What is the Fair Market Rent for a 2-bedroom in Utuado Municipio, PR HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Utuado Municipio, PR HUD Metro FMR Area is $425 per month for fiscal year 2021. The studio FMR is $362, 1-bedroom is $373, 3-bedroom is $529, and 4-bedroom is $576.

What income do you need to afford the FMR in Utuado Municipio, PR HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $17,000 per year ($1,417 per month) to afford the FY2021 2-bedroom Fair Market Rent of $425 in Utuado Municipio, PR HUD Metro FMR Area.

FY2021 Fair Market Rents — Utuado Municipio, PR HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2021 in this area are:

Studio

$362

1BR

$373

2BR

$425

3BR

$529

4BR

$576

Hours/week at min wage

32 hrs

to afford the 2BR FMR @ $10.50/hr (PR)

National rank

#628

of 632 U.S. metros (top 100% most expensive)

YoY change (2BR)

-0.2%

$1 vs FY2020

Voucher payment standard

$383–$468

PHAs set HCV payment at 90–110% of the 2BR FMR

Utuado Municipio, PR HUD Metro FMR Area

Metropolitan area · PR · View full history · Income limits · LIHTC rents

FY2021 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$362	$4,344
1-Bedroom	$373	$4,476
2-Bedroom	$425	$5,100
3-Bedroom	$529	$6,348
4-Bedroom	$576	$6,912

Recent 2-Bedroom FMR Trend

FY2017 $432 → FY2021 $425

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2021	$362	$373	$425	$529	$576
FY2020	$364	$374	$426	$531	$577
FY2019	$364	$373	$427	$535	$577
FY2018	$310	$312	$415	$520	$565
FY2017	$323	$325	$432	$540	$595

View full FMR history back to FY2000 →

FY2021 Income Limits

Area Median Income (AMI): $21,300

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$5,250	$6,000	$6,750	$7,450	$8,050	$8,650
50% AMI (Very Low)	$8,700	$9,950	$11,200	$12,400	$13,400	$14,400
80% AMI (Low)	$13,900	$15,900	$17,900	$19,850	$21,450	$23,050

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$5,100/yr

FMR as % of Area Median Income

23.9% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$17,000/yr

$1,417/mo gross income

FY2021 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band	Studio	1BR	2BR	3BR	4BR
50% AMI Maximum	$186	$213	$239	$287	$308
60% AMI Maximum	$223	$255	$287	$345	$370

FY2021 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type	Studio	1BR	2BR	3BR	4BR
High HOME Rent	$346	$346	$346	$346	$346
Low HOME Rent	$217	$248	$280	$310	$335

Compare Utuado Municipio, PR HUD Metro FMR Area With Other PR Metros

vs. Aguadilla-Isabela, PR HUD Metro FMR Area vs. Arecibo, PR HUD Metro FMR Area vs. Arecibo, PR MSA vs. Barranquitas-Aibonito, PR HUD Metro FMR Area vs. Caguas, PR HUD Metro FMR Area