Logo Fajardo Fair Market Rent FY 2021 Fajardo, PR HUD Metro FMR Area Rental Data

Fair Market Rent Prices in Fajardo, PR :
$396 $434 $495 $679 $803
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 $495 per month.

The previous year, rent for a two-bedroom home was $503 per month. This is a 1.59% 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 one county or city in Puerto Rico which is listed in the table below. Estimated population of Fajardo, PR HUD Metro FMR Area FMR area is 12,240 people based on latest Census data.

Compared to the rest of Puerto Rico, the Fajardo FMR area is more expensive than 84% 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 $ 437
1-BR 1-Bedroom $ 479
2-BR 2-Bedroom $ 546
3-BR 3-Bedroom $ 748
4-BR 4-Bedroom $ 885
Change Year:

There is just one county (listed below) within the Fajardo, PR HUD Metro FMR Area FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers zero metro areas: .

County / Region Est. Population
Fajardo, PR Metro 12,240
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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