Fair Market Rents

HUD Fair Market Rents in Broward County, by ZIP code, from 2018 to 2022, showing annual set rent amounts for Housing Choice Voucher program. Fair Market Rents (FMRs) are used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), rent ceilings for rental units in both the HOME Investment Partnerships program and the Emergency Solution Grants program, calculation of maximum award amounts for Continuum of Care recipients and the maximum amount of rent a recipient may pay for property leased with Continuum of Care funds, and calculation of flat rents in Public Housing units. SOURCE: Fair Market Rents (40th Percentile Rents), Office of Policy Development and Research (PD&R), US Department of Housing and Urban Development (HUD) LAST UPDATED: September 16, 2022 LIFE CYCLE: As HUD continues to publish publicly available data, or information is no longer applicable to the mission of Broward Housing Council or their Work Program no longer dictates UPDATE CYCLE: Reviewed and updated annually as rent data is made available, or as otherwise needed