Authored by the expert who managed and guided the team behind the Honduras Property Pack
Everything you need to know before buying real estate is included in our Honduras Property Pack
This article breaks down the current rents in San Pedro Sula so you know exactly what to expect whether you're a tenant or a landlord.
We update this blog post regularly to keep the numbers fresh and reliable.
You'll find studio, 1-bedroom, and 2-bedroom rents, plus neighborhood insights and landlord costs.
And if you're planning to buy a property in this place, you may want to download our pack covering the real estate market in San Pedro Sula.
Insights
- A typical 1-bedroom apartment in San Pedro Sula rents for around L 12,500 per month in January 2026, which is roughly US$475 or €435, making it one of the more affordable urban markets in Central America.
- San Pedro Sula's rental vacancy rate sits near 9%, meaning there's enough supply to give tenants options but not so much that landlords struggle to fill units.
- Rent growth in San Pedro Sula in 2026 is expected to land between 4% and 7%, driven mainly by inflation and steady demand from the city's working-age population.
- Colonia Trejo, Río de Piedras, and Jardines del Valle consistently command the highest rents in San Pedro Sula because tenants pay a premium for security, parking, and easy access to malls and offices.
- Furnished apartments in San Pedro Sula typically rent for 10% to 20% more than unfurnished ones, with expats and corporate relocations driving most of that demand.
- A well-priced rental in a prime San Pedro Sula neighborhood like Colonia Trejo can lease in as few as 15 to 30 days, while overpriced units often sit for 60 days or more.
- Peak tenant demand in San Pedro Sula hits in January through February and again in July through August, tied to job cycles and mid-year relocations rather than tourism.
- Landlords in San Pedro Sula should budget roughly 1% of property value per year for maintenance, with A/C repairs, plumbing, and security upgrades being the most common expenses.
- Rental income above L 15,000 per month in San Pedro Sula triggers a 10% flat tax under Honduras' specific rental income rule, which simplifies tax planning for most landlords.
What are typical rents in San Pedro Sula as of 2026?
What's the average monthly rent for a studio in San Pedro Sula as of 2026?
As of early 2026, the average monthly rent for a studio in San Pedro Sula is around L 10,000, which works out to roughly US$380 or €350.
That said, studio rents in San Pedro Sula can range from about L 7,500 (US$285 or €260) for basic units in less central areas up to L 13,000 (US$495 or €455) for well-located spots with better security.
The main factors that push studio rents up or down in San Pedro Sula are location, security features like gated access, and whether the unit includes air conditioning or reliable water supply.
What's the average monthly rent for a 1-bedroom in San Pedro Sula as of 2026?
As of early 2026, the average monthly rent for a 1-bedroom apartment in San Pedro Sula is around L 12,500, which equals approximately US$475 or €435.
Most 1-bedroom apartments in San Pedro Sula fall within a range of L 10,000 to L 15,000 per month (US$380 to US$570, or €350 to €525) depending on the quality and neighborhood.
Budget-friendly 1-bedroom rentals in San Pedro Sula tend to cluster in less central colonias, while neighborhoods like Colonia Trejo, Río de Piedras, and Jardines del Valle sit at the higher end of that range.
What's the average monthly rent for a 2-bedroom in San Pedro Sula as of 2026?
As of early 2026, the average monthly rent for a 2-bedroom apartment in San Pedro Sula is around L 18,000, which comes to roughly US$685 or €630.
The realistic range for most 2-bedroom rentals in San Pedro Sula runs from about L 14,000 (US$530 or €490) in more value-oriented areas up to L 24,000 (US$910 or €840) in prime, gated communities.
Lower-priced 2-bedroom units in San Pedro Sula are typically found in outer neighborhoods with fewer amenities, while Colonia Trejo, Río de Piedras, and Jardines del Valle command the top rents for this size.
By the way, you will find much more detailed rent ranges in our property pack covering the real estate market in San Pedro Sula.
What's the average rent per square meter in San Pedro Sula as of 2026?
As of early 2026, the average rent per square meter in San Pedro Sula is around L 240, which equals roughly US$9 or €8 per square meter per month.
Across different neighborhoods in San Pedro Sula, rent per square meter can range from about L 180 (US$7 or €6) in budget areas to L 320 (US$12 or €11) in premium, high-security locations.
