RentData

Average Rent in San Juan, PR Rents falling 1.8% YoY🔺 Most expensive in PR

HUD FY2025 · Official government data · Updated annually · Metro pop. 2,063,795

Data review: HUD FY2025Sources: HUD, Zillow, CensusMethodologyEditorial standardsReport a correction

Market Overview

San Juan, PR has rental prices ranging from $552/month to $1,033/month in 2025, depending on unit size. The typical 1-bedroom apartment rents for $569/month — 59% below the national average of $1,400/month. With a median household income of $27,966/year, spending $569/month on a 1-bedroom represents 24% of gross income — within the recommended 30% threshold.

How San Juan Compares

With an average 2-bedroom rent of $656/month, San Juan ranks #1 most expensive of the 16 cities tracked in PR — more affordable than 100% of all US cities in our data.

The San Juan Rental Market

The San Juan, PR area has a population of about 2,063,795 and 32% of households renting rather than owning. That is close to the US average renter share of ~34%.

Rent Trends

2-bedroom rents in San Juan, PR have fallen by $12/month (1.8%) over the past year, from $668 to $656. Rents have remained relatively stable year over year, indicating a balanced rental market in the area.

Affordability

To afford a 1-bedroom apartment in San Juan, PR without exceeding the 30% housing cost guideline, a renter needs an annual income of approximately $22,760. The local median household income of $27,966 exceeds that threshold by $5,206, making San Juan relatively accessible compared to local wages.

Fair Market Rents

HUD FY2025
Studio
$552
Affordable
1 Bedroom
$569
Affordable
2 Bedrooms
$656
1.8% YoY
Affordable
3 Bedrooms
$861
Average
4 Bedrooms
$1,033
Expensive
🔔
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Is San Juan, PR Affordable?

Income needed to rent or buy, price history, and how this city compares to nearby metros.

Affordability Index(30% income rule)

To rent a 2BR
$26,240/year
Local median income: $27,966
To buy a median home
/year
US national median: $75,000
💡 Based on a 2BR rent of $656/month and 20% down on a home at 7% rate.

Nearby Cities in PRlargest metros in the state

CityStudio1BR2BR3BRHome Value
Caguas$490$493$577$809
Fajardo$503$506$589$740
Yauco$361$369$421$596
Ponce$512$532$589$825
Aguadilla$487$490$560$681
Mayagüez$498$518$573$730

Rent or Buy in San Juan?

Break-even analysis and mortgage estimates based on local market data.

Should I Rent or Buy?

Break-even analysis using real San Juan data

$
Home Value
$350,000
2BR Rent
$656/mo
Mortgage Rate
7%
Monthly P&I
$1,863/mo
🏢 Rent

Renting appears to be the better financial choice for this scenario.

Total monthly buy cost: $2,577/movs rent: $656/mo
Estimates only. Excludes HOA, PMI (if <20% down), closing costs, and tax benefits. Assumes 5% return on invested down payment.

Living in San Juan

Cost of living, job market, crime rates, and moving cost estimates.

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Frequently Asked Questions

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🏘️Neighborhoods in San Juan

Compare rent & home prices by neighborhood

💵Rent Affordability in San Juan

Salary needed to afford rent here

🗺️All Cities in PR

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⚖️Compare San Juan

Side-by-side rent & cost of living with any city

📋PR Tenant Rights

Deposit limits, eviction laws & renters protections