HUD FY2025 Fair Market Rent Release
National summary of HUD's FY2025 Fair Market Rents. · ← FY2024 · FY2026 →
$1,192
National median 2BR
$489–$4,223
Metro range
639
U.S. metros
+6%
vs FY2024 national median
Biggest 2BR rent increases vs FY2024
| Metro | State | FY2024 | FY2025 | Change |
|---|---|---|---|---|
| Martin County, TX HUD Metro FMR Area | TX | $905 | $1,868 | +$963 (+106.4%) |
| Missoula, MT MSA | MT | $1,203 | $1,604 | +$401 (+33.3%) |
| Boise City, ID HUD Metro FMR Area | ID | $1,388 | $1,838 | +$450 (+32.4%) |
| Butte County, ID HUD Metro FMR Area | ID | $996 | $1,311 | +$315 (+31.6%) |
| Great Falls, MT MSA | MT | $979 | $1,244 | +$265 (+27.1%) |
| Knoxville, TN HUD Metro FMR Area | TN | $1,221 | $1,548 | +$327 (+26.8%) |
| Pensacola-Ferry Pass-Brent, FL MSA | FL | $1,278 | $1,605 | +$327 (+25.6%) |
| Camden County, NC HUD Metro FMR Area | NC | $913 | $1,129 | +$216 (+23.7%) |
| Gem County, ID HUD Metro FMR Area | ID | $1,070 | $1,322 | +$252 (+23.6%) |
| Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area | FL | $1,413 | $1,718 | +$305 (+21.6%) |
Top 10 most expensive metros (FY2025 2BR)
- Santa Cruz-Watsonville, CA MSA, CA$4,223
- San Jose-Sunnyvale-Santa Clara, CA HUD Metro FMR Area, CA$3,446
- San Francisco, CA HUD Metro FMR Area, CA$3,318
- Santa Maria-Santa Barbara, CA MSA, CA$3,028
- Salinas, CA MSA, CA$2,982
- Santa Ana-Anaheim-Irvine, CA HUD Metro FMR Area, CA$2,903
- San Diego-Carlsbad, CA MSA, CA$2,881
- Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area, MA$2,837
- Napa, CA MSA, CA$2,792
- New York, NY HUD Metro FMR Area, NY$2,780
Top 10 most affordable metros (FY2025 2BR)
- Guayama, PR MSA, PR$489
- Barranquitas-Aibonito, PR HUD Metro FMR Area, PR$493
- Yauco, PR MSA, PR$498
- Arecibo, PR MSA, PR$531
- San Germán, PR MSA, PR$539
- Aguadilla-Isabela, PR HUD Metro FMR Area, PR$560
- Mayagüez, PR MSA, PR$573
- Caguas, PR HUD Metro FMR Area, PR$577
- Ponce, PR HUD Metro FMR Area, PR$589
- Fajardo, PR HUD Metro FMR Area, PR$589