22 Aug 2025

🏠Fair Market Rents for FY 2026

Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program, and Other Programs Fiscal Year 2026

Summary

Section 8(c)(1) of the United States Housing Act of 1937 (USHA), as amended by the Housing Opportunity Through Modernization Act of 2016 (HOTMA), requires the Secretary to publish FMRs not less than annually, adjusted to be effective on October 1 of each year. This notice describes the methods used to calculate the FY 2026 FMRs and lists the procedures for Public Housing Agencies (PHAs) to request reevaluations of their FMRs as required by HOTMA.

Agencies

  • Housing and Urban Development Department

Business Impact ?

$$$ - High

The HUD notice outlines the Fair Market Rents (FMRs) for fiscal year 2026, impacting Public Housing Agencies (PHAs) and businesses involved in affordable housing. FMRs influence subsidy calculations under the Housing Choice Voucher Program, affecting rental rates and economic conditions in specific areas. Reevaluation processes for FMRs present opportunities for businesses to influence rent standards directly.

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