Housing market/Puerto Rico/ZIP 00638

ACS 2023 · FY2027 SAFMR

ZIP 00638 Ciales, Puerto Rico

Barranquitas-Aibonito, 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
17,410
Households
5,924
Median HH income
$20,878
Renter share
29.1%
Median gross rent
$404
Vacancy
22.9%
Pop. change
+4.3%
2BR SAFMR
$600
SAFMR / rent
1.485×
2–49 unit stock
322
LIHTC proj / units
1 / 32
HUD assisted MF
2 / 147

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 00638 · PR — sent to you.

ZIP 00638 · PR

ACS median rent$404
2BR SAFMR$600
90% floor$540
110% ceiling$660

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

Housing stock

ACS 2023 units-in-structure · ZCTA 00638

  • 1-unit detached6,28681.8%
  • 1-unit attached95412.4%
  • 2–4 units951.2%
  • 5–49 units2273.0%
  • 50+ units891.2%
  • Mobile380.5%
TypeUnitsShare
1-unit detached6,28681.8%
1-unit attached95412.4%
2 units (duplex)120.2%
3–4 units831.1%
5–9 units440.6%
10–19 units1632.1%
20–49 units200.3%
50+ units891.2%
Mobile380.5%

2–4 unit share 1.2% · 5–49 unit share 3.0% · combined 2–49 4.2%.

Units by bedrooms

Studio
48
1BR
251
2BR
1,999
3BR
4,049
4BR
1,302
5+
40

Rent burden

Rent ≥30% of income24.5%
Rent ≥50% of income6.3%
  • ACS median gross rent $404 (all bedrooms, occupied rentals).
  • Median contract rent $317.
  • Renters paying ≥30% of income 24.5%; ≥50% 6.3%.
  • FY2027 2BR SAFMR $600 (1.485× ACS median gross rent).

Population

17,410 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: +4.3%.

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

Assisted inventory

  • LIHTC: 1 projects, 32 units.
  • HUD project-based assisted MF: 2 properties, 147 assisted units.
  • HCV household counts (Picture of Subsidized Households) are not on this page yet.

What the data shows

ZIP 00638 29.1% of occupied households are renters; vacancy is 22.9%; ACS median gross rent is $404; population increased +4.3% between the 2018 and 2023 ACS vintages; the housing stock includes 95 units in 2–4-unit structures and 227 units in 5–49-unit structures; 1 LIHTC projects totaling 32 units; FY2027 2BR SAFMR is $600 versus ACS median gross rent of $404. 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 00638 is a Census / HUD profile for Barranquitas-Aibonito, 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 00638?

ZIP 00638 (Barranquitas-Aibonito, PR HUD Metro FMR Area) has 17,410 residents, 5,924 households, a renter share of 29.1%, median household income of $20,878, and ACS 2023 median gross rent of $404. Vacancy is 22.9%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 00638?

ACS counts 12 units in 2-unit buildings, 83 in 3–4 unit buildings, 44 in 5–9, 163 in 10–19, and 20 in 20–49. Combined 2–49 unit stock is 322 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 00638?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $600. See the full schedule and 90–110% payment-standard band on the ZIP 00638 — Ciales, PR HUD Section 8 Payment Standards / SAFMR.

Does this Puerto Rico ZIP profile include Georgia listings?

No. ZIP 00638 is Census / HUD research for Barranquitas-Aibonito, 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.