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 |