Housing market/Puerto Rico/ZIP 00688

ACS 2023 · FY2027 SAFMR

ZIP 00688 Sabana Hoyos, 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
10,985
Households
3,904
Median HH income
$18,014
Renter share
37.2%
Median gross rent
$546
Vacancy
24.6%
Pop. change
-10.0%
2BR SAFMR
$560
SAFMR / rent
1.026×
2–49 unit stock
66
LIHTC proj / units
—
HUD assisted MF
—

ZIP brief

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HUD schedule, ACS stock, and the 90–110% band for ZIP 00688 · PR — sent to you.

ZIP 00688 · PR

ACS median rent$546
2BR SAFMR$560
90% floor$504
110% ceiling$616

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

Housing stock

ACS 2023 units-in-structure · ZCTA 00688

  • 1-unit detached4,70190.8%
  • 1-unit attached3927.6%
  • 2–4 units501.0%
  • 5–49 units160.3%
  • Mobile160.3%
TypeUnitsShare
1-unit detached4,70190.8%
1-unit attached3927.6%
2 units (duplex)00.0%
3–4 units501.0%
5–9 units160.3%
10–19 units00.0%
20–49 units00.0%
50+ units00.0%
Mobile160.3%

2–4 unit share 1.0% · 5–49 unit share 0.3% · combined 2–49 1.3%.

Units by bedrooms

Studio
0
1BR
183
2BR
1,367
3BR
3,031
4BR
547
5+
47

Rent burden

Rent ≥30% of income15.5%
Rent ≥50% of income5.8%
  • ACS median gross rent $546 (all bedrooms, occupied rentals).
  • Median contract rent $418.
  • Renters paying ≥30% of income 15.5%; ≥50% 5.8%.
  • FY2027 2BR SAFMR $560 (1.026× ACS median gross rent).

Population

10,985 residents · ACS 2023

Change versus the 2018 ACS 5-year estimate: -10.0%.

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 00688 37.2% of occupied households are renters; vacancy is 24.6%; ACS median gross rent is $546; population changed -10.0% between the 2018 and 2023 ACS vintages; the housing stock includes 50 units in 2–4-unit structures and 16 units in 5–49-unit structures; FY2027 2BR SAFMR is $560 versus ACS median gross rent of $546. 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 00688 is a Census / HUD profile for Arecibo, 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 00688?

ZIP 00688 (Arecibo, PR MSA) has 10,985 residents, 3,904 households, a renter share of 37.2%, median household income of $18,014, and ACS 2023 median gross rent of $546. Vacancy is 24.6%. These are ZCTA estimates, not a property rent roll.

How much small multifamily housing is in 00688?

ACS counts 0 units in 2-unit buildings, 50 in 3–4 unit buildings, 16 in 5–9, 0 in 10–19, and 0 in 20–49. Combined 2–49 unit stock is 66 units. This is occupied-and-vacant stock, not listings for sale.

What is the Section 8 rent in 00688?

The Housing Choice Voucher benchmark is the FY2027 Small Area FMR. 2-bedroom SAFMR is $560. See the full schedule and 90–110% payment-standard band on the ZIP 00688 — Sabana Hoyos, PR HUD Section 8 Payment Standards / SAFMR.

Does this Puerto Rico ZIP profile include Georgia listings?

No. ZIP 00688 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.