Location: San Juan-Guaynabo, PR | Metro: San Juan-Guaynabo, PR HUD Metro FMR Area
| Unit Size | Monthly FMR |
|---|---|
| Studio | $510 |
| 1 Bedroom | $520 |
| 2 Bedrooms | $600 |
| 3 Bedrooms | $790 |
| 4 Bedrooms | $950 |
| 5 Bedrooms | $1,102 |
| 6 Bedrooms | $1,234 |
| 7 Bedrooms | $1,333 |
| 8 Bedrooms | $1,400 |
ZIP code 00744 is located in Rio Blanco, Puerto Rico, a small community within the Naguabo municipality. It is situated in the eastern coastal region of Puerto Rico. This ZIP code is classified as PO Box only, indicating that it is designated as a PO Box Only Zone with no alternative mail delivery available for this area. The post office maintains 707 PO Boxes and 19 business delivery points, serving the Rio Blanco area along Highway 31.
The limited population and housing data for ZIP code 00744 make it challenging to provide specific demographic insights such as the percentage of renters or median income. However, the presence of 707 active PO Boxes suggests an active service area that extends beyond the immediate post office location.
Moving onto the rent economics, the Fair Market Rent (FMR) for ZIP code 00744 is set at $560 for the fiscal year 2024. Given the lack of detailed market rent data, this FMR figure serves as a benchmark for rental pricing in the area.
In terms of investment strategy, ZIP code 00744 may be more suitable for a hands-on value-add buyer rather than a hands-off voucher operator. The small size and unique characteristics of the community require a more engaged approach to property management and maintenance, which can lead to higher returns for those willing to invest time and effort.
Data Sources: FMR data from HUD (2027).
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.