HUD FY2016 Fair Market Rent Release

National summary of HUD's FY2016 Fair Market Rents. · ← FY2015 · FY2017 →

$1,303
National median 2BR
$913–$2,560
Metro range
20
U.S. metros
+2.6%
vs FY2015 national median

Biggest 2BR rent increases vs FY2015

Metro State FY2015 FY2016 Change
Charlotte-Concord-Gastonia, NC-SC HUD Metro FMR Area NC $1,024 $1,051 +$27 (+2.6%)
Phoenix-Mesa-Scottsdale, AZ MSA AZ $1,219 $1,251 +$32 (+2.6%)
Kansas City, MO-KS HUD Metro FMR Area KS $953 $978 +$25 (+2.6%)
Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area MA $1,957 $2,008 +$51 (+2.6%)
Austin-Round Rock, TX MSA TX $1,383 $1,419 +$36 (+2.6%)
New Orleans-Metairie, LA HUD Metro FMR Area LA $890 $913 +$23 (+2.6%)
New York-Newark-Edison, NY-NJ-PA HUD Metro FMR Area NY $1,897 $1,946 +$49 (+2.6%)
Seattle-Tacoma-Bellevue, WA HUD Metro FMR Area WA $1,665 $1,708 +$43 (+2.6%)
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD MSA DE $1,123 $1,152 +$29 (+2.6%)
Miami-Fort Lauderdale-Pompano Beach, FL HUD Metro FMR Area FL $1,668 $1,711 +$43 (+2.6%)

Top 10 most expensive metros (FY2016 2BR)

Top 10 most affordable metros (FY2016 2BR)