FY2025 Fair Market Rents — Box Elder County, UT HUD Metro FMR Area

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

Studio
$694
1BR
$870
2BR
$1,012
3BR
$1,418
4BR
$1,699
Hours/week at min wage
108 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#487
of 639 U.S. metros (top 77% most expensive)
YoY change (2BR)
+4.1%
+$40 vs FY2024 · 5-yr +27.1%
Voucher payment standard
$911–$1,113
PHAs set HCV payment at 90–110% of the 2BR FMR

Box Elder County, UT HUD Metro FMR Area

Metropolitan area · UT · View full history · Income limits · LIHTC rents

FY2025 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $694 $8,328
1-Bedroom $870 $10,440
2-Bedroom $1,012 $12,144
3-Bedroom $1,418 $17,016
4-Bedroom $1,699 $20,388

Recent 2-Bedroom FMR Trend

FY2019 $720 → FY2025 $1,012
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2025 $694 $870 $1,012 $1,418 $1,699
FY2024 $659 $809 $972 $1,337 $1,591
FY2023 $665 $747 $963 $1,303 $1,565
FY2022 $629 $692 $911 $1,216 $1,455
FY2021 $561 $599 $789 $1,072 $1,254
FY2020 $527 $604 $796 $1,089 $1,273
FY2019 $473 $544 $720 $1,004 $1,172

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $92,400

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $19,400 $22,200 $25,820 $31,200 $36,580 $41,960
50% AMI (Very Low) $32,350 $37,000 $41,600 $46,200 $49,900 $53,600
80% AMI (Low) $51,750 $59,150 $66,550 $73,900 $79,850 $85,750

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$12,144/yr
FMR as % of Area Median Income
13.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$40,480/yr
$3,373/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 $808 $924 $1,039 $1,247 $1,339
60% AMI Maximum $970 $1,108 $1,247 $1,496 $1,607

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 $659 $809 $972 $1,337 $1,501
Low HOME Rent $808 $925 $1,040 $1,155 $1,247

Compare Box Elder County, UT HUD Metro FMR Area With Other UT Metros

vs. Ogden-Clearfield, UT HUD Metro FMR Area vs. Provo-Orem, UT MSA vs. Salt Lake City, UT HUD Metro FMR Area vs. St. George, UT MSA vs. Tooele County, UT HUD Metro FMR Area

Counties in This FMR Area

Related Pages