Housing market/Puerto Rico/ZIP 00985
ZIP 00985 Carolina, Puerto Rico
San Juan-Guaynabo, 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.
ZIP brief
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HUD schedule, ACS stock, and the 90–110% band for ZIP 00985 · PR — sent to you.
ZIP 00985 · PR
ACS rent vs 2BR SAFMR
ZIP 00985 — Carolina, PR HUD Section 8 Payment Standards / SAFMR →ACS median is all-bedroom occupied rent. SAFMR is the 2-bedroom HCV benchmark.
Housing stock
ACS 2023 units-in-structure · ZCTA 00985
- 1-unit detached8,38855.9%
- 1-unit attached4,20628.0%
- 2–4 units3862.6%
- 5–49 units1,84612.3%
- 50+ units1701.1%
- Mobile100.1%
2–4 unit share 2.6% · 5–49 unit share 12.3% · combined 2–49 14.9%.
Units by bedrooms
Rent burden
- ACS median gross rent $554 (all bedrooms, occupied rentals).
- Median contract rent $463.
- Renters paying ≥30% of income 29.5%; ≥50% 15.6%.
- FY2027 2BR SAFMR $670 (1.209× ACS median gross rent).
Population
31,783 residents · ACS 2023
Change versus the 2018 ACS 5-year estimate: -0.2%.
ACS 5-year estimates lag current construction. This is not a forecast.
Assisted inventory
- LIHTC: 1 projects, 48 units.
- HUD project-based assisted MF: 1 properties, 40 assisted units.
- HCV household counts (Picture of Subsidized Households) are not on this page yet.
What the data shows
ZIP 00985 33.1% of occupied households are renters; vacancy is 15.9%; ACS median gross rent is $554; population changed -0.2% between the 2018 and 2023 ACS vintages; the housing stock includes 386 units in 2–4-unit structures and 1,846 units in 5–49-unit structures; 1 LIHTC projects totaling 48 units; FY2027 2BR SAFMR is $670 versus ACS median gross rent of $554. 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 00985 is a Census / HUD profile for San Juan-Guaynabo, PR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.
ZIP 00985 — Carolina, PR HUD Section 8 Payment Standards / SAFMR·Puerto Rico ZIP directory
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 00985?
ZIP 00985 (San Juan-Guaynabo, PR HUD Metro FMR Area) has 31,783 residents, 12,622 households, a renter share of 33.1%, median household income of $35,012, and ACS 2023 median gross rent of $554. Vacancy is 15.9%. These are ZCTA estimates, not a property rent roll.
How much small multifamily housing is in 00985?
ACS counts 129 units in 2-unit buildings, 257 in 3–4 unit buildings, 863 in 5–9, 544 in 10–19, and 439 in 20–49. Combined 2–49 unit stock is 2,232 units. This is occupied-and-vacant stock, not listings for sale.
What is the Section 8 rent in 00985?
The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $670. See the full schedule and 90–110% payment-standard band on the ZIP 00985 — Carolina, PR HUD Section 8 Payment Standards / SAFMR.
Does this Puerto Rico ZIP profile include Georgia listings?
No. ZIP 00985 is Census / HUD research for San Juan-Guaynabo, 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.