Rental incomes in San Juan, Puerto Rico are good to excellent

Residential Valuation Specialist | November 12, 2022

Last Updated: Sept. 16, 2022
SAN JUAN - Apartments COST ($) YIELD (p.a.)
TO BUY MONTHLY RENT
Condado-Miramar
1-Bedroom $355,000 $2,100 7.10%
2-Bedroom $705,000 $3,000 5.11%
3-Bedroom $850,000 $5,000 7.06%
4+Bedroom $2,000,000 $6,500 3.90%
Isla Verde
1-Bedroom $275,000 $1,900 8.29%
2-Bedroom $450,000 $3,200 8.53%
3-Bedroom $595,000 $3,500 7.06%
Hato Rey
1-Bedroom $120,000 $550 5.50%
2-Bedroom $145,000 $975 8.07%
3-Bedroom $190,000 $2,000 12.63%
4+Bedroom $400,000 $2,700 8.10%
Rio Piedras
1-Bedroom $85,000 $575 8.12%
2-Bedroom $125,000 $700 6.72%
3-Bedroom $128,000 $950 8.91%
4+Bedroom $100,000 $1,100 13.20%
San Juan avg. Rental Yields 7.89%
All yields are gross - i.e., before taxes, repair costs, ground rents, estate agents fees, and any other costs. Net yields (what you´ll really earn) are typically around 1.5% to 2% lower.
Source: Global Property Guide Definitions: Data FAQ See also: Update Schedule

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Average rental yields on apartments in San Juan, Puerto Rico are on average at 7.89%. But overall the city´s rental yields are good, with them being between 3.90% to 13.20%. The highest rental yields are in the Rio Piedras district.

Round trip transaction costs, i.e., the costs of buying and selling a property, are very low in Puerto Rico. See Property transaction costs analysis for Puerto Rico and Puerto Rico transaction costs compared to other counties.