FY2026 Fair Market Rents — Caguas, PR HUD Metro FMR Area
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$472
1BR
$475
2BR
$576
3BR
$801
4BR
$966
Hours/week at min wage
43 hrs
to afford the 2BR FMR @ $10.50/hr (PR)
National rank
#653
of 661 U.S. metros (top 100% most expensive)
YoY change (2BR)
-0.2%
$1 vs FY2025 · 5-yr +16.6%
Voucher payment standard
$518–$634
PHAs set HCV payment at 90–110% of the 2BR FMR
Caguas, 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) | $472 | $5,664 |
| 1-Bedroom | $475 | $5,700 |
| 2-Bedroom | $576 | $6,912 |
| 3-Bedroom | $801 | $9,612 |
| 4-Bedroom | $966 | $11,592 |
Recent 2-Bedroom FMR Trend
FY2020 $485 → FY2026 $576
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $472 | $475 | $576 | $801 | $966 |
| FY2025 | $490 | $493 | $577 | $809 | $969 |
| FY2024 | $511 | $511 | $589 | $830 | $1,000 |
| FY2023 | $445 | $456 | $522 | $742 | $889 |
| FY2022 | $405 | $438 | $505 | $710 | $864 |
| FY2021 | $384 | $433 | $494 | $691 | $842 |
| FY2020 | $381 | $426 | $485 | $682 | $803 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $41,400
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $13,600 | $15,600 | $17,500 | $19,450 | $21,050 | $22,600 |
| 50% AMI (Very Low) | $13,600 | $15,600 | $17,500 | $19,450 | $21,050 | $22,600 |
| 80% AMI (Low) | $21,800 | $24,900 | $28,000 | $31,100 | $33,600 | $36,100 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$6,912/yr
FMR as % of Area Median Income
16.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$23,040/yr
$1,920/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 | $362 | $414 | $465 | $558 | $600 |
| 60% AMI Maximum | $434 | $496 | $558 | $670 | $720 |
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 | $472 | $475 | $576 | $672 | $672 |
| Low HOME Rent | $340 | $390 | $437 | $486 | $526 |
Compare Caguas, PR HUD Metro FMR Area With Other PR Metros
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