Fajardo Municipio, PR

2025 Fair Market Rents

Tags: 2025 Fajardo, PR HUD Metro FMR Area

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

The top two largest cities in Fajardo Municipio are Fajardo and Puerto Real. 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 Fajardo Municipio use?

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

Fajardo Municipio ($589) has a 1.7% higher FMR for 2-Bedroom housing than the average of Puerto Rico ($579) and therefore a higher gross rent.

Fajardo Municipio is rank 29th out of 78 counties. This means the FMRs, or in other words, the gross rent is higher than 49 other counties. Fajardo Municipio is the 29th most expensive county in terms of FMRs.

Rent Tables Fajardo Municipio, PR

Fair Market Rent (40th Percentile)

$503
studio
$506
1-Bedroom
$589
2-Bedroom
$740
3-Bedroom
$828
4-Bedroom

Median Rent (50th Percentile)

$543
studio
$546
1-Bedroom
$635
2-Bedroom
$798
3-Bedroom
$889
4-Bedroom

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.

ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
00738 $510 $520 $600 $750 $850
00740 $510 $530 $600 $760 $880
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
00738 $459 $468 $540 $675 $765
00740 $459 $477 $540 $684 $792
ZipCode Studio 1-Bed 2-Bed 3-Bed 4-Bed
00738 $561 $572 $660 $825 $935
00740 $561 $583 $660 $836 $968

Fair Market Rents on this page apply to the following cities in Fajardo Municipio, Puerto Rico: Fajardo and Puerto Real.

These Fair Market Rents also apply to the following ZIP codes in Fajardo Municipio, Puerto Rico: 00738 and 00740.

Fajardo Municipio, PR is considered part of the following metro FMR area: FAJARDO, PR HUD METRO FMR AREA.

Other counties in the same metro FMR area are: Ceiba Municipio, PR, and Luquillo Municipio, PR.

More on Fajardo Municipio, PR

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Data Source

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Fair Market Rents are published by the Department of Housing And Urban Development.