Today, HUD published revised fair market rents (FMRs) for public housing agencies that submitted survey data on their local rental prices. The new FMRs reflect the estimated 40th percentile rent levels trended to Fiscal Year (FY) 2022. The revised FMRs for these areas are below. The revised FMRs are applicable on April 11, 2022.

2022 Fair Market Rent Area

FMR by number of bedrooms in unit

	0 BR	1 BR	2 BR	3 BR	4 BR
Abilene, TX MSA	$688	$732	$945	$1,288	$1,598
Asheville, NC HUD Metro FMR Area	1,188	1,209	1,378	1,879	2,359
Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area	1,803	1,986	2,399	2,966	3,253
Bremerton-Silverdale, WA MSA	1,174	1,368	1,765	2,435	2,909
Iron County, UT	615	757	926	1,268	1,585
New York, NY HUD Metro FMR Area	2,018	2,054	2,340	2,952	3,173
Portland, ME HUD Metro FMR Area	1,143	1,330	1,721	2,195	2,689
Portland-Vancouver-Hillsboro, OR-WA MSA	1,416	1,512	1,735	2,451	2,903
San Diego-Carlsbad, CA MSA	1,573	1,739	2,232	3,099	3,795
Santa Maria-Santa Barbara, CA MSA	1,875	2,157	2,516	3,316	3,790
Seattle-Bellevue, WA HUD Metro FMR Area	1,674	1,739	2,044	2,796	3,285
Transylvania County, NC	706	711	935	1,156	1,364

The Department also replied to comments on the FY 2022 FMRs and their calculation-methodology submitted by various stakeholders, including NAHRO.

The full notice can be found here.