Fair Market Rents FY2027

HUD Fair Market Rents for every county, metro area and ZIP code – the rent limits used for Housing Choice Vouchers (Section 8) – with FY2026 income limits and rent history back to 1983.

Fair Market Rents by state

Population-weighted two-bedroom FMR.

Largest metro areas

Highest Fair Market Rents

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What is a Fair Market Rent?

HUD publishes Fair Market Rents each year for every metropolitan area and non-metropolitan county. An FMR is the 40th percentile gross rent (rent plus utilities) for standard-quality units, and it sets the payment standards for Housing Choice Vouchers and rent limits for several other programs. In many metro areas HUD also publishes Small Area FMRs by ZIP code, which housing authorities use to let voucher holders move to higher-cost neighborhoods.