Logo Fajardo Fair Market Rent FY 2020 Fajardo, PR HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Fajardo, PR :
$403 $421 $503 $669 $786
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Fajardo are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Fajardo is $503 per month.

The previous year, rent for a two-bedroom home was $515 per month. This is a 2.33% decrease year-over-year.

This FMR rate applies to and other cities within the region. The Metro Code or CBSA code for this region is METRO41980M21940.

Additionally, This Fair Market Rent (FMR) area Fajardo, PR HUD Metro FMR Area spans three counties or cities in Puerto Rico which ares listed in the table below. Estimated population of Fajardo, PR HUD Metro FMR Area FMR area is 0 people based on 2000 Census data.

Compared to the rest of Puerto Rico, the Fajardo FMR area is more expensive than 86% of the state.

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What is Fair Market Rent?

Fair Market Rent is determined each fiscal year by the HUD and is used to set payment standards for federal housing assistance programs in Fajardo. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Fajardo

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 441
1-BR 1-Bedroom $ 461
2-BR 2-Bedroom $ 551
3-BR 3-Bedroom $ 733
4-BR 4-Bedroom $ 861
Change Year:

The counties, cities, towns, and regions listed below fall into the Fajardo, PR HUD Metro FMR Area FMR area and have the same Fair Market Rent prices which are listed above. This FMR area covers zero metro areas: .

County / Region Est. Population
Ceiba Municipio, PR Metro 0
Fajardo Municipio, PR Metro 0
Luquillo Municipio, PR Metro 0
Zip Codes in Fajardo, PR HUD Metro FMR Area

There is 0 unique zip codes in this Fair Market Rent (FMR) area:

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