JeffCroweCRE

Housing market/Puerto Rico/ZIP 00778

ACS 2023 · FY2027 SAFMR

ZIP 00778 Gurabo, Puerto Rico

Caguas, 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
40,391
Households
15,185
Median HH income
$39,564
Renter share
22.7%
Median gross rent
$674
Vacancy
12.7%
Pop. change
-13.5%
2BR SAFMR
$630
SAFMR / rent
0.935×
2–49 unit stock
784
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 00778 · PR — sent to you.

ZIP 00778 · PR

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ACS rent vs 2BR SAFMR

ZIP 00778 — Gurabo, PR HUD Section 8 Payment Standards / SAFMR →
ACS median rent$674
2BR SAFMR$630
90% floor$567
110% ceiling$693

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

Housing stock

ACS 2023 units-in-structure · ZCTA 00778

  • 1-unit detached14,15981.4%
  • 1-unit attached2,22312.8%
  • 2–4 units3762.2%
  • 5–49 units4082.3%
  • 50+ units2181.3%
TypeUnitsShare
1-unit detached14,15981.4%
1-unit attached2,22312.8%
2 units (duplex)800.5%
3–4 units2961.7%
5–9 units2311.3%
10–19 units970.6%
20–49 units800.5%
50+ units2181.3%
Mobile00.0%

2–4 unit share 2.2% · 5–49 unit share 2.3% · combined 2–49 4.5%.

Units by bedrooms

Studio
126
1BR
500
2BR
2,725
3BR
10,820
4BR
2,840
5+
373

Rent burden

Rent ≥30% of income27.7%
Rent ≥50% of income21.3%
  • ACS median gross rent $674 (all bedrooms, occupied rentals).
  • Median contract rent $515.
  • Renters paying ≥30% of income 27.7%; ≥50% 21.3%.
  • FY2027 2BR SAFMR $630 (0.935× ACS median gross rent).

Population

40,391 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -13.5%.

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 00778 22.7% of occupied households are renters; vacancy is 12.7%; ACS median gross rent is $674; population changed -13.5% between the 2018 and 2023 ACS vintages; the housing stock includes 376 units in 2–4-unit structures and 408 units in 5–49-unit structures; FY2027 2BR SAFMR is $630 versus ACS median gross rent of $674. 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 00778 is a Census / HUD profile for Caguas, PR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 00778 — Gurabo, PR HUD Section 8 Payment Standards / SAFMR·Puerto Rico ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
00726Caguas, PR HUD Metro FMR Area——$69000727Caguas, PR HUD Metro FMR Area28.8%$821$76000736Caguas, PR HUD Metro FMR Area37.5%$546$57000737Caguas, PR HUD Metro FMR Area——$59000754Caguas, PR HUD Metro FMR Area26.7%$552$54000784Caguas, PR HUD Metro FMR Area28.9%$443$520

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 00778?

ZIP 00778 (Caguas, PR HUD Metro FMR Area) has 40,391 residents, 15,185 households, a renter share of 22.7%, median household income of $39,564, and ACS 2023 median gross rent of $674. Vacancy is 12.7%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 00778?

ACS counts 80 units in 2-unit buildings, 296 in 3–4 unit buildings, 231 in 5–9, 97 in 10–19, and 80 in 20–49. Combined 2–49 unit stock is 784 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 00778?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $630. See the full schedule and 90–110% payment-standard band on the ZIP 00778 — Gurabo, PR HUD Section 8 Payment Standards / SAFMR.

Does this Puerto Rico ZIP profile include Georgia listings?

No. ZIP 00778 is Census / HUD research for Caguas, 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.