FY2027 Small Area FMR · Puerto Rico
ZIP 00638 Fair Market Rent & Payment Standards
HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 00638 (Puerto Rico) is $600 a month, unchanged from FY2026. That is 15% below the San Juan-Guaynabo, PR area-wide FMR of $706.
Payment standard range, 2 bedrooms
Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.
FY2027 FY2026
Where 00638 sits in the San Juan-Guaynabo, PR area
Of the 96 ZIP codes HUD lists for the area, 00638 has the 78th highest two-bedroom Small Area FMR. San Juan-Guaynabo, PR is not on HUD's list of mandatory Small Area FMR areas, so voucher payment standards here are normally based on the area-wide FMR of $706 for two bedrooms; an agency that opts in to Small Area FMRs would use $600 for this ZIP code instead.
ZIP code 00638 crosses more than one HUD area. HUD also lists it under Barranquitas-Aibonito, PR (same figures). The figure that applies depends on which side of the line the home is.
All unit sizes
| Unit | FY2027 SAFMR | Payment standard range | Area-wide FMR | FY2026 SAFMR |
|---|---|---|---|---|
| Studio | $510 | $459 – $561 | $592 | $500 |
| 1 bedroom | $520 | $468 – $572 | $604 | $520 |
| 2 bedrooms | $600 | $540 – $660 | $706 | $600 |
| 3 bedrooms | $790 | $711 – $869 | $920 | $780 |
| 4 bedrooms | $950 | $855 – $1,045 | $1,117 | $930 |
A household renting a two-bedroom home at the Small Area FMR of $600 needs about $24,000 a year to keep housing costs at 30% of income. The area median family income is $41,400 and the 80% low-income limit for four people is $33,100. ZIP code 00638 lies mainly in Ciales Municipio, Orocovis Municipio and Manatí Municipio. See the San Juan-Guaynabo, PR metro page for the full income limits table and the household check.
Questions
What is the Fair Market Rent for ZIP code 00638?
HUD's FY2027 Small Area Fair Market Rents for 00638 are $510 (studio), $520 (1 BR), $600 (2 BR), $790 (3 BR) and $950 (4 BR) a month.
What is the Section 8 payment standard in 00638?
Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 00638 that range is $540 to $660 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.
Which income limits apply in 00638?
The FY2026 income limits of the San Juan-Guaynabo, PR area apply: median family income $41,400, low-income (80%) limit $33,100 for a family of four.