The 1992 Puerto Rico Open was a women's tennis tournament played on outdoor hard courts at the San Juan Central Park in San Juan in Puerto Rico that was part of the Tier IV category of the 1992 WTA Tour.

It was the seventh edition of the tournament and was held from October 26 through November 1, 1992.

First-seeded Mary Pierce won the singles title and earned $27,000 first-prize money.

[1] Mary Pierce defeated Gigi Fernández 6–1, 7–5 Amanda Coetzer / Elna Reinach defeated Gigi Fernández / Kathy Rinaldi 6–2, 4–6, 6–2