Location: San Juan-Guaynabo, PR | Metro: Caguas, PR HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $520 |
| 1 Bedroom | $540 |
| 2 Bedrooms | $660 |
| 3 Bedrooms | $910 |
| 4 Bedrooms | $1,100 |
| 5 Bedrooms | $1,276 |
| 6 Bedrooms | $1,429 |
| 7 Bedrooms | $1,543 |
| 8 Bedrooms | $1,620 |
U.S. Census Bureau data (2024)
ZIP code 00725 covers the municipality of Guaynabo, Puerto Rico, a distinct suburban area often characterized as part of the San Juan metropolitan area's affluent residential belt. The neighborhood is known for its mix of established suburban developments and commercial zones, offering a quieter alternative to the bustle of nearby San Juan while maintaining access to urban amenities. A key institutional presence anchoring the local economy and providing stability is the Puerto Rico Department of Education's regional offices, alongside various retail centers that serve the daily needs of residents.
From a purely numerical standpoint, the data presents a clear cash-flow opportunity for voucher holders. The HUD SAFMR for a 2-bedroom unit is set at $650, while the Census ACS market rent for the same unit size lags behind at $584. This creates a positive gap of $66 per month in favor of the program subsidy. While median home value and days on market data are not available for this specific ZIP, the rent premium indicates strong government-backed income potential relative to the broader market's established pricing.
Demand drivers here are rooted in the local demographics. With a median household income of $29,575 and a renter share of 35.5%, a significant portion of the population is likely cost-burdened and eligible for housing assistance. This economic reality ensures a steady pipeline of potential voucher tenants. Families are often drawn to the area for its access to well-regarded schools within the Puerto Rico Department of Education system and the convenience of major roadways like PR-20 and PR-5, which facilitate commuting to the San Juan metro area for employment.
The Section 8 verdict for 00725 is a play on cash-flow and stability. The specific advantage here is the guaranteed rate of $650 for a 2-bedroom unit, which exceeds the local market rate of $584. For an investor, securing a voucher at the SAFMR means collecting above-market rents with minimal vacancy risk, driven by a tenant base where over one-third of households rent and local incomes support high assistance eligibility. This makes the area a defensive, income-focused hold rather than a speculative appreciation play.
Data Sources: FMR data from HUD (2027). Demographics from U.S. Census (2024).
About FMR: Fair Market Rent (FMR) is used to determine payment standards for the Section 8 Housing Choice Voucher program, initial renewal rents for some expiring project-based Section 8 contracts, and rent ceilings for HOME Investment Partnerships.