FY2026 Fair Market Rents — Lares Municipio
Studio
$439
1BR
$441
2BR
$504
3BR
$661
4BR
$717
Lares Municipio, Puerto Rico
FIPS 72081 · County-level FMR and income limit data
FMR Area: Aguadilla-Isabela, PR HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $439 | $5,268 |
| 1-Bedroom | $441 | $5,292 |
| 2-Bedroom | $504 | $6,048 |
| 3-Bedroom | $661 | $7,932 |
| 4-Bedroom | $717 | $8,604 |
To afford the FY2026 2-bedroom FMR of $504/mo under the 30%-of-income rule, a household needs about
$20,160/yr ($1,680/mo). Area Median Income is $27,900.
At PR's state minimum wage of $10.50/hr, a worker would need to work 37 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $439 | $441 | $504 | $661 | $717 |
| FY2025 | $487 | $490 | $560 | $681 | $758 |
| FY2024 | $450 | $453 | $519 | $632 | $713 |
| FY2023 | $384 | $420 | $485 | $597 | $677 |
| FY2022 | $387 | $402 | $462 | $574 | $676 |
| FY2021 | $381 | $393 | $448 | $571 | $684 |
| FY2020 | $362 | $372 | $424 | $554 | $669 |
FY2026 Income Limits
Area Median Income: $27,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $10,300 | $11,800 | $13,250 | $14,700 | $15,900 | $17,100 |
| 50% AMI | $10,300 | $11,800 | $13,250 | $14,700 | $15,900 | $17,100 |
| 80% AMI | $16,450 | $18,800 | $21,150 | $23,500 | $25,400 | $27,300 |