Know the market rent for every municipio
Rent benchmarks and comparables for Puerto Rico are built into the app, priced from public Census data instead of guesswork.
Puerto Rico has no rental MLS
When a lease comes up for renewal, how do you know what to charge? There's no listing service for rentals here. You ask a realtor who's guessing too, scroll Clasificados for asking prices nobody actually got, or add a little to last year's rent and hope. Mr. Bienes puts real numbers next to every unit you own instead.
Each unit is compared against three things: the Census median rent for its area and bedroom count, the HUD fair market rent for its municipio, and your own similar units within a mile. You see where each one sits (above, below, or right at the market) as a percentage.
Pricing $75 a month under the market doesn't feel like a problem. Over a three-year tenancy it's $2,700. Knowing where you stand is how you stop leaving that on the table, or stop pricing a unit into a vacant month.
How market data works
- 1
Add the address
Each property locates itself when you save it, and picks up its census tract in the background.
- 2
Describe the unit
Set each unit's use, bedrooms and square footage. Those are what the comparison is built on.
- 3
Open the map
Show map turns your Properties page into a full-screen map of your portfolio, in satellite, street or hybrid view, with occupancy on every pin.
- 4
Pick a property
Each unit lists its rent against every source as the numbers arrive (your comps, the Census median, the HUD fair market rent), each with the gap in percent.
- 5
Read each number for what it is
The Census figure is a five-year average published about two years behind, so treat it as a steady baseline. HUD's number runs low in Puerto Rico and works best as a floor. Your own comps are the freshest, when you have them nearby.
The short version
Your portfolio on a map
Every property on a full-screen map (satellite, street or hybrid) with occupancy on each pin, clustered as you zoom.
Benchmarks by bedroom count
US Census (ACS) median rents by bedroom count for each property's census tract, with the municipio figure when the tract has none, and HUD fair market rents alongside.
Your rents vs the market
A comparison table lines your actual rents up against the benchmarks, unit by unit.
Price with confidence
Spot under-market units before renewals, and walk into the conversation knowing where your number came from.
Common questions
- Does it show what my neighbors are charging?
- No. It compares your units with public Census and HUD figures for the area and with your own similar units nearby. It never reads anyone else's listings or rents.
- How current is the Census number?
- It's the American Community Survey's five-year estimate, published about two years behind. Where your tract has no estimate for that bedroom count, the row switches to the municipio-wide figure and says so.
- I only own one or two buildings. Is it still useful?
- Yes. The Census and HUD comparisons and the map work for a single property. The "your comps" row needs similar units of yours within a mile, so it fills in as your portfolio grows.
Take control of your portfolio today
Join investors who run their properties and loans on Mr. Bienes. Get started free. No credit card required.
Free plan · No credit card · Cancel anytime