Housing market/Puerto Rico/ZIP 00740

ACS 2023 · FY2027 SAFMR

ZIP 00740 Puerto Real, Puerto Rico

Fajardo, PR HUD Metro FMR Area · Puerto Rico. Census housing stock, renter economics, HUD SAFMR, LIHTC, and population change. Not a listing page and not a buy/sell score.

Population
1,959
Households
727
Median HH income
$23,173
Renter share
50.8%
Median gross rent
$531
Vacancy
23.0%
Pop. change
+20.5%
2BR SAFMR
$640
SAFMR / rent
1.205×
2–49 unit stock
156
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 00740 · PR — sent to you.

ZIP 00740 · PR

ACS median rent$531
2BR SAFMR$640
90% floor$576
110% ceiling$704

ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.

Housing stock

ACS 2023 units-in-structure · ZCTA 00740

  • 1-unit detached69873.9%
  • 1-unit attached909.5%
  • 2–4 units565.9%
  • 5–49 units10010.6%
TypeUnitsShare
1-unit detached69873.9%
1-unit attached909.5%
2 units (duplex)434.6%
3–4 units131.4%
5–9 units10010.6%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile00.0%

2–4 unit share 5.9% · 5–49 unit share 10.6% · combined 2–49 16.5%.

Units by bedrooms

Studio
13
1BR
43
2BR
275
3BR
505
4BR
65
5+
43

Rent burden

Rent ≥30% of income39.8%
Rent ≥50% of income32.3%
  • ACS median gross rent $531 (all bedrooms, occupied rentals).
  • Median contract rent $382.
  • Renters paying ≥30% of income 39.8%; ≥50% 32.3%.
  • FY2027 2BR SAFMR $640 (1.205× ACS median gross rent).

Population

1,959 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +20.5%.

ACS 5-year estimates lag current construction. This is not a forecast.

Assisted inventory

  • LIHTC: not published for this ZIP.
  • HUD project-based assisted MF: not published for this ZIP.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 00740 50.8% of occupied households are renters; vacancy is 23.0%; ACS median gross rent is $531; population increased +20.5% between the 2018 and 2023 ACS vintages; the housing stock includes 56 units in 2–4-unit structures and 100 units in 5–49-unit structures; FY2027 2BR SAFMR is $640 versus ACS median gross rent of $531. These figures describe the underlying housing market, not the cash flow of any one property. Asking rents, expenses, condition, taxes, insurance, and the rent roll have to be underwritten separately.

Puerto Rico research

ZIP 00740 is a Census / HUD profile for Fajardo, PR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

Nearby ZIPs in this FMR area

Census ZIP areas approximate mail ZIPs. Sources: Census ACS 5-year 2023, HUD FY2027 Small Area FMR, HUD LIHTC and assisted multifamily lists, Census building permits (county). This page is Puerto Rico research. Brokerage is Georgia.

FAQ

What is the housing market like in ZIP 00740?

ZIP 00740 (Fajardo, PR HUD Metro FMR Area) has 1,959 residents, 727 households, a renter share of 50.8%, median household income of $23,173, and ACS 2023 median gross rent of $531. Vacancy is 23.0%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 00740?

ACS counts 43 units in 2-unit buildings, 13 in 3–4 unit buildings, 100 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 156 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 00740?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $640. See the full schedule and 90–110% payment-standard band on the ZIP 00740 — Puerto Real, PR HUD Section 8 Payment Standards / SAFMR.

Does this Puerto Rico ZIP profile include Georgia listings?

No. ZIP 00740 is Census / HUD research for Fajardo, PR HUD Metro FMR Area. Jeff Crowe CRE does not list Puerto Rico property. Licensed brokerage is Georgia. If you use this stock table and then buy in Georgia, live FMLS Residential Income is on multifamily for sale in Georgia.