FY2027 Small Area FMR · Puerto Rico

ZIP 00962 Fair Market Rent & Payment Standards

HUD's FY2027 Small Area Fair Market Rent for a two-bedroom home in ZIP code 00962 (Puerto Rico) is $660 a month, up 8.2% from FY2026. That is 7% below the San Juan-Guaynabo, PR area-wide FMR of $706.

2-bedroom SAFMR$660per month ▲ 8.2%

Area-wide 2 BR FMR$706San Juan-Guaynabo, PR

Rank in the area62ndof 96 ZIP codes

Payment standard range, 2 bedrooms

90% of SAFMR$594

2 BR Small Area FMR$660

110% of SAFMR$726

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

Studio$550▲ 7.8%

1 BR$570▲ 7.5%

2 BR$660▲ 8.2%

3 BR$860▲ 7.5%

4 BR$1,040▲ 8.3%

FY2027 FY2026

Where 00962 sits in the San Juan-Guaynabo, PR area

Of the 96 ZIP codes HUD lists for the area, 00962 has the 62nd 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 $660 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	$550	$495 – $605	$592	$510
1 bedroom	$570	$513 – $627	$604	$530
2 bedrooms	$660	$594 – $726	$706	$610
3 bedrooms	$860	$774 – $946	$920	$800
4 bedrooms	$1,040	$936 – $1,144	$1,117	$960

A household renting a two-bedroom home at the Small Area FMR of $660 needs about $26,400 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 00962 lies mainly in Cataño Municipio and Guaynabo 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 00962?

HUD's FY2027 Small Area Fair Market Rents for 00962 are $550 (studio), $570 (1 BR), $660 (2 BR), $860 (3 BR) and $1,040 (4 BR) a month.

What is the Section 8 payment standard in 00962?

Housing agencies set payment standards between 90% and 110% of the applicable FMR without HUD approval. For a two-bedroom unit in 00962 that range is $594 to $726 if the agency uses Small Area FMRs. Ask your housing agency for its actual payment standard.

Which income limits apply in 00962?

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.