What is the Fair Market Rent for a 2-bedroom in Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area is $2,340 per month for fiscal year 2024. The studio FMR is $1,668, 1-bedroom is $1,932, 3-bedroom is $3,236, and 4-bedroom is $3,705.

What income do you need to afford the FMR in Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $93,600 per year ($7,800 per month) to afford the FY2024 2-bedroom Fair Market Rent of $2,340 in Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area.

FY2024 Fair Market Rents — Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2024 in this area are:

Studio

$1,668

1BR

$1,932

2BR

$2,340

3BR

$3,236

4BR

$3,705

Hours/week at min wage

110 hrs

to afford the 2BR FMR @ $16.50/hr (CA)

National rank

#24

of 646 U.S. metros (top 5% most expensive)

YoY change (2BR)

+2.6%

+$59 vs FY2023 · 5-yr +13.5%

Voucher payment standard

$2,106–$2,574

PHAs set HCV payment at 90–110% of the 2BR FMR

Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area

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

FY2024 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,668	$20,016
1-Bedroom	$1,932	$23,184
2-Bedroom	$2,340	$28,080
3-Bedroom	$3,236	$38,832
4-Bedroom	$3,705	$44,460

Recent 2-Bedroom FMR Trend

FY2018 $2,010 → FY2024 $2,340

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2024	$1,668	$1,932	$2,340	$3,236	$3,705
FY2023	$1,687	$1,984	$2,281	$2,965	$3,375
FY2022	$1,645	$1,934	$2,224	$2,891	$3,291
FY2021	$1,604	$1,886	$2,168	$2,818	$3,208
FY2020	$1,564	$1,839	$2,114	$2,748	$3,128
FY2019	$1,525	$1,793	$2,061	$2,679	$3,050
FY2018	$1,487	$1,748	$2,010	$2,613	$2,974

View full FMR history back to FY2000 →

FY2024 Income Limits

Area Median Income (AMI): $91,800

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$19,278	$22,032	$24,786	$27,540	$29,743	$31,946
50% AMI (Very Low)	$32,129	$36,720	$41,310	$45,900	$49,572	$53,243
80% AMI (Low)	$51,408	$58,752	$66,096	$73,440	$79,315	$85,190

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$28,080/yr

FMR as % of Area Median Income

30.6% of AMI

Above 30% — cost-burdened at median income

Income Needed (30% rule, 2BR)

$93,600/yr

$7,800/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	$803	$918	$1,032	$1,239	$1,331
60% AMI Maximum	$963	$1,101	$1,239	$1,487	$1,597

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	$1,491	$1,491	$1,491	$1,491	$1,491
Low HOME Rent	$803	$918	$1,032	$1,147	$1,239

Compare Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area With Other CA Metros

vs. Bakersfield, CA MSA vs. Chico, CA MSA vs. El Centro, CA MSA vs. Fresno, CA MSA vs. Hanford-Corcoran, CA MSA