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RentData.org Logo Puerto Rico Fair Market Rent for 2023 Accurate Rental Price Data

Average Fair Market Rent Prices in Puerto Rico:
$420 $434 $493 $660 $756
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Puerto Rico (54) has the 56th highest rent in the country out of 56 states and territories. The Fair Market Rent in Puerto Rico ranges from $444 for a 2-bedroom apartment in Puerto Rico HUD Nonmetro Area to $585 for a 2-bedroom unit in San Juan-Guaynabo, PR HUD Metro FMR Area.

For FY 2023, the San Juan-Guaynabo, PR HUD Metro FMR Area (Aguas Buenas Municipio) rent for a studio or efficiency is $507 per month and $996 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 $493 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Puerto Rico is around 460,025 people. So, there are around 69,004 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:
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Ponce, PR MSA Metro $421 $430 $486 $685 $770 17,614
Aguadilla-Isabela, PR MSA Metro $384 $420 $485 $597 $677 37,307
San Juan-Guaynabo, PR HUD Metro FMR Area Metro $507 $518 $585 $831 $996 25,298
Barranquitas-Aibonito, PR HUD Metro FMR Area Metro $399 $423 $478 $644 $784 22,545
Arecibo, PR MSA Metro $424 $433 $489 $629 $700 83,682
Guayama, PR MSA Metro $391 $393 $456 $610 $613 17,502
San German, PR MSA Metro $384 $417 $471 $618 $705 47,977
Caguas, PR HUD Metro FMR Area Metro $445 $456 $522 $742 $889 126,734
Fajardo, PR HUD Metro FMR Area Metro $475 $486 $549 $739 $875 11,207
Puerto Rico HUD Nonmetro Area $385 $393 $444 $616 $681 38,603
Yauco, PR MSA Metro $385 $393 $444 $594 $596 15,825
Mayagüez, PR MSA Metro $439 $449 $507 $617 $781 15,731
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