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RentData.org Logo Mayagüez Fair Market Rent FY 2020 Mayagüez, PR MSA Rental Data

Fair Market Rent Prices in Mayagüez, PR :
$403 $415 $472 $588 $829
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 Mayagüez are very low compared to the national average. This FMR area is less expensive than 100% of other FMR areas. Fair Market Rent for a two-bedroom apartment in Mayagüez is $472 per month.

The previous year, rent for a two-bedroom home was $462 per month. This is a 2.16% 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 METRO32420M32420.

Additionally, This Fair Market Rent (FMR) area Mayagüez, PR MSA spans one county or city in Puerto Rico which is listed in the table below. Estimated population of Mayagüez, PR MSA FMR area is 16,475 people based on latest Census data.

Compared to the rest of Puerto Rico, the Mayagüez FMR area is more expensive than 76% of the state.

Puerto Rico Rents Map

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

Median Rent Prices in Mayagüez

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 $ 457
1-BR 1-Bedroom $ 470
2-BR 2-Bedroom $ 535
3-BR 3-Bedroom $ 667
4-BR 4-Bedroom $ 939
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025

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

County / Region Est. Population
Mayagüez, PR Metro 16,475
Zip Codes in Mayagüez, PR MSA

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

Lookup Fair Market Rent by Zip Code

What's Next?

Here are some additional resources you may also be interested in:

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