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Indicator
Metadata
Indicator
Fair market rent for four bedroom apartments
Definition: Fair market rent estimates include the cost of utilities. The FMR determines the eligibility of rental housing units for the Housing Voucher program, and is based on recent movers in private housing more than two years old. Depending on the area, the FMR represents the dollar amount below which 40 percent or 50 percent of the standard-quality rental housing units are rented.
Full Label: Fair market rent (FMR) for four bedroom apartments
Source dataset: Fair Market Rents (U.S. Department of Housing and Urban Development)
Available Years VS. Geo-Types :
  Census Tract Zip Code Place Metropolitan Area County State Nation
2001-2005       • •    
2006-2008         •    
Legend : • - Full Data Coverage p - Partial Data Coverage
Quick Preview of Indicator - Washington, DC
Fair market rent for four bedroom apartments(2008)
Top Ten Counties in USA
Rank Place see bottom ten
1   Honolulu County, HI $2,799
2   Orange County, CA $2,622
3   Pitkin County, CO $2,400
4   San Diego County, CA $2,382
5   Ventura County, CA $2,331
6   Bethel Census Area, AK $2,316
7   Westchester County, NY $2,259
8   Marin County, CA $2,246
9   San Francisco County, CA $2,246
10   San Mateo County, CA $2,246
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Dataset
Fair Market Rents (U.S. Department of Housing and Urban Development)
Description: Dataset Name: Fair Market Rents Years: 2001 to 2008 Geographic Levels Available: Minor Civil Division, County, Metropolitan Area Originator: U.S. Department of Housing and Urban Development The U.S. Department of Housing and Urban Development (HUD) annually publishes estimates of Fair Market Rents (FMRs) for calculating subsidies under the Housing Choice Voucher program. The estimates include the shelter rent plus the cost of utilities, except telephone. FMRs are produced for non-metropolitan counties and fair market rent areas, which generally follow OMB metropolitan area boundaries. HUD transitioned to 2005 metropolitan definitions in 2006. FMRs represent either the 40th or 50th percentile within the rent distribution of standard-quality rental units. The rents are based on units occupied by recent movers (those who moved into the unit in the past 15 months), excluding public housing and units less than 2 years old. HUD uses the Decennial Census to set base rents, and then updates them with the American Housing Survey, Consumer Price Index, and local telephone surveys. For more information on FMRs, visit http://www.huduser.org/datasets/fmr.html.
Originator: U.S. Department of Housing and Urban Development
Publication Date: May 13, 2007
Time Period of Content: December 31, 2007 to December 30, 2008
Bounds:
West
East
North
South
Display in FGDC format
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All indicators associated with this dataset (6)
Name: Description
Fair market rent for efficiency apartments Fair market rent (FMR) for efficiency apartments
Fair market rent for four bedroom apartments Fair market rent (FMR) for four bedroom apartments
Fair market rent for one bedroom apartments Fair market rent (FMR) for one bedroom apartments
Fair market rent for three bedroom apartments Fair market rent (FMR) for three bedroom apartments
Fair market rent for two bedroom apartments Fair market rent (FMR) for two bedroom apartments
Percentile used for fair market rent Percentile used for Fair market rent (FMR)