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).

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

Virginia (VA) has the 19th highest rent in the country out of 56 states and territories. The Fair Market Rent in Virginia ranges from $701 for a 2-bedroom apartment in Grayson County, VA to $1,765 for a 2-bedroom unit in Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area.

For FY 2024, the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area (Arlington County) rent for a studio or efficiency is $1,772 per month and $3,015 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Virginia is $1,056 per month.

Approximately 15% of Americans qualify for some level of housing assistance. The population in Virginia is around 2,038,847 people. So, there are around 305,827 people in Virginia who could be receiving housing benefits from the HUD. For FY 2025, the Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area (Arlington County) rent for a studio or efficiency is $2,012 per month and $3,413 per month to rent a house or an apartment with 4 bedrooms. The average Fair Market Rent for a 2-bedroom home in Virginia is $1,059 per month.

Fair Market Rents (FMRs) represent the estimated amount (base rent + essential utilities) that a property in a given area typically rents for. The data is primarily used to determine payment standard amounts for the Housing Choice Voucher program; however, FMRs are also used to:

Determine initial renewal rents for expiring project-based Section 8 contracts;

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 (ESG) program;

Calculate 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;

Calculate flat rent amounts in Public Housing Units.

Data is updated annualy in accordance with 42 USC 1437f which 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, October 1st.In order to calculate rents for units with more than four bedrooms, an extra 15% cost is added to the four bedroom unit value. The formula is to multiply the four bedroom rent by 1.15. For example, in FY21 the rent for a four bedroom unit in the El Centro, California Micropolitan Statistical Area is $1,444. The rent for a five bedroom unit would be $1,444 * 1.15 or $1,661. Each subsequent bedroom is an additional 15%. A six bedroom unit would be $1,444 * 1.3 or $1,877. These values are not included in the feature service.

To learn more about Fair Market Rents visit: https://www.huduser.gov/portal/datasets/fmr.html/, for questions about the spatial attribution of this dataset, please reach out to us at GISHelpdesk@hud.gov. Data Dictionary: DD_Fair Market Rents

Date of Coverage: FY2024 : Oct. 1 - Sept. 30

HOME Rent Limit data are available from FY 1998 to the present. Per 24 CFR Part 92.252, HUD provides the following maximum HOME rent limits. The maximum HOME rents are the lesser of: The fair market rent for existing housing for comparable units in the area as established by HUD under 24 CFR 888.111; or A rent that does not exceed 30 percent of the adjusted income of a family whose annual income equals 65 percent of the median income for the area, as determined by HUD, with adjustments for number of bedrooms in the unit. The HOME rent limits provided by HUD will include average occupancy per unit and adjusted income assumptions. In rental projects with five or more HOME-assisted rental units, twenty (20) percent of the HOME-assisted units must be occupied by very low-income families and meet one of following rent requirements: The rent does not exceed 30 percent of the annual income of a family whose income equals 50 percent of the median income for the area, as determined by HUD, with adjustments for smaller and larger families. HUD provides the HOME rent limits which include average occupancy per unit and adjusted income assumptions. However, if the rent determined under this paragraph is higher than the applicable rent under 24 CFR 92.252(a), then the maximum rent for units under this paragraph is that calculated under 24 CFR 92.252(a). The rent does not exceed 30 percent of the family's adjusted income. If the unit receives Federal or State project-based rental subsidy and the very low-income family pays as a contribution toward rent not more than 30 percent of the family's adjusted income, then the maximum rent (i.e., tenant contribution plus project-based rental subsidy) is the rent allowable under the Federal or State project-based rental subsidy program. Fair Market Rents are established by HUD each year for the Section 8 Program. For more information on the annual calculation of Fair Market Rents, visit the Fair Market Rents page. The FMRs for unit sizes larger than 4 bedroom are calculated by adding 15 percent to the 4 bedroom FMR for each extra bedroom. For example, the FMR for a 5 bedroom unit is 1.15 times the 4 bedroom FMR, and the FMR for a 6 bedroom unit is 1.30 times the 4 bedroom FMR, and so on... 5 BR = 1.15 x 4 BR FMR 6 BR = 1.30 x 4 BR FMR 7 BR = 1.45 x 4 BR FMR 8 BR = 1.60 x 4 BR FMR 9 BR = 1.75 x 4 BR FMR 10 BR = 1.90 x 4 BR FMR 11 BR = 2.05 x 4 BR FMR 12 BR = 2.20 x 4 BR FMR Note: The FY 2024 HOME Rent Limits effective date is June 01, 2024.

This service contains a list of census tracts that qualify for the American Rescue Plan Act (ARPA) . The list was provided to EGIS by BMS. The data used to produce this service can be found at Qualified Census Tracts and Difficult Development Areas | HUD USER.Low-Income Housing Tax Credit Qualified Census Tracts must have 50 percent of households with incomes below 60 percent of the Area Median Gross Income (AMGI) or have a poverty rate of 25 percent or more. Difficult Development Areas (DDA) are areas with high land, construction and utility costs relative to the area median income and are based on Fair Market Rents, income limits, the 2010 census counts, and 5-year American Community Survey (ACS) data. Maps of Qualified Census Tracts and Difficult Development Areas are available at: 2023 and 2024 Small DDAs and QCTs | HUD USER.Qualified Census Tracts - Generate QCT Tables for Individual Areas (Also Includes DDA Information)This data was created by the Department of Housing and Urban Development in 2023. This data is updated on a yearly basis.