FY2026 Fair Market Rents — Fajardo, PR HUD Metro FMR Area
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$487
1BR
$490
2BR
$600
3BR
$736
4BR
$799
Hours/week at min wage
44 hrs
to afford the 2BR FMR @ $10.50/hr (PR)
National rank
#652
of 661 U.S. metros (top 99% most expensive)
YoY change (2BR)
+1.9%
+$11 vs FY2025 · 5-yr +21.2%
Voucher payment standard
$540–$660
PHAs set HCV payment at 90–110% of the 2BR FMR
Fajardo, PR HUD Metro FMR Area
Metropolitan area · PR · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $487 | $5,844 |
| 1-Bedroom | $490 | $5,880 |
| 2-Bedroom | $600 | $7,200 |
| 3-Bedroom | $736 | $8,832 |
| 4-Bedroom | $799 | $9,588 |
Recent 2-Bedroom FMR Trend
FY2020 $503 → FY2026 $600
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $487 | $490 | $600 | $736 | $799 |
| FY2025 | $503 | $506 | $589 | $740 | $828 |
| FY2024 | $534 | $549 | $616 | $800 | $919 |
| FY2023 | $475 | $486 | $549 | $739 | $875 |
| FY2022 | $438 | $446 | $508 | $699 | $836 |
| FY2021 | $396 | $434 | $495 | $679 | $803 |
| FY2020 | $403 | $421 | $503 | $669 | $786 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $30,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $12,250 | $14,000 | $15,750 | $17,500 | $18,900 | $20,300 |
| 50% AMI (Very Low) | $12,250 | $14,000 | $15,750 | $17,500 | $18,900 | $20,300 |
| 80% AMI (Low) | $19,600 | $22,400 | $25,200 | $28,000 | $30,250 | $32,500 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$7,200/yr
FMR as % of Area Median Income
23.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$24,000/yr
$2,000/mo gross income
FY2026 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 | $269 | $308 | $346 | $415 | $446 |
| 60% AMI Maximum | $323 | $369 | $415 | $498 | $535 |
FY2026 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 | $487 | $490 | $500 | $500 | $500 |
| Low HOME Rent | $306 | $350 | $393 | $437 | $472 |
Compare Fajardo, PR HUD Metro FMR Area With Other PR Metros
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