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Concept information

Preferred term

fair market rent  

Definition(s)

  • Fair market rent (also known as FMR) is an estimate of monthly contractual gross rent and a utility allowance necessary to lease a habitable and modest apartment unit. FMR is set by the U.S. Department of Housing and Urban Development (HUD) for a specific county or metropolitan statistical area. [Source: The Encyclopedia of Housing; Fair Market Rent]

Broader concept(s)

Belongs to group

URI

http://data.loterre.fr/ark:/67375/N9J-M803NRLJ-Z

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