FY2025 Fair Market Rents — Stamford-Norwalk, CT HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2025 in this area are:

Studio
$1,790
1BR
$2,172
2BR
$2,610
3BR
$3,176
4BR
$3,541
Hours/week at min wage
123 hrs
to afford the 2BR FMR @ $16.35/hr (CT)
YoY change (2BR)
-0.7%
$18 vs FY2024 · 5-yr +25.5%
Voucher payment standard
$2,349–$2,871
PHAs set HCV payment at 90–110% of the 2BR FMR

Stamford-Norwalk, CT HUD Metro FMR Area

Non-Metropolitan area · CT · View full history · Income limits · LIHTC rents

FY2025 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,790 $21,480
1-Bedroom $2,172 $26,064
2-Bedroom $2,610 $31,320
3-Bedroom $3,176 $38,112
4-Bedroom $3,541 $42,492

Recent 2-Bedroom FMR Trend

FY2019 $1,885 → FY2025 $2,610
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $1,790 $2,172 $2,610 $3,176 $3,541
FY2024 $1,781 $2,173 $2,628 $3,202 $3,500
FY2023 $1,735 $2,127 $2,563 $3,160 $3,443
FY2022 $1,520 $1,855 $2,230 $2,757 $3,056
FY2021 $1,292 $1,621 $1,958 $2,439 $2,720
FY2020 $1,356 $1,701 $2,079 $2,616 $2,926
FY2019 $1,211 $1,517 $1,885 $2,404 $2,752

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $180,500

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $37,950 $43,350 $48,750 $54,150 $58,500 $62,850
50% AMI (Very Low) $63,200 $72,200 $81,250 $90,250 $97,500 $104,700
80% AMI (Low) $83,300 $95,200 $107,050 $118,950 $128,500 $138,000

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$31,320/yr
FMR as % of Area Median Income
17.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$104,400/yr
$8,700/mo gross income

FY2024 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,579 $1,805 $2,030 $2,436 $2,617
60% AMI Maximum $1,895 $2,166 $2,436 $2,924 $3,140

FY2024 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,781 $2,173 $2,628 $2,933 $2,933
Low HOME Rent $1,580 $1,805 $2,031 $2,256 $2,437

Compare Stamford-Norwalk, CT HUD Metro FMR Area With Other CT Metros

vs. Ansonia town, CT Exception Area vs. Beacon Falls town, CT Exception Area vs. Bridgeport, CT HUD Metro FMR Area vs. Bridgeport-Stamford-Danbury, CT MSA vs. Cheshire town, CT Exception Area

Counties in This FMR Area

Related Pages