What was the median U.S. 2-bedroom Fair Market Rent in FY2020?

The national median 2-bedroom FMR across 630 U.S. metros for FY2020 was $863 per month. The lowest was $409 and the highest was $3339.

Which metro saw the biggest 2BR FMR increase in FY2020?

Asheville, NC HUD Metro FMR Area (NC) had the biggest year-over-year 2-bedroom FMR increase in FY2020, rising from $993 to $1255 (+26.4%).

National summary of HUD's FY2020 Fair Market Rents. · ← FY2019 · FY2021 →

$863

National median 2BR

$409–$3,339

Metro range

630

U.S. metros

+1%

vs FY2019 national median

Metro	State	FY2019	FY2020	Change
Asheville, NC HUD Metro FMR Area	NC	$993	$1,255	+$262 (+26.4%)
Yuba City, CA MSA	CA	$878	$1,087	+$209 (+23.8%)
Grand Junction, CO MSA	CO	$842	$1,035	+$193 (+22.9%)
Mount Vernon-Anacortes, WA MSA	WA	$994	$1,208	+$214 (+21.5%)
Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area	MA	$1,902	$2,311	+$409 (+21.5%)
Yakima, WA MSA	WA	$837	$1,013	+$176 (+21%)
Santa Maria-Santa Barbara, CA MSA	CA	$1,951	$2,324	+$373 (+19.1%)
San Francisco, CA HUD Metro FMR Area	CA	$2,809	$3,339	+$530 (+18.9%)
Salinas, CA MSA	CA	$1,540	$1,810	+$270 (+17.5%)
Burlington-South Burlington, VT MSA	VT	$1,341	$1,573	+$232 (+17.3%)