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Morovis zona urbana, PR

ZIP 00687 — Housing & Real Estate

Source: U.S. Census Bureau ACS 2019–2023 5-Year Estimates. Page data updated 2026-08-02.

Low Income AreaLow Snow Area

Home values, rent, tenure, and housing stock

Housing & Real Estate in ZIP Code 00687

Median Home Value
$113,800
Median Rent
$419
Affordability Snapshot
$31,000
Est. income to buy

Household income needed for a median home under a 20% down / 6.8% illustrative mortgage model (~$731/mo PITI).

22%
Rent-to-Income Ratio

Below the 30% threshold — generally affordable for median earners.

4.9x
Home Price-to-Income Ratio

Within the typical 3-5x range for home affordability.

22.6 yrs
Price-to-Rent Ratio

Years to break even buying vs renting at median home value and rent.

To comfortably buy a median-priced home in ZIP 00687 in Morovis zona urbana, PR, a household would need roughly $31,000 in annual income under a 20% down, 30-year loan at 6.8% (illustrative), keeping housing costs near 28% of income. Estimated monthly PITI is about $731. That is about 35% above the local median household income ($23,010), so the median earner would likely stretch or need a larger down payment. Rates, taxes, insurance, and HOA fees vary — treat this as a planning estimate, not a lender quote.

Housing Tenure

Vacancy rate 18% — check local market conditions.

Heating Fuel
Housing Metrics
Owner Occupied
70.2%+7% vs US avg
x
Vacancy Rate
18.3%+77% vs US avg
x
Broadband Access
75.6%-13% vs US avg
x
4+ Bedrooms
0.5%-97% vs US avg
x
Built Pre-1939
1.3%-90% vs US avg
x
Built Post-2014
0.3%-95% vs US avg
x
Rent Burden >30%
8.7%-83% vs US avg
x
Mortgage-Free
65.3%+71% vs US avg
x
$113,800
Home Value
$419
Rent
1986
Year Built
2002
Moved In

Residents have lived here since ~2002 on average

Housing Structure

Census ACS structure types (single-family, multi-unit, etc.).

  • 1-unit detached80.5%
  • 1-unit attached14.7%
  • 2-9 units1.0%
  • 10+ units3.4%
  • Mobile home & other0.3%

Housing & Real Estate key statistics

Housing statistics
Housing
Median home value$113,800
Median rent$419
Owner-occupied70.2%
Vacant18.3%
Price-to-income4.9x
Est. income to buy$31,000