FMR Documentation

 

Final FY 2009 Fair Market Rent Documentation System

This system shows the calculation of the final FY 2009 Fair Market Rents (FMRs) for any area of the country. After selecting the geography, either the metropolitan area or the state then the county, a page with the final FY 2009 FMRs for that selected area is shown. This page depicts the development of these FMRs. The selected area is defined in terms of the counties in the metropolitan area (or towns and places for New England metropolitan areas) and differences from the metropolitan Core-Based Statistical Areas (CBSAs) as established by the Office of Management and Budget, are discussed. The step-by-step calculation of the FY 2009 FMRs is shown and includes the 2000 Census benchmark rent, rent data from Final FY 2008 FMRs, updates using the newly available 2006 American Community Survey (ACS) data, and updates using local Random Digit Dialing (RDD) survey data, where available. Links are provided from this summary page to provide greater details on the development of the final FY 2009 FMRs.