HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Las Marías Municipio, Puerto Rico (FY 2026)
$516 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Las Marías Municipio, and it's the baseline every voucher in Las Marías is measured against.
2 bedroom FMR
$516
FY 2026, utilities included
Payment standard range
$464 to $568
90% to 110% of FMR
Income to afford 2BR
$20,640
per year, at 30% of income
Rank in Puerto Rico
54th of 78
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Las Marías moves to $517. That's unchanged. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Las Marías actually rent for?
Search any address in Las Marías for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $449 | $404 to $494 | $17,960 | $8.63/hr | -9.8% |
| 1 bedroom | $467 | $420 to $514 | $18,680 | $8.98/hr | -9.8% |
| 2 bedroom | $516 | $464 to $568 | $20,640 | $9.92/hr | -9.9% |
| 3 bedroom | $661 | $595 to $727 | $26,440 | $12.71/hr | -9.5% |
| 4 bedroom | $762 | $686 to $838 | $30,480 | $14.65/hr | -9.9% |
5 to 8 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 | $876 | $788 to $964 |
| 6 bedroom Estimate | $991 | $892 to $1,090 |
| 7 bedroom Estimate | $1,105 | $995 to $1,216 |
| 8 bedroom Estimate | $1,219 | $1,097 to $1,341 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
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 2026 that's October 1, 2025 through September 30, 2026. In Las Marías, that runs from $449 for a studio up to $762 for four bedrooms, all five rates in the table above.
Because Las Marías sits outside any HUD metro area, its rate is a municipio-wide figure built from local rents. One number covers every address in the municipio.
Among Puerto Rico's 78 counties, Las Marías ranks 54th for two-bedroom FMR. That's about 9% below the state median of $564 and about 49% below the national median county at $1,018. About 8,826 people live here, 75th in the state.
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 Las Marías somewhere between $464 and $568. 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.
$516 a month is affordable, by HUD's 30% rule, on an income of roughly $20,640 a year. Put another way, $10 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($464) | HAP at 100% ($516) | HAP at 110% ($568) |
|---|---|---|---|---|
| $2,500 | $750 | $0 | $0 | $0 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went down 10% from FY 2025 ($573) to FY 2026 ($516). Since FY 2020 it's up 26% in total, about 3.9% a year. The Puerto Rico median moved down 2% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $346 | $349 | $409 | $544 | $614 | — |
| FY 2021 | $361 | $369 | $421 | $561 | $623 | +2.9% |
| FY 2022 | $420 | $427 | $487 | $602 | $819 | +15.7% |
| FY 2023 | $439 | $449 | $507 | $617 | $781 | +4.1% |
| FY 2024 | $461 | $474 | $532 | $664 | $758 | +4.9% |
| FY 2025 | $498 | $518 | $573 | $730 | $846 | +7.7% |
| FY 2026 | $449 | $467 | $516 | $661 | $762 | -9.9% |
| FY 2027 | $456 | $475 | $517 | $697 | $743 | +0.2% |
Questions people ask
$516 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $449 for a studio, $467 for one bedroom, $661 for three and $762 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the 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
See what income a household needs for a given rent.
What does a rental in Las Marías actually go for?
HUD's number is one input. Search any address in Las Marías for a rent estimate built from nearby comps. 3 free searches, no card.
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