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Average Fair Market Rent Prices in Puerto Rico:
$390 $406 $465 $619 $719
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Puerto Rico (PR) has the 56th highest rent in the country out of 56 states and territories. The Fair Market Rent in Puerto Rico ranges from $422 for a 2-bedroom apartment in Puerto Rico HUD Nonmetro Area to $538 for a 2-bedroom unit in San Juan-Guaynabo, PR HUD Metro FMR Area.

For FY 2022, the San Juan-Guaynabo, PR HUD Metro FMR Area (Aguas Buenas Municipio) rent for a studio or efficiency is $428 per month and $868 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Puerto Rico is $465 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Puerto Rico is around 486,745 people. So, there are around 73,012 people in Puerto Rico who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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 Puerto Rico. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Puerto Rico Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Puerto Rico
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Ponce, PR MSA Metro $392 $399 $455 $646 $750 18,525
Aguadilla-Isabela, PR MSA Metro $387 $402 $462 $574 $676 39,470
San Juan-Guaynabo, PR HUD Metro FMR Area Metro $428 $466 $538 $719 $868 26,855
Barranquitas-Aibonito, PR HUD Metro FMR Area Metro $360 $390 $444 $549 $605 24,010
Arecibo, PR MSA Metro $399 $406 $463 $617 $731 89,550
Guayama, PR MSA Metro $370 $378 $431 $582 $584 18,505
San German, PR MSA Metro $356 $384 $437 $586 $693 49,725
Caguas, PR HUD Metro FMR Area Metro $405 $438 $505 $710 $864 134,270
Fajardo, PR HUD Metro FMR Area Metro $438 $446 $508 $699 $836 12,240
Puerto Rico HUD Nonmetro Area $364 $370 $422 $575 $631 39,795
Yauco, PR MSA Metro $362 $370 $422 $572 $574 17,325
Mayagüez, PR MSA Metro $420 $427 $487 $602 $819 16,475

What's Next?

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