HUD recently posted Fiscal Year 2017 Fair-Market Rents (FMR) to the huduser.gov site. A notice was also posted in the Federal Register. The posting shows FMRs organized by state and then by county to reflect the estimated 40th and 50th percentile rent levels trended to April 1, 2017. The methodology used to calculate FMRs was the same as last year.

The fourteen areas in FY16 that used 50th-percentile FMRs will continue to do so for FY17. In addition, Bergen-Passaic, NJ HUD Metro FMR Area and San Diego-Carlsbad-San Marcos, CA MSA have been added back to the list and Spokane, WA HUD Metro FMR has been added for the first time.

 

FY 2017 50th-Percentile FMR Areas And Year of Next Reevaluation

Albuquerque, NM MSA 2018 Baltimore-Columbia-Towson, MD MSA 2019
Bergen-Passaic, NJ HUD Metro FMR Area 2020 Chicago-Joliet-Naperville, IL HUD Metro FMR Area 2018
Denver-Aurora-Broomfield, CO MSA 2018 Hartford-West Hartford-East Hartford, CT HUD Metro FMR Area 2018
Urban Honolulu, HI MSA 2018 Kansas City, MO-KS HUD Metro FMR Area 2018
Milwaukee-Waukesha-West Allis, WI MSA 2018 Philadelphia-Camden-Wilmington, PA-NJ-DE-MD 2019
Riverside-San Bernardino-Ontario, CA MSA 2018 San Diego-Carlsbad-San Marcos, CA MSA 2020
Spokane, WA HUD Metro FMR Area 2020 Tacoma, WA HUD Metro FMR Area 2018
Virginia Beach-Norfolk-Newport News, VA-NC MSA 2018 Washington, DC-VA-MD HUD Metro FMR Area 2019
West Palm Beach-Boca Raton, FL HUD Metro FMR Area 2019