FMR Lookup › Puerto Rico › San Juan-Guaynabo
Section 8 Fair Market Rent in San Juan-Guaynabo, PR (FY2027)
HUD's official FY2027 Fair Market Rents for the San Juan-Guaynabo, PR HUD Metro FMR Area, by bedroom count. These figures set the baseline for what the Housing Choice Voucher program pays landlords in this area.
| Unit size | FY2027 FMR | Payment standard range (90–110%) |
|---|---|---|
| Studio / efficiency | $592 | $533 – $651 |
| 1 bedroom | $604 | $544 – $664 |
| 2 bedrooms | $706 | $635 – $777 |
| 3 bedrooms | $920 | $828 – $1,012 |
| 4 bedrooms | $1,117 | $1,005 – $1,229 |
Source: HUD User — FY 2027 Fair Market Rents. FY2027 FMRs are effective October 1, 2026. FY2027 FMRs take effect October 1, 2026; until that date, the prior FY2026 schedule remains in effect. Retrieved 2026-09-07.
How this market compares
The 2-bedroom FMR here is $706 — 22% above the Puerto Rico median of $577 across all 12 FMR areas in the state.
Counties and towns covered
The San Juan-Guaynabo, PR FMR area is a metro area covering: Aguas Buenas Municipio, Barceloneta Municipio, Bayamón Municipio, Canóvanas Municipio, Carolina Municipio, Cataño Municipio, Comerío Municipio, Corozal Municipio, Dorado Municipio, Florida Municipio, Guaynabo Municipio, Humacao Municipio, Juncos Municipio, Las Piedras Municipio, Loíza Municipio, Manatí Municipio, Maunabo Municipio, Morovis Municipio, Naguabo Municipio, Naranjito Municipio, Río Grande Municipio, San Juan Municipio, Toa Alta Municipio, Toa Baja Municipio, Trujillo Alto Municipio, Vega Alta Municipio, Vega Baja Municipio, Yabucoa Municipio. One FMR applies across the whole area — HUD does not publish separate figures per city or ZIP here (some large metros have Small Area FMRs by ZIP; check with the local housing authority).
What a landlord actually collects
FMR is the baseline, not the contract rent. The local housing authority sets a payment standard between 90% and 110% of FMR (the range in the table above), and your unit must pass a rent-reasonableness comparison against similar unassisted rentals nearby. The voucher then covers the gap between the tenant's share (roughly 30% of their income) and the approved rent.
Run the numbers for a deal in San Juan-Guaynabo: Section 8 vs market rent, DSCR, or cash-on-cash return.
Comparable Puerto Rico markets by 2BR FMR
| FMR area | 1 BR | 2 BR | 3 BR |
|---|---|---|---|
| Fajardo | $498 | $639 | $782 |
| Caguas | $502 | $617 | $854 |
| Aguadilla | $507 | $613 | $731 |
| Mayagüez | $554 | $603 | $753 |
| San Germán | $455 | $581 | $729 |
| Ponce | $526 | $573 | $793 |
All 12 Puerto Rico FMR areas →
Informational only — not financial, legal, or lending advice. Confirm current payment standards with the housing authority serving San Juan-Guaynabo.