Puerto Rico Fair Market Rents

2022 Fair Market Rents

2022 FMRs in Puerto Rico by county. Click on the map below to view FMRs for a particular county.

Puerto Rico Bar Graph

FMRs vary across Puerto Rico based on County and ZIP code as well as number of bedrooms. The average FMR for a two-bedroom apartment in Puerto Rico is $485.

The highest average FMR for a two-bedroom apartment in the United States is $1,888 in Hawaii. The lowest for a two-bedroom apartment is $485 in Puerto Rico.

FMRs in Puerto Rico are based on the price of monthly rent plus the cost of essential utilities. FMRs vary by county or ZIP Code. Generally areas with a lower population density have a lower gross rent (lower FMRs) but there are exceptions.

View the Fair Market Rents Overview for information on how FMRs are calculated. Click on a specific county from the table below for detailed FMR information including Small Area FMRs.

How does Puerto Rico compare?

The highest FMR for a two-bedroom apartment in Puerto Rico is $538 in Humacao Municipio, Toa Baja Municipio, and 26 others. The lowest FMR for a two-bedroom apartment is $422 in Guanica Municipio, Guayanilla Municipio, and 2 others.

Puerto Rico ($485) has a 51.4% lower FMR for 2-Bedroom housing than the average of the US ($997) and therefore has a lower gross rent.

Puerto Rico is rank 56th out of 56 States and territories. This means the FMRs, or in other words, the gross rent is lower than all other States and territories. Puerto Rico is the cheapest State or territory in terms of FMRs.

Average FMRs for Puerto Rico

56th
Rank
$400
Studio
$423
1-person
$485
2-person
$646
3-person
$760
4-person
Counties in Puerto Rico (78)
County Rank Studio 1-Bed 2-Bed 3-Bed 4-Bed
Humacao Municipio 1st $428 $466 $538 $719 $868
Toa Baja Municipio 1st $428 $466 $538 $719 $868
Toa Alta Municipio 1st $428 $466 $538 $719 $868
Comerio Municipio 1st $428 $466 $538 $719 $868
Corozal Municipio 1st $428 $466 $538 $719 $868
Florida Municipio 1st $428 $466 $538 $719 $868
San Juan Municipio 1st $428 $466 $538 $719 $868
Rio Grande Municipio 1st $428 $466 $538 $719 $868
Guaynabo Municipio 1st $428 $466 $538 $719 $868
Dorado Municipio 1st $428 $466 $538 $719 $868
Juncos Municipio 1st $428 $466 $538 $719 $868
Naranjito Municipio 1st $428 $466 $538 $719 $868
Las Piedras Municipio 1st $428 $466 $538 $719 $868
Loiza Municipio 1st $428 $466 $538 $719 $868
Manati Municipio 1st $428 $466 $538 $719 $868
Naguabo Municipio 1st $428 $466 $538 $719 $868
Maunabo Municipio 1st $428 $466 $538 $719 $868
Morovis Municipio 1st $428 $466 $538 $719 $868
Barceloneta Municipio 1st $428 $466 $538 $719 $868
Vega Alta Municipio 1st $428 $466 $538 $719 $868
Catano Municipio 1st $428 $466 $538 $719 $868
Carolina Municipio 1st $428 $466 $538 $719 $868
Canovanas Municipio 1st $428 $466 $538 $719 $868
Vega Baja Municipio 1st $428 $466 $538 $719 $868
Yabucoa Municipio 1st $428 $466 $538 $719 $868
Aguas Buenas Municipio 1st $428 $466 $538 $719 $868
Trujillo Alto Municipio 1st $428 $466 $538 $719 $868
Bayamon Municipio 1st $428 $466 $538 $719 $868
Fajardo Municipio 29th $438 $446 $508 $699 $836
Ceiba Municipio 29th $438 $446 $508 $699 $836
Luquillo Municipio 29th $438 $446 $508 $699 $836
San Lorenzo Municipio 32nd $405 $438 $505 $710 $864
Gurabo Municipio 32nd $405 $438 $505 $710 $864
Caguas Municipio 32nd $405 $438 $505 $710 $864
Cidra Municipio 32nd $405 $438 $505 $710 $864
Cayey Municipio 32nd $405 $438 $505 $710 $864
Hormigueros Municipio 37th $420 $427 $487 $602 $819
Mayaguez Municipio 37th $420 $427 $487 $602 $819
Las Marias Municipio 37th $420 $427 $487 $602 $819
Juana Diaz Municipio 40th $392 $399 $455 $646 $750
Ponce Municipio 40th $392 $399 $455 $646 $750
Villalba Municipio 40th $392 $399 $455 $646 $750
Adjuntas Municipio 40th $392 $399 $455 $646 $750
Quebradillas Municipio 44th $399 $406 $463 $617 $731
Arecibo Municipio 44th $399 $406 $463 $617 $731
Hatillo Municipio 44th $399 $406 $463 $617 $731
Camuy Municipio 44th $399 $406 $463 $617 $731
Rincon Municipio 48th $387 $402 $462 $574 $676
Utuado Municipio 48th $387 $402 $462 $574 $676
Aguada Municipio 48th $387 $402 $462 $574 $676
San Sebastian Municipio 48th $387 $402 $462 $574 $676
Lares Municipio 48th $387 $402 $462 $574 $676
Aguadilla Municipio 48th $387 $402 $462 $574 $676
Isabela Municipio 48th $387 $402 $462 $574 $676
Anasco Municipio 48th $387 $402 $462 $574 $676
Moca Municipio 48th $387 $402 $462 $574 $676
Cabo Rojo Municipio 57th $356 $384 $437 $586 $693
Lajas Municipio 57th $356 $384 $437 $586 $693
Sabana Grande Municipio 57th $356 $384 $437 $586 $693
San German Municipio 57th $356 $384 $437 $586 $693
Maricao Municipio 61st $364 $370 $422 $575 $631
Coamo Municipio 61st $364 $370 $422 $575 $631
Santa Isabel Municipio 61st $364 $370 $422 $575 $631
Culebra Municipio 61st $364 $370 $422 $575 $631
Salinas Municipio 61st $364 $370 $422 $575 $631
Vieques Municipio 61st $364 $370 $422 $575 $631
Jayuya Municipio 61st $364 $370 $422 $575 $631
Aibonito Municipio 68th $360 $390 $444 $549 $605
Orocovis Municipio 68th $360 $390 $444 $549 $605
Ciales Municipio 68th $360 $390 $444 $549 $605
Barranquitas Municipio 68th $360 $390 $444 $549 $605
Guayama Municipio 72nd $370 $378 $431 $582 $584
Arroyo Municipio 72nd $370 $378 $431 $582 $584
Patillas Municipio 72nd $370 $378 $431 $582 $584
Guanica Municipio 75th $362 $370 $422 $572 $574
Guayanilla Municipio 75th $362 $370 $422 $572 $574
Penuelas Municipio 75th $362 $370 $422 $572 $574
Yauco Municipio 75th $362 $370 $422 $572 $574

More on Puerto Rico

Want to learn more about Puerto Rico? See Loan Limits in Puerto Rico to view maximum loan amounts or click here to find a Public Housing Authority in Puerto Rico who can help with finding affordable housing near you.

Citation

Link to this Page:

Questions or Comments? Contact us

Data Source

HUD Seal

Fair Market Rents are estimated by the HUD.