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

Historical Fair Market Rents from FY2000 to FY2024. Current FMR page →

The 2-bedroom FMR in Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area has changed from $1,274 in FY2000 to $2,340 in FY2024 — a +83.7% change over 24 years.

Fiscal Year Studio 1BR 2BR YoY 2BR 2BR in FY2024 $ 3BR 4BR
FY2024 (Latest) $1,668 $1,932 $2,340 +2.6% $2,340 $3,236 $3,705
FY2023 $1,687 $1,984 $2,281 +2.6% $2,348 $2,965 $3,375
FY2022 $1,645 $1,934 $2,224 +2.6% $2,384 $2,891 $3,291
FY2021 $1,604 $1,886 $2,168 +2.6% $2,510 $2,818 $3,208
FY2020 $1,564 $1,839 $2,114 +2.6% $2,562 $2,748 $3,128
FY2019 $1,525 $1,793 $2,061 +2.5% $2,529 $2,679 $3,050
FY2018 $1,487 $1,748 $2,010 +2.6% $2,511 $2,613 $2,974
FY2017 $1,449 $1,704 $1,959 +2.6% $2,507 $2,546 $2,899
FY2016 $1,413 $1,661 $1,910 +2.5% $2,496 $2,483 $2,826
FY2015 $1,378 $1,620 $1,863 +2.6% $2,466 $2,421 $2,757
FY2014 $1,343 $1,579 $1,816 +2.5% $2,406 $2,360 $2,687
FY2013 $1,310 $1,540 $1,771 +2.6% $2,385 $2,302 $2,621
FY2012 $1,277 $1,501 $1,726 +2.6% $2,358 $2,243 $2,554
FY2011 $1,245 $1,464 $1,683 +2.6% $2,347 $2,187 $2,490
FY2010 $1,214 $1,427 $1,641 +2.6% $2,361 $2,133 $2,428
FY2009 $1,184 $1,392 $1,600 +2.6% $2,339 $2,080 $2,368
FY2008 $1,154 $1,357 $1,560 +2.6% $2,273 $2,028 $2,308
FY2007 $1,125 $1,323 $1,521 +2.6% $2,301 $1,977 $2,251
FY2006 $1,097 $1,290 $1,483 +2.6% $2,308 $1,927 $2,194
FY2005 $1,070 $1,258 $1,446 +2.6% $2,323 $1,879 $2,140
FY2004 $1,043 $1,226 $1,410 +2.5% $2,341 $1,833 $2,086
FY2003 $1,017 $1,196 $1,375 +2.6% $2,344 $1,787 $2,035
FY2002 $991 $1,165 $1,340 +2.5% $2,337 $1,742 $1,983
FY2001 $967 $1,137 $1,307 +2.6% $2,315 $1,699 $1,934
FY2000 $942 $1,108 $1,274 $2,321 $1,656 $1,885

Related Pages

Understanding FMR Trends

Fair Market Rents are published each fall for the upcoming fiscal year (October through September). HUD adjusts FMRs annually based on local rental market surveys, American Community Survey (ACS) data, and Consumer Price Index (CPI) adjustments. Periods of rapid rent growth — such as the 2021–2023 period of post-pandemic inflation — are reflected in sharp FMR increases, while periods of market cooling may produce flat or modestly rising FMRs.

Historical data is useful for housing advocates, economists, and policymakers analyzing long-term trends in housing affordability. A rising FMR generally indicates a tightening rental market; a FMR that grows slower than household incomes suggests improving affordability, while one that outpaces income growth signals worsening cost burden.