Blog
HUD Releases 2025 Fair Market Rents
The U.S. Department of Housing and Urban Development (HUD) released fair market rents (FMR) for fiscal year 2025 on Aug. 14, 2024, with an effective date of Oct. 1, 2024.
This system provides complete documentation of the development of the FY 2025 Fair Market Rents (FMRs) for any area of the country selected by the user. After selecting the desired geography, the user is provided a page containing a summary of how the FY 2025 FMRs were developed and updated starting with the formation of the FMR Areas from the metropolitan Core-Based Statistical Areas (CBSAs) as established by the Office of Management and Budget, the newly available 2022 American Community Survey (ACS) 1 year data and the newly available 2018-2022 5 year data, and updating to FY 2025 including information from local survey data..png)
