This feature service outlines relationships between Zip Code Tabulation Areas (ZCTAs) used to denote Small Area Fair Market Rents (SAFMRs) and the Fair Market Rents (FMRs) calculated for Metropolitan Statistical Areas (MSAs) and County geographies. Small Area Fair Market Rents (SAFMRs) are FMRs calculated for ZIP Codes within Metropolitan Areas. Small Area FMRs are required to be used to set Section 8 Housing Choice Voucher payment standards in areas designated by HUD (available here). Other Housing Agencies operating in non-designated metropolitan areas may opt-in to the use of Small Area FMRs. Furthermore, Small Area FMRs may be used as the basis for setting Exception Payment Standards – PHAs may set exception payment standards up to 110 percent of the Small Area FMR. PHAs administering Public Housing units may use Small Area FMRs as an alternative to metropolitan area-wide FMRs when calculating Flat Rents.

Small Area Fair Market Rents (SAFMRs) are FMRs calculated for ZIP Codes. Small Area FMRs are required to be used to set Section 8 Housing Choice Voucher payment standards in areas designated by HUD (available here). Other Housing Agencies operating in non-designated metropolitan areas or non-metropolitan counties may opt-in to the use of Small Area FMRs. Furthermore, Small Area FMRs may be used as the basis for setting Exception Payment Standards – PHAs may set exception payment standards up to 110 percent of the Small Area FMR. PHAs administering Public Housing units may use Small Area FMRs as an alternative to metropolitan area-wide FMRs when calculating Flat Rents. Please See HUD’s Small Area FMR Final Rule for additional information regarding the uses of Small Area FMRs.

Fair Market Rents (FMRs) are used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), rent ceilings for rental units in both the HOME Investment Partnerships program and the Emergency Solution Grants program, calculation of maximum award amounts for Continuum of Care recipients and the maximum amount of rent a recipient may pay for property leased with Continuum of Care funds, and calculation of flat rents in Public Housing units. The U.S. Department of Housing and Urban Development (HUD) annually estimates FMRs for Office of Management and Budget (OMB) defined metropolitan areas, some HUD defined subdivisions of OMB metropolitan areas and each nonmetropolitan county. 42 USC 1437f requires FMRs be posted at least 30 days before they are effective and that they are effective at the start of the federal fiscal year (generally October 1).

Fair Market Rents (FMRs) are primarily used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), and to serve as a rent ceiling in the HOME rental assistance program. The U.S. Department of Housing and Urban Development (HUD) annually estimates FMRs for 530 metropolitan areas and 2,045 nonmetropolitan county FMR areas. By law the final FMRs for use in any fiscal year must be published and available for use at the start of that fiscal year, on October 1. 2014.

Small Area Fair Market Rents (SAFMRs) are FMRs calculated for ZIP Codes within Metropolitan Areas. Small Area FMRs are required to be used to set Section 8 Housing Choice Voucher payment standards in areas designated by HUD (available here). Other Housing Agencies operating in non-designated metropolitan areas may opt-in to the use of Small Area FMRs. Furthermore, Small Area FMRs may be used as the basis for setting Exception Payment Standards – PHAs may set exception payment standards up to 110 percent of the Small Area FMR. PHAs administering Public Housing units may use Small Area FMRs as an alternative to metropolitan area-wide FMRs when calculating Flat Rents. Please See HUD’s Small Area FMR Final Rule for additional information regarding the uses of Small Area FMRs.Note that this service does not denote precise SAFMR geographies. Instead, the service utilizes a relationship class to associate the information for each SAFMR with the FMR areas that its ZCTA overlaps. For example, ZCTA 94558 overlaps the Santa Rosa, Napa, and Vallejo-Fairfield MSAs. Selecting that ZCTA will reveal the SAFMR information associated with each FMR area.

