Rent vs buy in San Germán zona urbana -what makes sense?
Longtime lurker here, The median home value here is around $116,700, which is actually reasonable. Poverty rate is 44.9%, which is higher than I expected. Household incomes average around $16,052 in San Germ--n zona urbana. Average temperature is around 77--F, so it's warm year-round. Cost of living is definitely rising, but still manageable. I'd say it's better for families than young singles. Public transit needs a lot of work honestly. Property taxes are high but you get good services. People here are genuinely friendly, not just surface-level. The city has invested a lot in new development. The city has invested a lot in new development. It's changing fast -some good, some not so much. Traffic can be rough during rush hour, no sugarcoating that. I'd say it's better for families than young singles.
5 upvotes
2 Replies
Avery S.
I'd say the biggest thing people don't talk about is public transit. it's improved dramatically in recent years. Worth doing your research before committing.
22 upvotes
Caleb Morris
Alright, I'll give you the full rundown since I see a lot of surface-level answers here.
I've been in Lakewood for 2 years. Moved from New York for a job opportunity. Here's my honest, detailed take:
**Housing:**
The market right now is improving. We bought in 2017 at k and it's now worth up a bit than that. If you're renting, expect /mo for a decent 2-bed in a safe area. Older homes are where the value is.
**Employment:**
engineering is strong here. engineering is hit or miss. If you're remote, you'll love the cost of living. Average salaries are affordable for the area.
**Quality of Life:**
it was the best decision I ever made. The outdoor scene is better than expected - we have state parks within easy driving distance. Dining has gotten so much better in the past few years.
**Schools (if relevant):**
Varies hugely by district. Lakewood schools are challenging. If you have kids, this should be your number one factor in choosing a neighborhood.
**The Bad:**
I'd be lying if I said everything is great. Winters are long and cold. Nightlife is limited. And food scene can be frustrating.
**Bottom line:**
For remote workers, I'd say this is a 6/10. It's not for everyone but it works for us.. Feel free to ask specific questions - happy to help.