Gross rental yields in Puerto Rico: San Juan

The average gross rental yield in Puerto Rico (San Juan) stands at 8.36% (Q3, 2023).

  Last Updated: Sept. 21, 2023
SAN JUAN - Apartments COST ($) YIELD (p.a.)
All Locations  
1-Bedroom $395,000 $2,200 6.68%
2-Bedroom $550,000 $3,150 6.87%
3-Bedroom $699,500 $5,250 9.01%
4+Bedroom $1,487,500 $13,500 10.89%
San Juan avg. Rental Yields 8.36%
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 and Point2 Homes

Research Methodology: To conduct this research, we searched for studio, 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments in San Juan - Puerto Rico. We used the local real estate listing website for both buying and renting prices to determine the average gross rental yields (Monthly Rent x 12 / Purchase Price).

For instance, if the monthly rent is $500 and the purchase price is $100,000, the calculation would be: $500 (Monthly Rent) x 12 / $100,000 (Purchase Price) = 6% (Gross Rental Yield).