  To learn more about the Small Area Fair Market Rents visit: https://www.huduser.gov/portal/datasets/fmr/smallarea/index.html, for questions about the spatial attribution of this dataset, please reach out to us at GISHelpdesk@hud.gov. Date of Coverage: Fiscal Year 2025Date Update: 01/2025

2012 FMR (Fair Market Rents)

Final Data (Effective October 1, 2011) Federal Register Preamble (.pdf, 153 KB) HUD’s Preliminary Response To Comments (.doc, 73 KB) Schedule B – FMR Tables (.pdf, 1.58 MB), (.doc, 364 KB) Schedule B addendum – Dallas Zip Codes (.pdf, 259 KB) Schedule D – Manufactured Housing Exception (.pdf, 65 KB) County Level Data File (*.xls, 1.19 MB)

Proposed Data Federal Register Preamble (.pdf, 107 KB) Schedule B – FMR Tables (.pdf, 1.57 MB) Schedule B addendum – Dallas Zip Codes, as published (.pdf, 125 KB) Schedule D – Manufactured Housing Exception (.pdf, 20 KB) County Level Data File (*.xls, 3.43 MB)

http://www.huduser.org/portal/datasets/fmr/fmr2012f/index.html

This data layer shows U.S. Department of Housing and Urban Development (HUD) annually designated Small Area Difficult Development Areas (SADDAs). SADDAs are areas with high construction, land, and utility costs relative to area median gross income and are based on small fair market rents, income limits, the 2020 census counts, and 5-year American Community Survey data.The unit of geography used to designate SADDAs in metro areas is the Zip Code Tabulation Area (ZCTA), which is made up of census blocks. ZCTAs aggregate data from census blocks based on the most common zip code occurring for addresses within the block. DDAs are designated annually.

This dataset consists of the small area fair market rents (FMRs) published annually by the U.S. Department of Housing and Urban Development (HUD). Small areas correspond to zip codes. The FMRs in this dataset are confined to the Atlanta metro area and include FMRs for the most recent year, the previous year and four years ago along with the percent change between those years. Small Area FMRs are required to be used to set Section 8 Housing Choice Voucher payment standards in areas designated by HUD. Additional information can be found at https://www.huduser.gov/portal/datasets/fmr/smallarea/index.html.

This data layer shows U.S. Department of Housing and Urban Development (HUD) annually designated Small Area Difficult Development Areas (SADDAs). SADDAs are areas with high construction, land and utility costs relative to area median gross income and are based on Small Fair Market Rents, income limits, the 2010 census counts, and 5-year American Community Survey data.The unit of geography used to designate SADDAs in metro areas is the Zip Code Tabulation Area (ZCTA), which is made up of census blocks. ZCTAs aggregate data from census blocks based on the most common zip code occurring for addresses within the block. DDAs are designated annually.

Rents for industrial real estate in the U.S. have increased since 2017, with flexible/service space reaching the highest price per square foot in 2024. In just a year, the cost of, flex/service space rose by nearly *****U.S. dollars per square foot. Manufacturing facilities, warehouses, and distribution centers had lower rents and experienced milder growth. Los Angeles, Orange County, and Inland Empire, California, are some of the most expensive markets in the country. Office real estate is pricier Industrial real estate is far from being the most expensive commercial property type. For instance, average rental rates in major U.S. metros for office space are much higher than those for industrial space. This is most likely because office units are generally located in urban areas where there is limited space and thus higher demand, whereas industrial units are more suited to the outskirts of such urban areas. Industrial units, such as warehouses or factories, require much more space because they need to house large, heavy equipment or serve as a storage unit for future shipments. Big-box distribution space is gaining in importance Warehouses and distribution may currently command the lowest average rent per square foot among industrial space types, but the growing popularity of the asset class has earned it considerable gains over the past years. In 2021 and 2022, high occupier demand and insufficient supply led to soaring taking rent of big-box buildings. During that time, the vacancy rate of distribution centers fell below ****percent. The development of industrial and logistics facilities has accelerated since then, with the new supply coming to market, causing the vacancy rate to increase and the pressures on rent to ease.

This data layer shows U.S. Department of Housing and Urban Development (HUD) annually designated Small Area Difficult Development Areas (SADDAs). SADDAs are areas with high construction, land and utility costs relative to area median gross income and are based on Small Fair Market Rents, income limits, the 2010 census counts, and 5-year American Community Survey data.The unit of geography used to designate SADDAs in metro areas is the Zip Code Tabulation Area (ZCTA), which is made up of census blocks. ZCTAs aggregate data from census blocks based on the most common zip code occurring for addresses within the block. DDAs are designated annually.