HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Gurabo Municipio, Puerto Rico (FY 2027)
HUD's FY 2027 Fair Market Rent for a two-bedroom in Gurabo Municipio is $617 a month. That's the number the housing authority starts from when it sets Section 8 payment standards here.
Two-bedroom FMR
$617
+7.1% from FY 2026
Payment standard
$555–$679
90% to 110% of the FMR, two-bedroom
Income to afford
$24,680
a year, with rent at 30% of income
Rank in Puerto Rico
35th of 78
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $482 | $434–$530 | $19,280 | $9.27/hr | +2.1% |
| 1 bedroom | $502 | $452–$552 | $20,080 | $9.65/hr | +5.7% |
| 2 bedroom | $617 | $555–$679 | $24,680 | $11.87/hr | +7.1% |
| 3 bedroom | $854 | $769–$939 | $34,160 | $16.42/hr | +6.6% |
| 4 bedroom | $1,031 | $928–$1,134 | $41,240 | $19.83/hr | +6.7% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,186 | $1,067–$1,305 |
| 6 bedroom Estimate | $1,340 | $1,206–$1,474 |
| 7 bedroom Estimate | $1,495 | $1,346–$1,645 |
| 8 bedroom Estimate | $1,650 | $1,485–$1,815 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Gurabo actually rent for?
Search any address in Gurabo for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Gurabo somewhere between $555 and $679. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$617 a month is affordable, by HUD's 30% rule, on an income of roughly $24,680 a year. Put another way, $12 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$555 | Voucher pays at 100%$617 | Voucher pays at 110%$679 |
|---|---|---|---|---|
| $2,500 | $750 | $0 | $0 | $0 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 7% from FY 2026 ($576) to FY 2027 ($617). Since FY 2020 it's up 27% in total, about 3.5% a year. The Puerto Rico median moved up 9% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $381 | $426 | $485 | $682 | $803 | — |
| FY 2021 | $384 | $433 | $494 | $691 | $842 | +1.9% |
| FY 2022 | $405 | $438 | $505 | $710 | $864 | +2.2% |
| FY 2023 | $445 | $456 | $522 | $742 | $889 | +3.4% |
| FY 2024 | $511 | $511 | $589 | $830 | $1,000 | +12.8% |
| FY 2025 | $490 | $493 | $577 | $809 | $969 | -2.0% |
| FY 2026 | $472 | $475 | $576 | $801 | $966 | -0.2% |
| FY 2027In effect | $482 | $502 | $617 | $854 | $1,031 | +7.1% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Gurabo, that runs from $482 for a studio up to $1,031 for four bedrooms, all five rates in the table above.
This is a metro rate. The municipio doesn't get one of its own. HUD lumps Gurabo in with 4 other municipios in the Caguas metro, Caguas Municipio, Cayey Municipio, Cidra Municipio among them, and every one of them gets $617 for a two-bedroom. Where you are inside the metro doesn't change the municipio number. It does change the ZIP number, covered below.
Among Puerto Rico's 78 counties, Gurabo ranks 35th for two-bedroom FMR. That's within a couple percent of the state median of $613 and about 42% below the national median county at $1,063. About 40,228 people live here, 21st in the state.
Counties sharing the Caguas metro rate
HUD sets one rate for the whole metro, so every county here carries the same $617 two-bedroom figure as Gurabo.
Questions people ask
$617 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $482 for a studio, $502 for one bedroom, $854 for three and $1,031 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Gurabo actually go for?
HUD's number is one input. Search any address in Gurabo for a rent estimate built from nearby comps. Free to start, no card.
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