Compared to Tegucigalpa, Honduras' capital, San Pedro Sula's rent per square meter tends to be similar in prime zones but slightly lower in mid-market areas, reflecting the city's more industrial economic base.
Properties in San Pedro Sula that push rent per square meter above average typically have features like controlled access, dedicated parking, air conditioning, and proximity to major malls or business districts.
How much have rents changed year-over-year in San Pedro Sula in 2026?
As of early 2026, rents in San Pedro Sula have increased by an estimated 4% to 7% year-over-year, with the typical outcome landing around 5%.
The main drivers of rent growth in San Pedro Sula this year are inflation, which the central bank expects to stay in the mid-single digits, and continued demand from the city's large working-age population.
This year's rent growth in San Pedro Sula is broadly in line with 2025's trend, as both years reflect a market where landlords try to keep pace with inflation without outrunning tenant budgets.
What's the outlook for rent growth in San Pedro Sula in 2026?
As of early 2026, projected rent growth in San Pedro Sula for the year is expected to fall in the range of 4% to 6%, assuming inflation stays contained and jobs remain stable.
The key factors likely to influence rent growth in San Pedro Sula include local employment conditions in the Valle de Sula, remittance flows from abroad, and whether inflation overshoots central bank targets.
Neighborhoods in San Pedro Sula expected to see the strongest rent growth are established, high-demand areas like Colonia Trejo, Río de Piedras, and Jardines del Valle, where security and convenience keep demand firm.
The main risks that could push San Pedro Sula rent growth above or below projections include weaker-than-expected job creation in key sectors or a sudden spike in inflation that squeezes tenant budgets.
Get fresh and reliable information about the market in San Pedro Sula
Don't base significant investment decisions on outdated data. Get updated and accurate information.
Which neighborhoods rent best in San Pedro Sula as of 2026?
Which neighborhoods have the highest rents in San Pedro Sula as of 2026?
As of early 2026, the three neighborhoods with the highest average rents in San Pedro Sula are Colonia Trejo, Río de Piedras, and Jardines del Valle, where 2-bedroom units often reach L 22,000 to L 28,000 per month (US$835 to US$1,065, or €770 to €980).
These neighborhoods command premium rents in San Pedro Sula because they offer strong security, easy access to malls and offices, dedicated parking, and a generally lower-stress living experience.
The tenant profile in these high-rent San Pedro Sula neighborhoods tends to be mid-to-upper-income professionals, corporate employees, expats, and families who prioritize safety and convenience over price.
By the way, we've written a blog article detailing what are the current best areas to invest in property in San Pedro Sula.
Where do young professionals prefer to rent in San Pedro Sula right now?
The top three neighborhoods where young professionals prefer to rent in San Pedro Sula are Colonia Trejo, Río de Piedras, and Colonia Moderna, all of which offer easy access to work, gyms, restaurants, and nightlife.
Young professionals in these San Pedro Sula neighborhoods typically pay between L 10,000 and L 16,000 per month (US$380 to US$610, or €350 to €560) for a 1-bedroom or small 2-bedroom apartment.
The amenities and lifestyle features that attract young professionals to these areas in San Pedro Sula include walkability to cafes and shops, proximity to major commercial nodes like City Mall, and reliable security.
By the way, you will find a detailed tenant analysis in our property pack covering the real estate market in San Pedro Sula.
Where do families prefer to rent in San Pedro Sula right now?
The top three neighborhoods where families prefer to rent in San Pedro Sula are Jardines del Valle, Río de Piedras, and Colonia Trejo, all known for their calm environment, gated communities, and family-oriented infrastructure.
Families in these San Pedro Sula neighborhoods typically pay between L 18,000 and L 28,000 per month (US$685 to US$1,065, or €630 to €980) for a 2-to-3-bedroom apartment or townhome.
The features that make these neighborhoods attractive to families in San Pedro Sula include controlled access, dedicated parking, reliable water and power, and proximity to schools and supermarkets.
Families in these San Pedro Sula neighborhoods have access to well-regarded private schools and bilingual institutions, which are commonly found near Jardines del Valle and the broader northwest sector of the city.
Which areas near transit or universities rent faster in San Pedro Sula in 2026?
As of early 2026, the three areas in San Pedro Sula that rent fastest near transit or universities are Colonia Universidad, areas near City Mall and Multiplaza, and parts of Colonia Moderna with quick access to major roads.
