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Housing market/Puerto Rico/ZIP 00616

ACS 2023 · FY2027 SAFMR

ZIP 00616 Bajadero, Puerto Rico

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

Population
9,836
Households
3,471
Median HH income
$21,391
Renter share
30.2%
Median gross rent
$623
Vacancy
23.8%
Pop. change
-8.6%
2BR SAFMR
$590
SAFMR / rent
0.947×
2–49 unit stock
25
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

Email this profile

HUD schedule, ACS stock, and the 90–110% band for ZIP 00616 · PR — sent to you.

ZIP 00616 · PR

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ACS rent vs 2BR SAFMR

ZIP 00616 — Bajadero, PR HUD Section 8 Payment Standards / SAFMR →
ACS median rent$623
2BR SAFMR$590
90% floor$531
110% ceiling$649

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

Housing stock

ACS 2023 units-in-structure · ZCTA 00616

  • 1-unit detached4,07689.8%
  • 1-unit attached3778.3%
  • 2–4 units250.6%
  • 50+ units621.4%
TypeUnitsShare
1-unit detached4,07689.5%
1-unit attached3778.3%
2 units (duplex)00.0%
3–4 units250.5%
5–9 units00.0%
10–19 units00.0%
20–49 units00.0%
50+ units621.4%
Mobile00.0%

2–4 unit share 0.5% · 5–49 unit share 0.0% · combined 2–49 0.5%.

Units by bedrooms

Studio
26
1BR
185
2BR
1,055
3BR
2,592
4BR
621
5+
76

Rent burden

Rent ≥30% of income8.8%
Rent ≥50% of income2.6%
  • ACS median gross rent $623 (all bedrooms, occupied rentals).
  • Median contract rent $408.
  • Renters paying ≥30% of income 8.8%; ≥50% 2.6%.
  • FY2027 2BR SAFMR $590 (0.947× ACS median gross rent).

Population

9,836 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -8.6%.

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 00616 30.2% of occupied households are renters; vacancy is 23.8%; ACS median gross rent is $623; population changed -8.6% between the 2018 and 2023 ACS vintages; the housing stock includes 25 units in 2–4-unit structures and 0 units in 5–49-unit structures; FY2027 2BR SAFMR is $590 versus ACS median gross rent of $623. 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 00616 is a Census / HUD profile for Arecibo, PR. Not a listing page. Brokerage is Georgia; out-of-state work is referral.

ZIP 00616 — Bajadero, PR HUD Section 8 Payment Standards / SAFMR·Puerto Rico ZIP directory

Nearby ZIPs in this FMR area

ZIPPlaceRentersMed. rent2BR SAFMR
00613Arecibo, PR MSA——$54000614Arecibo, PR MSA——$54000627Arecibo, PR MSA23.3%$574$56000652Arecibo, PR MSA23.1%$733$69000659Arecibo, PR MSA26.2%$598$58000662Arecibo, PR MSA35.9%$555$61000678Arecibo, PR MSA32.1%$525$58000688Arecibo, PR MSA37.2%$546$560

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 00616?

ZIP 00616 (Arecibo, PR MSA) has 9,836 residents, 3,471 households, a renter share of 30.2%, median household income of $21,391, and ACS 2023 median gross rent of $623. Vacancy is 23.8%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 00616?

ACS counts 0 units in 2-unit buildings, 25 in 3–4 unit buildings, 0 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 25 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 00616?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $590. See the full schedule and 90–110% payment-standard band on the ZIP 00616 — Bajadero, PR HUD Section 8 Payment Standards / SAFMR.

Does this Puerto Rico ZIP profile include Georgia listings?

No. ZIP 00616 is Census / HUD research for Arecibo, PR MSA. 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.