Cabo Rojo Municipio, PR

2024 Fair Market Rents

Tags: 2024 San German, PR MSA

Return to the state page to see where Puerto Rico ranks nationally and to view information on other counties.

The top four largest cities in Cabo Rojo Municipio are Boqueron, Cabo Rojo, Lajas, and Mayaguez. Fair Market Rents on this page may apply depending on whether the county uses SAFMRs or county level FMRs. Cities in multiple SAFMR areas will have different SAFMRS based on ZIP code.

What type of FMR does Cabo Rojo Municipio use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Cabo Rojo Municipio is not required to use Small Area FMRs by the HUD. It is at the discretion of the local Housing Authority to determine if SAFMRs or 40th percentile FMRs are used.

To learn more about the criteria the HUD uses to determine if a Metro FMR Area requires Small Area Fair Market Rents click here.

How does Cabo Rojo Municipio compare?

Cabo Rojo Municipio ($520) has a 9.4% lower FMR for 2-Bedroom housing than the average of Puerto Rico ($574) and therefore has a lower gross rent.

Cabo Rojo Municipio is rank 61st out of 78 counties. This means the FMRs, or in other words, the gross rent is lower than 60 other counties. Cabo Rojo Municipio is the 18th cheapest county in terms of FMRs.

Rent Tables Cabo Rojo Municipio, PR

Fair Market Rent (40th Percentile)

$423
studio
$425
1-Bedroom
$520
2-Bedroom
$669
3-Bedroom
$717
4-Bedroom

Median Rent (50th Percentile)

$450
studio
$453
1-Bedroom
$554
2-Bedroom
$713
3-Bedroom
$763
4-Bedroom

Small Market Areas (By Zip Code)

The 90% and 110% SAFMRs represent the minimum and maximum payment standards that can be set by the local Public Housing Authority under regular conditions. The payment standard is the actual value used in Section 8. For more on payment standards click here.

FMRs and SAFMRs are set by the HUD. The local PHA takes these FMR/SAFMR values and may decide to use any value that is within +-10% of the FMR/SAFMR as the payment standard for the areas under their jurisdiction.

For a more in-depth explaination return to the overview page.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
00680 $0 $450 $510 $640 $730
00623 $0 $430 $530 $680 $730
00680 $0 $450 $510 $640 $730
00622 $0 $420 $510 $660 $700
00623 $0 $430 $530 $680 $730
00667 $0 $430 $520 $670 $720
00680 $0 $450 $510 $640 $730
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
00680 $396 $405 $459 $576 $657
00623 $387 $387 $477 $612 $657
00680 $396 $405 $459 $576 $657
00622 $369 $378 $459 $594 $630
00623 $387 $387 $477 $612 $657
00667 $378 $387 $468 $603 $648
00680 $396 $405 $459 $576 $657
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
00680 $484 $495 $561 $704 $803
00623 $473 $473 $583 $748 $803
00680 $484 $495 $561 $704 $803
00622 $451 $462 $561 $726 $770
00623 $473 $473 $583 $748 $803
00667 $462 $473 $572 $737 $792
00680 $484 $495 $561 $704 $803

Fair Market Rents on this page apply to the following cities in Cabo Rojo Municipio, Puerto Rico: Boqueron, Cabo Rojo, Lajas, and Mayaguez.

These Fair Market Rents also apply to the following ZIP codes in Cabo Rojo Municipio, Puerto Rico: 00622, 00623, 00667, and 00680.

Cabo Rojo Municipio, PR is considered part of the following metro FMR area: SAN GERMAN, PR MSA.

Other counties in the same metro FMR area are: Lajas Municipio, PR, Sabana Grande Municipio, PR, and San German Municipio, PR.

More on Cabo Rojo Municipio, PR

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.