HUD FY2003 Fair Market Rent Release
National summary of HUD's FY2003 Fair Market Rents. · ← FY2002 · FY2004 →
$937
National median 2BR
$656–$1,842
Metro range
20
U.S. metros
+2.6%
vs FY2002 national median
Biggest 2BR rent increases vs FY2002
| Metro | State | FY2002 | FY2003 | Change |
|---|---|---|---|---|
| Tampa-St. Petersburg-Clearwater, FL MSA | FL | $949 | $974 | +$25 (+2.6%) |
| Phoenix-Mesa-Scottsdale, AZ MSA | AZ | $877 | $900 | +$23 (+2.6%) |
| Austin-Round Rock, TX MSA | TX | $995 | $1,021 | +$26 (+2.6%) |
| Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area | CA | $1,340 | $1,375 | +$35 (+2.6%) |
| Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA | DE | $808 | $829 | +$21 (+2.6%) |
| Chicago-Joliet-Naperville, IL HUD Metro FMR Area | IL | $848 | $870 | +$22 (+2.6%) |
| Seattle-Tacoma-Bellevue, WA HUD Metro FMR Area | WA | $1,198 | $1,229 | +$31 (+2.6%) |
| Miami-Fort Lauderdale-Pompano Beach, FL HUD Metro FMR Area | FL | $1,200 | $1,231 | +$31 (+2.6%) |
| Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area | NC | $737 | $756 | +$19 (+2.6%) |
| New York-Newark-Edison, NY-NJ-PA HUD Metro FMR Area | NY | $1,365 | $1,400 | +$35 (+2.6%) |
Top 10 most expensive metros (FY2003 2BR)
- San Francisco-Oakland-Fremont, CA HUD Metro FMR Area, CA$1,842
- Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, MA$1,444
- New York-Newark-Edison, NY-NJ-PA HUD Metro FMR Area, NY$1,400
- Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area, CA$1,375
- San Diego-Carlsbad, CA MSA, CA$1,301
- Miami-Fort Lauderdale-Pompano Beach, FL HUD Metro FMR Area, FL$1,231
- Seattle-Tacoma-Bellevue, WA HUD Metro FMR Area, WA$1,229
- Washington-Arlington-Alexandria, DC-VA-MD HUD Metro FMR Area, DC$1,186
- Austin-Round Rock, TX MSA, TX$1,021
- Tampa-St. Petersburg-Clearwater, FL MSA, FL$974
Top 10 most affordable metros (FY2003 2BR)
- New Orleans-Metairie, LA HUD Metro FMR Area, LA$656
- Detroit-Warren-Livonia, MI HUD Metro FMR Area, MI$690
- Kansas City, MO-KS HUD Metro FMR Area, KS$703
- Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area, NC$756
- Houston-The Woodlands-Sugar Land, TX HUD Metro FMR Area, TX$785
- Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area, GA$812
- Dallas, TX HUD Metro FMR Area, TX$818
- Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA, DE$829
- Chicago-Joliet-Naperville, IL HUD Metro FMR Area, IL$870
- Phoenix-Mesa-Scottsdale, AZ MSA, AZ$900