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Fair Market Rents

Fair Market Rents

Is rent rising unpredictably fast in your community?

Econometrica specializes in conducting surveys to help communities get accurate HUD Fair Market Rents (FMRs) so that families using House Choice Vouchers can find affordable housing in areas of greater opportunity.

In fact, last year, Econometrica completed 50% of all successful FMR reevaluations in the entire country!

To learn more or to find out if your housing authority might be a good candidate for an FMR survey, visit https://econometricainc.com/fair-market-rents/

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Kurt von Tish

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HUD Releases Updated FMRs; Econometrica Conducted Surveys for Multiple PHAs

HUD Releases Updated FMRs; Econometrica Conducted Surveys for Multiple PHAs

BETHESDA, MD – The U.S. Department of Housing and Urban Development (HUD) released updated Fair Market Rents (FMRS) for fiscal year 2022 for 12 areas based on new survey data.

The updates, released in the Federal Register on March 10, 2022, come after public housing authorities (PHAs) conducted new surveys. According to HUD, the new FMRs reflect the estimated 40th percentile rent levels.

The Econometrica Team, consisting of Econometrica and M. Davis & Company, conducted surveys and data analysis for 6 of the 12 PHAs with updated FMRs. The team utilized its years of housing and community development experience to provide collection and analysis of data to appeal HUD’s previously proposed FMRs.

FMR values can be found on the HUD USER website.

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Source: Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program, and Other Programs Fiscal Year 2022; Revised, 87 Fed. Reg. 13744 (March 10, 2022).

About Econometrica

Econometrica is a research and management organization committed to providing high-quality, cost-effective economic and analytical services for clients in the private and public sectors. Located in Bethesda, Maryland, Econometrica in particular specializes in housing, community development, and economic analysis. It has performed FMR survey and related work for more than 15 years and has worked with PHAs for approximately 20 years.