FY2025 Fair Market Rents — Madera, CA MSA
The HUD-published Fair Market Rents for FY2025 in this area are:
Studio
$1,099
1BR
$1,106
2BR
$1,433
3BR
$2,008
4BR
$2,293
Hours/week at min wage
67 hrs
to afford the 2BR FMR @ $16.50/hr (CA)
National rank
#188
of 639 U.S. metros (top 30% most expensive)
YoY change (2BR)
+0.1%
+$1 vs FY2024 · 5-yr +29.7%
Voucher payment standard
$1,290–$1,576
PHAs set HCV payment at 90–110% of the 2BR FMR
Madera, CA MSA
Metropolitan area · CA · View full history · Income limits · LIHTC rents
FY2025 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,099 | $13,188 |
| 1-Bedroom | $1,106 | $13,272 |
| 2-Bedroom | $1,433 | $17,196 |
| 3-Bedroom | $2,008 | $24,096 |
| 4-Bedroom | $2,293 | $27,516 |
Recent 2-Bedroom FMR Trend
FY2019 $1,020 → FY2025 $1,433
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2025 | $1,099 | $1,106 | $1,433 | $2,008 | $2,293 |
| FY2024 | $1,083 | $1,090 | $1,432 | $1,998 | $2,208 |
| FY2023 | $967 | $973 | $1,258 | $1,784 | $1,971 |
| FY2022 | $913 | $919 | $1,198 | $1,702 | $1,870 |
| FY2021 | $875 | $881 | $1,151 | $1,647 | $1,802 |
| FY2020 | $833 | $839 | $1,105 | $1,584 | $1,717 |
| FY2019 | $766 | $771 | $1,020 | $1,450 | $1,609 |
View full FMR history back to FY2000 →
FY2024 Income Limits
Area Median Income (AMI): $87,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,450 | $21,100 | $25,820 | $31,200 | $36,580 | $41,960 |
| 50% AMI (Very Low) | $30,800 | $35,200 | $39,600 | $43,950 | $47,500 | $51,000 |
| 80% AMI (Low) | $49,250 | $56,250 | $63,300 | $70,300 | $75,950 | $81,550 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$17,196/yr
FMR as % of Area Median Income
19.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$57,320/yr
$4,777/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 | $768 | $878 | $987 | $1,185 | $1,273 |
| 60% AMI Maximum | $921 | $1,053 | $1,185 | $1,422 | $1,527 |
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 | $1,083 | $1,090 | $1,426 | $1,426 | $1,426 |
| Low HOME Rent | $770 | $880 | $990 | $1,098 | $1,187 |
Compare Madera, CA MSA With Other CA Metros
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