You are able to set the price you like for your unit, as long as it adheres to Fair Market Rent. Every year, HUD adjusts the Fair Market Rent (FMR) to reflect the current average rental unit pricing. This provides a guide for both Housing Authorities (like HHA) and their participating landlords to charge their tenants fairly and proportionately.
2024 Fair Market Rents
| Unit | Price |
|---|---|
| Efficiency Unit | $876 |
| One Bedroom Unit | $1,021 |
| Two Bedroom Unit | $1,273 |
| Three Bedroom Unit | $1,634 |
| Four Bedroom Unit | $1,695 |
| Five Bedroom Unit | $1,949 |
| Six Bedroom Unit | $2,204 |