$

Starts at the typical home value in Río Grande. 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 $4,501 (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

$1,000

at 7.18% · 30 years

Loan amount
$126,271
Total interest
$181,674
Paid off in
November 2056

Includes $2,172 FHA upfront mortgage insurance premium.

Does it fit the income?

  • Comfortable

    up to $514 a month

  • Tight

    $514 to $661 a month

  • Hard

    more than $661 a month

    Your payment · 54%

Compared with the typical household income in Río Grande ($22,042 a year). Reference: HUD calls paying more than 30% of income for housing a cost burden.

Show the result as
per month$1,000
Principal & interest$855
Property tax$34
Home insurance$54
FHA mortgage insurance (MIP)$57

You need at least $4,501 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

Río Grande and Río Grande Municipio

Río Grande is in Río Grande 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).

Río Grande's own numbers

Typical home value
$128,600
Typical monthly rent
$509
Typical yearly household income
$22,042
Households that own their home
62%
Effective property tax rate
0.32%

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

Numbers for all of Río Grande 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 Río Grande Municipio.

Everything about Río Grande Municipio

Buying

Buying a home in Río Grande

A typical home in Río Grande is worth $128,600: 2% below the municipio and 2% below Puerto Rico. With the typical household income in Río Grande ($22,042 a year), a typical home costs 5.8 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.

  • Río Grande 5.8 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 Río Grande Municipio. That usually happens when there are too few sales to measure it.

Data not available for this place

Río Grande next to Río Grande 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
  • Río Grande $128,600
  • Municipio $131,600
  • Puerto Rico $131,500
  • United States $332,700
Typical monthly rent
  • Río Grande $509
  • Municipio $585
  • Puerto Rico $578
  • United States $1,413
Typical yearly household income
  • Río Grande $22,042
  • Municipio $28,943
  • Puerto Rico $26,297
  • United States $80,734
See the full table
Río Grande next to Río Grande Municipio and Puerto Rico
Measure Río Grande Río Grande Municipio Puerto Rico U.S.
Typical home value $128,600 $131,600 $131,500 $332,700
Typical monthly rent $509 $585 $578 $1,413
Typical yearly household income $22,042 $28,943 $26,297 $80,734
Households that own their home 62% 71% 68% 65%
Typical yearly property tax $412 $485 $646 $3,119
Effective property tax rate 0.32% 0.37% 0.49% 0.94%
Renters with high rent for their income 67% 61% 51% 51%

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

For a typical $128,600 home in Río Grande, at Freddie Mac's average rate (7.18% as of November 5, 2026) over 30 years. The monthly payment adds principal and interest, Río Grande's typical property tax, an example home insurance and mortgage insurance when it applies.

  • FHA, 3.5% down $1,000a month

    Least cash to close
    Down payment
    $4,501
    Cash to close
    $8,359
    Rate
    7.18%
    Mortgage insurance
    FHA MIP · $57

  • Conventional, 5% down $977a month

    Down payment
    $6,430
    Cash to close
    $10,288
    Rate
    7.18%
    Mortgage insurance
    PMI · $61

  • Conventional, 20% down, no PMI $785a month

    Down payment
    $25,720
    Cash to close
    $29,578
    Rate
    7.18%
    Mortgage insurance
    None

  • ITIN, 15% down (example) $904a month

    Down payment
    $19,290
    Cash to close
    $23,148
    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 Río Grande and for Río Grande Municipio.

Property tax

Effective rate in Río Grande

0.32%of the home’s value each year

$412 a year for the typical owner in Río Grande.

  • Río Grande 0.32%
  • Municipio 0.37%
  • 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 Río Grande Municipio

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

FEMA does not publish these numbers for Río Grande Municipio.

Most homeowners insurance policies do not cover flood damage.

Look up your address on FEMA’s map

Renting

Renting in Río Grande

Typical rent in Río Grande is $509 a month: 13% below the municipio. In Río Grande, 67% of renter households pay 30% or more of their income in rent.

HUD publishes a fair market rent for all of Río Grande 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 Río Grande 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 Río Grande

HUD also publishes a fair market rent for each ZIP code (Small Area FMR, fiscal year 2027). Río Grande is in ZIP code 00745.

For 2 bedrooms it is $650: $56 less than the fair market rent for Río Grande Municipio ($706).

  • 00745 $650$850

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

HUD lists 4 buildings with rents for lower incomes in Río Grande. These are the largest.

  • Finca Galateo PR Road, Rio Grande 00745 311 low-income homes · For families (787) 887-6382
  • Jose H Ramirez 1 Galateo Apartments, Rio Grande 00745 143 homes, 142 low-income · Run by Puerto Rico Public Housing Administration · Average payment: $156 a month · Average wait: 22 months (787) 759-9407
  • Rio Dorado Elderly Apts 401 Calle Main, Rio Grande 120 low-income homes · 1 bd: 120 · In service since 2008 · For older adults
  • Rio Grande Housing for the Elderly W1212A Calle 23, Rio Grande 00745 60 low-income homes · For older adults (787) 887-5665

See all 4 buildings in Río Grande Municipio Source: HUD, Retrieved November 6, 2026

Free help

Help to buy or rent in Río Grande

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

A young man and a young woman look something up together on a laptop.

HUD counseling is free or low-cost

Assistance programs in Río Grande

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

The HUD-approved agencies closest to the center of Río Grande, 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 · 14 miles away · Spanish

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

  • Greenpath Financial Wellness - San Juan Branch

    1607 Ave Ponce De Leon, San Juan · 16 miles away · Spanish

    • Mortgage delinquency and default
    • Budget and financial counseling
    • and 3 more
    (888) 279-8273

  • CCCS of Puerto Rico

    1607 Avenue Ponce de Leon, Santurce · 16 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 Río Grande

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 Río Grande

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

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

Cities

Nearby cities

The cities closest to Río Grande, with the typical home value.

Everything about Río Grande Municipio Housing in Puerto Rico

Neighboring counties

If Río Grande 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 Río Grande.

All guides
A mother holding her baby watches her daughter blow bubbles outdoors.

Questions

Housing questions about Río Grande

Short answers with the numbers for Río Grande and all of Río Grande 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 Río Grande?

The typical home value in Río Grande is $128,600, according to the U.S. Census Bureau (average 2020–2024). For comparison, in Río Grande Municipio it is $131,600.

How much does it cost to rent in Río Grande?

Typical rent in Río Grande is $509 a month, according to the U.S. Census Bureau. HUD’s fair market rent for 2 bedrooms in Río Grande Municipio is $706.

What is the FHA loan limit in Río Grande?

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

How much property tax do owners pay in Río Grande?

The typical homeowner in Río Grande pays $412 a year, according to the U.S. Census Bureau. That is 0.32% of the home’s value; in Río Grande Municipio, the rate is 0.37%.

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

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