HUD Updates Voucher Rents: Your Apartment Costs Just Changed
Published Date: 3/28/2025
Notice
Summary
HUD just updated the Fair Market Rents (FMRs) for several areas starting April 28, 2025. This means housing vouchers and rent limits for programs like the Housing Choice Voucher and Single Room Occupancy will change based on fresh local rent data. If you’re a renter or housing provider in affected areas, expect new rent standards that could impact your payments or assistance.
Analyzed Economic Effects
2 provisions identified: 0 benefits, 0 costs, 2 mixed.
Revised Fair Market Rents Take Effect
HUD revised the FY2025 Fair Market Rents (FMRs) for several areas effective April 28, 2025. These FMRs set voucher payment standards and rent limits for programs like the Housing Choice Voucher and Moderate Rehabilitation Single Room Occupancy; example values include New York HUD Metro FMR Area 0 BR $2,406, Boston-Cambridge-Quincy 0 BR $2,263, and San Luis Obispo-Paso Robles 0 BR $1,669.
Small-Area and 50th Percentile Rent Updates Published
HUD also updated FY2025 Small Area Fair Market Rents (SAFMRs) and published 50th percentile rents for affected FMR areas; these updates apply to metropolitan areas with revised FMRs. HUD posted the revised FMRs, SAFMRs, and 50th percentile rents on the HUD USER website (e.g., https://www.huduser.gov/portal/datasets/fmr.html and https://www.huduser.gov/portal/datasets/fmr/smallarea/index.html).
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