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RentData.org Logo Fajardo Fair Market Rent FY 2015 Fajardo, PR MSA Rental Data

Fair Market Rent Prices in Fajardo, PR :
$432 $455 $545 $792 $850
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR
Affordable 40th Percentile Metro Area

Fair Market Rent prices in Fajardo are very low compared to the national average. This FMR area is less expensive than 94% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Fajardo is $545 per month.

The previous year, rent for a two-bedroom home was $491 per month. This is a 11% increase year-over-year.

This FMR rate applies to and other cities within the region. The Metro Code or CBSA code for this region is METRO21940M21940.

Additionally, This Fair Market Rent (FMR) area Fajardo, PR MSA spans one county or city in Puerto Rico which is listed in the table below. Estimated population of Fajardo, PR MSA FMR area is 13,631 people based on latest Census data.

Compared to the rest of Puerto Rico, the Fajardo FMR area is more expensive than 81% of the state.

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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 Fajardo. Fair Market Rent is the 40th-percentile of typical rentals in a given region. Learn more

Median Rent Prices in Fajardo

To compute the 40th percentile of rent prices the HUD must determine the median or 50th percentile as well. 50th percentile rent prices are NOT fair market rents (unless otherwise noted as a 50th percentile designated region above). However, some home owners or rents may be interested in the median rent prices as well.

50th Percentile Rental Prices:
0-BR Studio / Efficiency $ 471
1-BR 1-Bedroom $ 496
2-BR 2-Bedroom $ 593
3-BR 3-Bedroom $ 862
4-BR 4-Bedroom $ 925
Change Year:

There is just one county (listed below) within the Fajardo, PR MSA FMR area (most regions, especially metro areas, cover multiple counties). This FMR area covers zero metro areas: .

County / Region Est. Population
Fajardo, PR Metro 13,631
Zip Codes in Fajardo, PR MSA

There is 0 unique zip codes in this Fair Market Rent (FMR) area:

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