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Average Fair Market Rent Prices in Puerto Rico:
$460 $469 $537 $708 $791
Studio / Efficiency 1-Bedroom 2-Bedroom 3-Bedroom 4-Bedroom
0-BR 1-BR 2-BR 3-BR 4-BR

Puerto Rico (54) has the 111th highest rent in the country out of 112 states and territories. The Fair Market Rent in Puerto Rico ranges from $473 for a 2-bedroom apartment in Puerto Rico HUD Nonmetro Area to $668 for a 2-bedroom unit in San Juan-Guaynabo, PR HUD Metro FMR Area.

For FY 2024, the San Juan-Guaynabo, PR HUD Metro FMR Area (Aguas Buenas Municipio) rent for a studio or efficiency is $556 per month and $1,056 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Puerto Rico is $537 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Puerto Rico is around 460,025 people. So, there are around 69,004 people in Puerto Rico who could be receiving housing benefits from the HUD.

Click on your region in the list below or on the map to see a more detailed break down of rental prices.

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

Puerto Rico Fair Market Rent Map

Click on a region to view more detailed rent data.

Lookup FMR by Zip Code FHA Loan Limits in Puerto Rico
Change Year:
2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025
County 0 BR 1 BR 2 BR 3 BR 4 BR Est. Population
Ponce, PR MSA Metro $454 $467 $524 $738 $828 17,614
Aguadilla-Isabela, PR MSA Metro $450 $453 $519 $632 $713 37,307
San Juan-Guaynabo, PR HUD Metro FMR Area Metro $556 $583 $668 $882 $1,056 25,298
Barranquitas-Aibonito, PR HUD Metro FMR Area Metro $450 $458 $526 $636 $732 22,545
Arecibo, PR MSA Metro $453 $464 $522 $711 $760 83,682
Guayama, PR MSA Metro $404 $406 $485 $643 $646 17,502
San German, PR MSA Metro $423 $425 $520 $669 $717 47,977
Caguas, PR HUD Metro FMR Area Metro $511 $511 $589 $830 $1,000 126,734
Fajardo, PR HUD Metro FMR Area Metro $534 $549 $616 $800 $919 11,207
Puerto Rico HUD Nonmetro Area $410 $421 $473 $667 $737 38,603
Yauco, PR MSA Metro $410 $421 $473 $628 $630 15,825
Mayagüez, PR MSA Metro $461 $474 $532 $664 $758 15,731

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