FY2027 Small Area FMR · Puerto Rico

ZIP 00765 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 00765 (Puerto Rico) is $520 a month, up 8.3% from FY2026. That is 1% above the Puerto Rico HUD Nonmetro Area area-wide FMR of $517.

2-bedroom SAFMR$520per month ▲ 8.3%

Area-wide 2 BR FMR$517Puerto Rico HUD Nonmetro Are

Rank in the area12thof 23 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$468

2 BR Small Area FMR$520

110% of SAFMR$572

Housing agencies may set voucher payment standards anywhere from 90% to 110% of the FMR without asking HUD.

Studio$460▲ 12.2%

1 BR$470▲ 9.3%

2 BR$520▲ 8.3%

3 BR$700▲ 6.1%

4 BR$740▲ 2.8%

FY2027 FY2026

Where 00765 sits in the Puerto Rico HUD Nonmetro Area area

Of the 23 ZIP codes HUD lists for the area, 00765 has the 12th highest two-bedroom Small Area FMR. Puerto Rico HUD Nonmetro Area 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 $517 for two bedrooms; an agency that opts in to Small Area FMRs would use $520 for this ZIP code instead.

All unit sizes

Monthly gross rent including utilities
Unit	FY2027 SAFMR	Payment standard range	Area-wide FMR	FY2026 SAFMR
Studio	$460	$414 – $506	$456	$410
1 bedroom	$470	$423 – $517	$475	$430
2 bedrooms	$520	$468 – $572	$517	$480
3 bedrooms	$700	$630 – $770	$697	$660
4 bedrooms	$740	$666 – $814	$743	$720

A household renting a two-bedroom home at the Small Area FMR of $520 needs about $20,800 a year to keep housing costs at 30% of income. The area median family income is $27,900 and the 80% low-income limit for four people is $22,300. ZIP code 00765 lies mainly in Vieques Municipio. See the Puerto Rico HUD Nonmetro Area county page for the full income limits table and the household check.

Questions

What is the Fair Market Rent for ZIP code 00765?

HUD's FY2027 Small Area Fair Market Rents for 00765 are $460 (studio), $470 (1 BR), $520 (2 BR), $700 (3 BR) and $740 (4 BR) a month.

What is the Section 8 payment standard in 00765?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 00765 that range is $468 to $572 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 00765?

The FY2026 income limits of the Puerto Rico HUD Nonmetro Area area apply: median family income $27,900, low-income (80%) limit $22,300 for a family of four.