Properties in these high-demand San Pedro Sula areas typically stay listed for about 15 to 30 days, compared to the citywide average of 30 to 45 days for mid-market units.
The rent premium for properties within walking distance of commercial hubs or universities in San Pedro Sula is roughly L 1,500 to L 3,000 per month (US$57 to US$114, or €52 to €105) above comparable units farther away.
Which neighborhoods are most popular with expats in San Pedro Sula right now?
The top three neighborhoods most popular with expats in San Pedro Sula are Río de Piedras, Colonia Trejo, and Jardines del Valle, all of which offer a combination of security, furnished inventory, and easy access to services.
Expats in these San Pedro Sula neighborhoods typically pay between L 14,000 and L 25,000 per month (US$530 to US$950, or €490 to €875), with furnished units at the higher end of that range.
The features that attract expats to these neighborhoods in San Pedro Sula include gated access, reliable utilities, proximity to international restaurants and shops, and the availability of furnished apartments ready for move-in.
The expat communities in these San Pedro Sula neighborhoods include a mix of North Americans, other Central Americans, and professionals from various countries working in the city's manufacturing and business sectors.
And if you are also an expat, you may want to read our exhaustive guide for expats in San Pedro Sula.
Get to know the market before buying a property in San Pedro Sula
Better information leads to better decisions. Get all the data you need before investing a large amount of money.
Who rents, and what do tenants want in San Pedro Sula right now?
What tenant profiles dominate rentals in San Pedro Sula?
The top three tenant profiles that dominate the rental market in San Pedro Sula are working-age professionals employed in local industries, young singles and couples starting their careers, and families seeking secure housing near schools and workplaces.
Working professionals make up the largest share of renters in San Pedro Sula, followed by young households and families, with renters representing a meaningful segment of the city's overall housing market according to census data.
Working professionals in San Pedro Sula typically seek 1-to-2-bedroom apartments with good security and access to commercial areas, while families look for larger 2-to-3-bedroom units in gated communities with parking.
If you want to optimize your cashflow, you can read our complete guide on how to buy and rent out in San Pedro Sula.
Do tenants prefer furnished or unfurnished in San Pedro Sula?
In San Pedro Sula, the majority of long-term tenants prefer unfurnished rentals, with furnished units making up a smaller share of demand, estimated at roughly 20% to 30% of the market.
Furnished apartments in San Pedro Sula typically command a rent premium of about L 1,500 to L 3,000 per month (US$57 to US$114, or €52 to €105) compared to similar unfurnished units.
The tenant profiles that tend to prefer furnished rentals in San Pedro Sula are expats, corporate relocations on shorter assignments, and tenants who want move-in-ready convenience without the hassle of buying furniture.
Which amenities increase rent the most in San Pedro Sula?
The top five amenities that increase rent the most in San Pedro Sula are gated security or controlled access, reliable air conditioning, dedicated parking, water storage tanks, and backup power or generator access.
Gated security in San Pedro Sula can add roughly L 2,000 to L 4,000 per month (US$76 to US$152, or €70 to €140), while A/C and dedicated parking each add around L 1,000 to L 2,500 (US$38 to US$95, or €35 to €87), and water or power resilience features can push rents higher by similar amounts.
In our property pack covering the real estate market in San Pedro Sula, we cover what are the best investments a landlord can make.
What renovations get the best ROI for rentals in San Pedro Sula?
The top five renovations that get the best ROI for rental properties in San Pedro Sula are A/C efficiency upgrades, kitchen refreshes (countertops and fixtures), bathroom updates, security improvements (lighting and reinforced doors), and water tank or pump installations.
A/C upgrades in San Pedro Sula typically cost L 15,000 to L 40,000 (US$570 to US$1,520, or €525 to €1,400) and can increase rent by L 1,000 to L 2,000 per month, while kitchen and bathroom refreshes costing L 20,000 to L 50,000 (US$760 to US$1,900, or €700 to €1,750) can add L 1,500 to L 3,000 monthly.
Renovations that tend to have poor ROI in San Pedro Sula include high-end luxury finishes, elaborate landscaping, and cosmetic upgrades that don't address comfort, security, or utility reliability, since tenants here prioritize practical value over aesthetics.
