Hormigueros Municipio, PR

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

The top one largest cities in Hormigueros Municipio are Hormigueros. 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 Hormigueros Municipio use?

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

Hormigueros Municipio ($532) has a 7.3% lower FMR for 2-Bedroom housing than the average of Puerto Rico ($574) and therefore has a lower gross rent.

Hormigueros Municipio is rank 37th out of 78 counties. This means the FMRs, or in other words, the gross rent is higher than 41 other counties. Hormigueros Municipio is the 37th most expensive county in terms of FMRs.

Rent Tables Hormigueros Municipio, PR

Fair Market Rent (40th Percentile)

Median Rent (50th Percentile)

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.

Related Areas

Fair Market Rents on this page apply to the following city in Hormigueros Municipio, Puerto Rico: Hormigueros.

These Fair Market Rents also apply to the following ZIP code in Hormigueros Municipio, Puerto Rico: 00660.

Hormigueros Municipio, PR is considered part of the following metro FMR area: MAYAGüEZ, PR MSA.

Other counties in the same metro FMR area are: Las Marías Municipio, PR, and Mayagüez Municipio, PR.

More on Hormigueros Municipio, PR

• Loan Limits to view maximum loan amounts in Hormigueros Municipio, PR
• Property Taxes to find local Property Taxes
• Income Limits to learn more about income assistance in your area
• Housing Authorites to find your local Housing Authorities

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