FY2025 Fair Market Rents — Danbury, CT HUD Metro FMR Area
The HUD-published Fair Market Rents for FY2025 in this area are:
Studio
$1,534
1BR
$1,880
2BR
$2,237
3BR
$2,842
4BR
$3,081
Hours/week at min wage
106 hrs
to afford the 2BR FMR @ $16.35/hr (CT)
YoY change (2BR)
+0.7%
+$16 vs FY2024 · 5-yr +27.9%
Voucher payment standard
$2,013–$2,461
PHAs set HCV payment at 90–110% of the 2BR FMR
Danbury, 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) | $1,534 | $18,408 |
| 1-Bedroom | $1,880 | $22,560 |
| 2-Bedroom | $2,237 | $26,844 |
| 3-Bedroom | $2,842 | $34,104 |
| 4-Bedroom | $3,081 | $36,972 |
Recent 2-Bedroom FMR Trend
FY2019 $1,583 → FY2025 $2,237
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2025 | $1,534 | $1,880 | $2,237 | $2,842 | $3,081 |
| FY2024 | $1,505 | $1,825 | $2,221 | $2,838 | $2,997 |
| FY2023 | $1,350 | $1,622 | $2,019 | $2,573 | $2,744 |
| FY2022 | $1,203 | $1,412 | $1,810 | $2,291 | $2,487 |
| FY2021 | $1,138 | $1,350 | $1,725 | $2,171 | $2,557 |
| FY2020 | $1,140 | $1,360 | $1,749 | $2,187 | $2,680 |
| FY2019 | $1,017 | $1,253 | $1,583 | $1,983 | $2,498 |
View full FMR history back to FY2000 →
FY2024 Income Limits
Area Median Income (AMI): $147,700
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $31,050 | $35,450 | $39,900 | $44,300 | $47,850 | $51,400 |
| 50% AMI (Very Low) | $51,700 | $59,100 | $66,500 | $73,850 | $79,800 | $85,700 |
| 80% AMI (Low) | $72,550 | $82,900 | $93,250 | $103,600 | $111,900 | $120,200 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$26,844/yr
FMR as % of Area Median Income
18.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$89,480/yr
$7,457/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 | $1,292 | $1,477 | $1,661 | $1,993 | $2,141 |
| 60% AMI Maximum | $1,550 | $1,772 | $1,993 | $2,392 | $2,569 |
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 | $1,505 | $1,825 | $2,221 | $2,400 | $2,400 |
| Low HOME Rent | $1,292 | $1,477 | $1,662 | $1,846 | $1,995 |
Compare Danbury, 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