Make a profitable investment in San Pedro Sula
Better information leads to better decisions. Save time and money. Download our data.
How strong is rental demand in San Pedro Sula as of 2026?
What's the vacancy rate for rentals in San Pedro Sula as of 2026?
As of early 2026, the estimated vacancy rate for rental properties in San Pedro Sula is around 8% to 10%, with a central estimate near 9%.
Across different neighborhoods in San Pedro Sula, vacancy rates can range from around 6% in high-demand areas like Colonia Trejo and Río de Piedras up to 12% or more in less desirable or oversupplied locations.
The current vacancy rate in San Pedro Sula is roughly in line with the historical pattern shown by census data, where about 10% of dwellings were unoccupied, suggesting the market has remained relatively stable.
Finally please note that you will have all the indicators you need in our property pack covering the real estate market in San Pedro Sula.
How many days do rentals stay listed in San Pedro Sula as of 2026?
As of early 2026, the average number of days rentals stay listed in San Pedro Sula is around 30 to 45 days for typical mid-market units.
The range of days on market in San Pedro Sula varies from about 15 to 30 days for well-priced units in prime areas like Colonia Trejo and Jardines del Valle, up to 60 days or more for overpriced or poorly located properties.
Compared to one year ago, days on market in San Pedro Sula has remained broadly stable, reflecting a balanced market where demand is steady but tenants still have enough options to be selective on price and quality.
Which months have peak tenant demand in San Pedro Sula?
The peak months for tenant demand in San Pedro Sula are January through February and July through August, when job cycles and mid-year relocations drive the most activity.
The factors that drive seasonal demand in San Pedro Sula are primarily employment-related, including new job starts at the beginning of the year and mid-year job changes, plus academic timing effects tied to school calendars.
The months with the lowest tenant demand in San Pedro Sula tend to be late in the year, around November and December, when people are less likely to move due to holidays and year-end obligations.
Don't buy the wrong property, in the wrong area of San Pedro Sula
Buying real estate is a significant investment. Don't rely solely on your intuition. Gather the right information to make the best decision.
What will my monthly costs be in San Pedro Sula as of 2026?
What property taxes should landlords expect in San Pedro Sula as of 2026?
As of early 2026, landlords in San Pedro Sula should expect to pay annual property taxes (IBI) of roughly 0.25% to 0.35% of the property's cadastral value, which for a typical rental might work out to L 5,000 to L 15,000 per year (US$190 to US$570, or €175 to €525).
The realistic range of annual property taxes in San Pedro Sula depends on the property's official valuation and exact location, with lower-value properties paying closer to the floor and higher-value urban properties reaching the ceiling.
Property taxes in San Pedro Sula are calculated based on a municipal rate applied to the cadastral value, with legal ceilings set at L 3.50 per thousand for urban properties and L 2.50 per thousand for rural properties under the Ley de Municipalidades.
Please note that, in our property pack covering the real estate market in San Pedro Sula, we cover what exemptions or deductions may be available to reduce property taxes for landlords.
What utilities do landlords often pay in San Pedro Sula right now?
In San Pedro Sula, the utilities landlords most commonly pay on behalf of tenants include building security or HOA fees, and occasionally water in multi-unit setups, while electricity and internet are typically tenant responsibilities.
Building HOA or security fees in San Pedro Sula can range from L 500 to L 2,000 per month (US$19 to US$76, or €17 to €70), and when water is included, it may add another L 300 to L 800 per month (US$11 to US$30, or €10 to €28).
The common practice in San Pedro Sula is for tenants to pay their own electricity directly to ENEE, with a typical household using around 250 kWh per month paying about L 1,250 (US$47 or €44), while landlords handle any shared building costs.
How is rental income taxed in San Pedro Sula as of 2026?
As of early 2026, rental income in San Pedro Sula is subject to Honduras' income tax (ISR), with a specific 10% flat tax applying to residential rents above L 15,000 per month under SAR's rental income rules.
The main deductions landlords can claim against rental income in San Pedro Sula include maintenance expenses, property taxes, and certain administrative costs, though the 10% flat-rate option simplifies things for higher-rent properties.
A common tax mistake landlords in San Pedro Sula should avoid is failing to properly register rental income with SAR or misunderstanding when the L 15,000 threshold applies, which can trigger penalties or unexpected tax bills.
