Rents from HUD's public filesNot affiliated with HUD
Saturday, October 24, 2026Fair Market Rent edition, FY 2027Data checked October 24, 2026
FY 2027 fair market rents, effective October 1, 2026
HUD's new Fair Market Rents took effect October 1. Type a ZIP to see the Small Area FMR, the area-wide FMR and the 90% to 110% range a housing agency can set its payment standard in, for studios through 4 bedrooms.
| FY | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2BR | $1,064 | $1,105 | $1,147 | $1,194 | $1,239 | $1,283 | $1,420 | $1,594 | $1,673 | $1,724 | $1,750 |
| Area | 2BR | 1 yr | FY17 to FY27 |
|---|---|---|---|
| Fayetteville, NC | 1,476 | +18.0% | |
| Port St. Lucie, FL | 2,069 | +17.8% | |
| Peoria, IL | 1,212 | +16.7% | |
| Roanoke, VA | 1,464 | +16.7% | |
| Stockton-Lodi, CA | 2,015 | +15.7% | |
| Trenton-Princeton, NJ | 2,242 | +15.0% | |
| Kansas City, MO-KS | 1,546 | +13.8% | |
| Montgomery, AL | 1,150 | +13.2% |
| Area | 2BR | 1 yr | FY17 to FY27 |
|---|---|---|---|
| Salinas, CA | 2,416 | −10.0% | |
| Rochester, NY | 1,416 | −10.0% | |
| Reading, PA | 1,418 | −10.0% | |
| Eugene-Springfield, OR | 1,546 | −8.4% | |
| Killeen-Temple, TX | 1,138 | −7.7% | |
| Salt Lake City, UT | 1,615 | −7.6% | |
| Boise City, ID | 1,540 | −6.9% | |
| Fayetteville-Springdale-Rogers, AR | 1,256 | −6.8% |
FY 2027 vs FY 2026, 2-bedroom. HUD will not let an area's FMR fall more than 10% in a year (24 CFR 888.113(b)), so several areas sit exactly at that floor. Big jumps often follow a change in HUD's survey data or method rather than a one-year market swing.
With a voucher tenant, the housing agency pays its share of the rent to you directly each month, and for many families that share is most of the rent. How much it can pay is tied to these numbers. If you own a rental or are about to buy one, the FMR for your unit size and ZIP tells you roughly where a voucher-backed rent will land, and lenders who qualify loans on rent will look at the same unit through their own appraisal.
Every figure here comes from HUD’s published files, with the effective date shown next to it. This site is run by Janover Capital LLC, a commercial mortgage brokerage. It is not HUD, a housing agency or a government site, and it has no say in what any agency pays. For an agency’s actual payment standard, ask that agency; the data page explains what each number is and where it came from.
HUD's estimate of the 40th percentile gross rent, meaning rent plus utilities, that recent movers paid for a standard-quality unit in an area. HUD publishes it each year by metro area and nonmetro county, and by ZIP code as the Small Area FMR. Housing agencies use it to set Section 8 voucher payment standards.
The agency's payment standard for a 2-bedroom, which is usually 90% to 110% of the FMR, minus what the tenant pays, which is generally 30% of adjusted monthly income. If the gross rent is below the payment standard, the voucher pays the gross rent minus the tenant's share. Your asking rent must also pass the agency's rent reasonableness check.
No. It is a 40th percentile figure that includes utilities, so a well-kept unit in a good location may rent above it on the open market, and a voucher tenant's rent is capped by the payment standard and rent reasonableness, not by the FMR itself.
In many states and cities, no. Many ban discrimination based on source of income, which includes vouchers. The federal Fair Housing Act protects other classes. Check your state and city law, and see HUD's fair housing pages, before you advertise or screen.
