Carolina Municipio, PR

2024 Fair Market Rents

Tags: 2024 San Juan-Guaynabo, PR HUD Metro FMR Area

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

The top two largest cities in Carolina Municipio are San Juan and Carolina. 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 Carolina Municipio use?

Small Area Fair Market Rents were created by the HUD for this county/Metro Fmr Area however Carolina 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 Carolina Municipio compare?

Carolina Municipio ($668) has a 16.4% higher FMR for 2-Bedroom housing than the average of Puerto Rico ($574) and therefore a higher gross rent.

Carolina Municipio is rank 1st out of 78 counties. This means the FMRs, or in other words, the gross rent is higher than all other counties. Carolina Municipio is the most expensive county in terms of FMRs.

Rent Tables Carolina Municipio, PR

Fair Market Rent (40th Percentile)

$556
studio
$583
1-Bedroom
$668
2-Bedroom
$882
3-Bedroom
$1,056
4-Bedroom

Median Rent (50th Percentile)

$603
studio
$633
1-Bedroom
$725
2-Bedroom
$957
3-Bedroom
$1,146
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
00937 $640 $670 $770 $1,020 $1,220
00981 $640 $670 $770 $1,020 $1,220
00982 $600 $630 $720 $950 $1,140
00983 $570 $600 $690 $910 $1,090
00984 $640 $670 $770 $1,020 $1,220
00985 $580 $610 $700 $920 $1,110
00986 $640 $670 $770 $1,020 $1,220
00987 $710 $740 $850 $1,120 $1,340
00988 $640 $670 $770 $1,020 $1,220
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
00937 $576 $603 $693 $918 $1,098
00981 $576 $603 $693 $918 $1,098
00982 $540 $567 $648 $855 $1,026
00983 $513 $540 $621 $819 $981
00984 $576 $603 $693 $918 $1,098
00985 $522 $549 $630 $828 $999
00986 $576 $603 $693 $918 $1,098
00987 $639 $666 $765 $1,008 $1,206
00988 $576 $603 $693 $918 $1,098
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
00937 $704 $737 $847 $1,122 $1,342
00981 $704 $737 $847 $1,122 $1,342
00982 $660 $693 $792 $1,045 $1,254
00983 $627 $660 $759 $1,001 $1,199
00984 $704 $737 $847 $1,122 $1,342
00985 $638 $671 $770 $1,012 $1,221
00986 $704 $737 $847 $1,122 $1,342
00987 $781 $814 $935 $1,232 $1,474
00988 $704 $737 $847 $1,122 $1,342

Fair Market Rents on this page apply to the following cities in Carolina Municipio, Puerto Rico: San Juan and Carolina.

These Fair Market Rents also apply to the following ZIP codes in Carolina Municipio, Puerto Rico: 00937, 00981, 00982, 00983, 00984, 00985, 00986, 00987, and 00988.

Carolina Municipio, PR is considered part of the following metro FMR area: SAN JUAN-GUAYNABO, PR HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Aguas Buenas Municipio, PR, Barceloneta Municipio, PR, Bayamón Municipio, PR, Canóvanas Municipio, PR, Cataño Municipio, PR, Comerío Municipio, PR, Corozal Municipio, PR, Dorado Municipio, PR, Florida Municipio, PR, Guaynabo Municipio, PR, Humacao Municipio, PR, Juncos Municipio, PR, Las Piedras Municipio, PR, Loíza Municipio, PR, Manatí Municipio, PR, Maunabo Municipio, PR, Morovis Municipio, PR, Naguabo Municipio, PR, Naranjito Municipio, PR, Río Grande Municipio, PR, San Juan Municipio, PR, Toa Alta Municipio, PR, Toa Baja Municipio, PR, Trujillo Alto Municipio, PR, Vega Alta Municipio, PR, Vega Baja Municipio, PR, and Yabucoa Municipio, PR.

More on Carolina Municipio, PR

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

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