We cover these mistakes, among others, in our list of risks and pitfalls people face when buying property in San Pedro Sula.
We did some research and made this infographic to help you quickly compare rental yields of the major cities in Honduras versus those in neighboring countries. It provides a clear view of how this country positions itself as a real estate investment destination, which might interest you if you’re planning to invest there.
What sources have we used to write this blog article?
Whether it's in our blog articles or the market analyses included in our property pack about San Pedro Sula, we always rely on the strongest methodology we can ... and we don't throw out numbers at random.
We also aim to be fully transparent, so below we've listed the authoritative sources we used, and explained how we used them and the methods behind our estimates.
| Source | Why it's authoritative | How we used it |
|---|---|---|
| Instituto Nacional de Estadística (INE) - Censo 2013 | It's Honduras' official statistics agency, and this is the official municipal census volume for San Pedro Sula. | We used it to anchor how many homes are occupied versus unoccupied as a proxy for vacancy. We also used it to ground how common renting is versus owning in the local housing mix. |
| UNAH + UNFPA + INE - Perfil Sociodemográfico San Pedro Sula | It's a university-based, UN-backed demographic profile that compiles official sources for the city. | We used it to describe who lives in San Pedro Sula and why demand concentrates in certain life stages. We also used it to keep the tenant profile section tailored to local realities. |
| Banco Central de Honduras - Programa Monetario 2025-2026 | It's the central bank's official macro outlook document for growth and inflation. | We used it to set a 2026 baseline for inflation and growth, which drives rent expectations. We also used it to tie the outlook section to Honduran policy conditions. |
| IMF - Honduras Country Page | The IMF is a top-tier international organization that publishes standardized macro projections. | We used it to cross-check the inflation and growth environment that feeds into rent increases. We also used it as a second opinion to avoid relying on only one institution. |
| World Bank - Honduras Macro Poverty Outlook | The World Bank is a leading international institution, and the MPO is a standard macro outlook product. | We used it to triangulate 2025-2026 growth expectations and the demand backdrop for housing. We also used it to sanity-check the rent outlook against broader economic trends. |
| CREE - Tarifas Vigentes ENEE | It's the electricity regulator's published tariff schedule used for billing in Honduras. | We used it to estimate realistic electricity bills for a typical rental. We also used it to explain what parts of the bill are fixed versus per-kWh. |
| ENEE - Tarifas Vigentes Portal | It's the utility's own portal that mirrors official tariff structures. | We used it as a cross-check that the tariff structure is applied operationally. We also used it to keep utility cost estimates grounded in what's actually billed. |
| SAR - Impuesto Sobre la Renta (ISR) | It's the official tax authority's guidance page for income tax in Honduras. | We used it to frame how rental income sits inside Honduras' income tax system. We also used it to align the tax section with official wording and structure. |
| SAR - FAQ on Rental Income Tax | It's a direct SAR FAQ that states the specific rental-tax mechanism and thresholds. | We used it to give a clear, actionable rule for landlords when rents are above L 15,000 per month. We also used it to avoid relying on third-party tax summaries. |
| CEPAL - Ley de Municipalidades | CEPAL's platform republishes legal instruments and is widely used for policy reference in the region. | We used it to anchor property tax rate ceilings that municipalities apply. We also used it to avoid guessing the legal maximums for IBI. |
| Encuentra24 - San Pedro Sula Rentals | It's one of the biggest classified and real-estate listing platforms in the region with lots of live inventory. | We used it to build a January 2026 asking-rent sample of what tenants actually see today. We also used it to map rents to specific neighborhoods like Colonia Trejo and Río de Piedras. |
| Numbeo - Cost of Living San Pedro Sula | It's a well-known cost index with transparent crowd methodology and frequent updates. | We used it only as a sanity-check against our listing-based rent estimates. We also used it to confirm the general level of rent relative to other costs. |
| Wise - USD/HNL Exchange Rate History | It's a widely used financial platform that publishes transparent rate histories. | We used it to convert rents cleanly between USD and lempira at a realistic late-2025 market rate. We also used it so the article stays consistent when listings mix currencies. |
Get fresh and reliable information about the market in San Pedro Sula
Don't base significant investment decisions on outdated data. Get updated and accurate information.
Related blog posts
- Is now a good time to invest in property in San Pedro Sula?