FY2025 Fair Market Rents — San Germán, PR MSA
The HUD-published Fair Market Rents for FY2025 in this area are:
Studio
$430
1BR
$433
2BR
$539
3BR
$684
4BR
$718
Hours/week at min wage
40 hrs
to afford the 2BR FMR @ $10.50/hr (PR)
National rank
#635
of 639 U.S. metros (top 100% most expensive)
YoY change (2BR)
+3.7%
+$19 vs FY2024 · 5-yr +29.3%
Voucher payment standard
$485–$593
PHAs set HCV payment at 90–110% of the 2BR FMR
San Germán, PR MSA
Metropolitan area · PR · View full history · Income limits · LIHTC rents
FY2025 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $430 | $5,160 |
| 1-Bedroom | $433 | $5,196 |
| 2-Bedroom | $539 | $6,468 |
| 3-Bedroom | $684 | $8,208 |
| 4-Bedroom | $718 | $8,616 |
Recent 2-Bedroom FMR Trend
FY2019 $419 → FY2025 $539
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2025 | $430 | $433 | $539 | $684 | $718 |
| FY2024 | $423 | $425 | $520 | $669 | $717 |
| FY2023 | $384 | $417 | $471 | $618 | $705 |
| FY2022 | $356 | $384 | $437 | $586 | $693 |
| FY2021 | $319 | $373 | $425 | $581 | $716 |
| FY2020 | $329 | $366 | $417 | $582 | $719 |
| FY2019 | $345 | $366 | $419 | $593 | $736 |
View full FMR history back to FY2000 →
FY2024 Income Limits
Area Median Income (AMI): $29,700
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $10,350 | $11,850 | $13,350 | $14,850 | $16,050 | $17,250 |
| 50% AMI (Very Low) | $10,350 | $11,850 | $13,350 | $14,850 | $16,050 | $17,250 |
| 80% AMI (Low) | $16,650 | $19,000 | $21,350 | $23,750 | $25,650 | $27,550 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$6,468/yr
FMR as % of Area Median Income
21.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$21,560/yr
$1,797/mo gross income
FY2024 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 | $259 | $297 | $334 | $400 | $430 |
| 60% AMI Maximum | $311 | $356 | $400 | $481 | $516 |
FY2024 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 | $423 | $425 | $482 | $482 | $482 |
| Low HOME Rent | $258 | $296 | $333 | $371 | $401 |
Compare San Germán, PR MSA With Other PR Metros
vs. Aguadilla-Isabela, PR HUD Metro FMR Area
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vs. Arecibo, PR MSA
vs. Barranquitas-Aibonito, PR HUD Metro FMR Area
vs. Caguas, PR HUD Metro FMR Area