HUD Publishes FY19 Fair Market Rents
On August 31st HUD published the Fiscal Year 2019 Fair Market Rents (FMRs). FMRs are used to determine payment standards for the Housing Choice Voucher Program, initial renewal rents for some expiring project-based Section 8 contracts, rent ceilings for the HOME Investment Partnership program, among others. Public housing agencies and other interested parties may comment on the FMRs and request a reevaluation within 30 days.
Comments and requests for reevaluations must be submitted through http://www.regulations.gov/ or by mail to: HUD Regulations Division, Office of General Counsel, Department of Housing and Urban Development, 451 7th Street, SW, Room 10276, Washington, DC 20410-0500. HUD encourages electronic submissions.
Below is a sampling of Massachusetts jurisdictions comparing FY-2019 and FY-2018 . All FY-2019 FMRs are available at: https://bit.ly/2LHz7N5
Barnstable- Cape Cod
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$1,152 |
$1,524 |
$1,931 |
$2,101 |
|
FY 2018 FMR |
$1,083 |
$1,441 |
$1,817 |
$1,984 |
Boston-Cambridge-Quincy
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$1,561 |
$1,902 |
$2,383 |
$2,571 |
|
FY 2018 FMR |
$1,421 |
$1,740 |
$2,182 |
$2,370 |
Brockton Metro Area
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$1,136 |
$1,475 |
$1,853 |
$2,155 |
|
FY 2018 FMR |
$1,064 |
$1,365 |
$1,726 |
$1,947 |
Fitchburg-Leominster Metro Area
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$832 |
$1,096 |
$1,380 |
$1,491 |
|
FY 2018 FMR |
$822 |
$1,085 |
$1,360 |
$1,478 |
Lawrence Metro Area
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$1,057 |
$1,357 |
$1,700 |
$1,834 |
|
FY 2018 FMR |
$929 |
$1,187 |
$1,488 |
$1,619 |
Lowell Metro Area
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$1,179 |
$1,514 |
$1,897 |
$2,047 |
|
FY 2018 FMR |
$1,098 |
$1,392 |
$1,745 |
$1,896 |
Providence-Fall River
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$889 |
$1,060 |
$1,328 |
$1,565 |
|
FY 2018 FMR |
$849 |
$1,014 |
$1,271 |
$1,508 |
Pittsfield Metro Area
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$843 |
$1,048 |
$1,342 |
$1,463 |
|
FY 2018 FMR |
$817 |
$1,000 |
$1,254 |
$1,409 |
Springfield Metro Area
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$831 |
$1,061 |
$1,329 |
$1,521 |
|
FY 2018 FMR |
$884 |
$1,117 |
$1,400 |
$1,627 |
Worcester Metro Area
|
Year |
One-Bedroom |
Two-Bedroom |
Three-Bedroom |
Four-Bedroom |
|
FY 2019 FMR |
$946 |
$1,202 |
$1,506 |
$1,632 |
|
FY 2018 FMR |
$942 |
$1,192 |
$1,494 |
$1,654 |