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What Changed on October 1
FY2027 SAFMRs took effect October 1. In Cleveland the metro FMR barely moved while 62% of ZIP codes declined. What it means for Section 8 renewals.Every October 1, HUD’s fiscal year turns over, and with it the reference points that decide how a Section 8 property is measured against its market. This
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Two Years Behind. Two Directions.
HUD's FY 2027 SAFMRs rose 1.7% — the smallest in five years. Why the federal benchmark lags actual market rent, and what it means for Section 8 renewals.HUD published the FY 2027 Fair Market Rents and Small Area Fair Market Rents on September 1. They take effect October 1, and they are the reference
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The Factor Isn’t the Market
HUD's 2026 OCAF averaged 5.1% while national market rents were flat — and ranged from +5.8% to −5.2% by metro. Why the cost adjustment isn't a market measure.Each year, owners of project-based Section 8 housing receive an adjustment to their contract rents through HUD’s Operating Cost Adjustment Fac
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HUD Revises FY 2026 FMRs, Responds to Comments
HUD's revised FY 2026 Fair Market Rents take effect May 21 for Los Angeles, Napa, Asheville, and four other markets — plus what HUD said about the data lag.The NoticeOn April 21, 2026, HUD published a revision to the FY2026 Fair Market Rents on the Federal Register, with revised FMRs taking effect M
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What Changed on October 1
FY2027 SAFMRs took effect October 1. In Cleveland the metro FMR barely moved while 62% of ZIP codes declined. What it means for Section 8 renewals.Every October 1, HUD’s fiscal year turns over, and with it the reference points that decide how a Section 8 property is measured against its market. This
LATEST
Two Years Behind. Two Directions.
HUD's FY 2027 SAFMRs rose 1.7% — the smallest in five years. Why the federal benchmark lags actual market rent, and what it means for Section 8 renewals.HUD published the FY 2027 Fair Market Rents and Small Area Fair Market Rents on September 1. They take effect October 1, and they are the reference
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Four Markets. Four Different Stories.
What the FY2026 Small Area Fair Market Rent data reveals across Cleveland, Boston, Atlanta, and Los Angeles — and what it means for Section 8 owners and multifamily investors evaluating renewal strategy and asset positioning in each market.HUD published the FY2026 Small Area Fair Market Rents in the
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The Study Is Required. The Outcome Isn't.
What determines whether your Section 8 HUD Rent Comparability Study captures the full value the market supports — comparable selection, non-shelter services, and Ch. 9 expertise.A Rent Comparability Study is required at renewal. What it finds isn’t. Two appraisers working the same property and the s
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HUD FY 2026 SAFMR Lookup Tool
Search HUD's FY 2026 Small Area Fair Market Rents by city or ZIP code — essential for Section 8 RCS 150% market rent threshold planning and preliminary rent assessment.Tap the Graphic and Search Rents by City or Zip Code The Strategic ContextHUD’s Small Area Fair Market Rents (SAFMRs) represent one
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Navigating HUD Guidelines for Market Alignment
Navigating HUD guidelines can be complex, but our custom solutions for market alignment simplify the process. This article explores how our phased approach can help you efficiently align rents with the market.Section 8 Renewal Policy GuidebookHUD guidelines ensure that rents for affordable housing a
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Ensuring Financial Viability with HUD-Compliant RCS
HUD Rent Comparability Studies (RCS) play a crucial role in ensuring the financial viability and regulatory compliance of Section 8 developments. These studies provide accurate market rent data, which is essential for making informed decisions about rent adjustments and property management.Key Compo
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HUD-Compliant RCS: Importance for Section 8 Developments
HUD Rent Comparability Studies (RCS) are essential tools for property owners and managers, especially those involved in project-based Section 8 developments. These studies ensure that rents are set at fair market levels and that the properties maintain financial viability and regulatory compliance.W
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VIZ: HUD FY 2025 SAFMR - Sec. 8 RCS 150% Threshold
Investigate this page to search for rental rates by city or zip code and utilize them in the mandatory market rent threshold test for Rent Comparability Studies - these numbers will be effective for any Rent Comparability Study (RCS) signed by the owner’s appraiser on or after October 1, 2024. For m
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Search: HUD FY 2025 SAFMR - Sec. 8 RCS 150% Threshold
Tap the Graphic and Search Rents by City or Zip CodeSearch the recently published HUD FY 2025 Small Area Fair Market Rents (SAFMR) - these numbers will be effective for any Rent Comparability Study (RCS) signed by the owner’s appraiser on or after October 1, 2024. For more information on the market
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Search: HUD FY 2024 SAFMR - Sec. 8 RCS 150% Threshold
Tap the Graphic and Search Rents by City or Zip CodeSearch the recently published HUD FY 2024 Small Area Fair Market Rents (SAFMR) - these numbers will be effective for any Rent Comparability Study (RCS) signed by the owner’s appraiser on or after October 1, 2023. For more information on the market
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VIZ: HUD FY 2024 SAFMR - Sec. 8 RCS 150% Threshold
Investigate this page to search for rental rates by city or zip code and utilize them in the mandatory market rent threshold test for Rent Comparability Studies - these numbers will be effective for any Rent Comparability Study (RCS) signed by the owner’s appraiser on or after October 1, 2023. For m
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HUD's New 150% Market Rent Threshold Test
The U.S. Department of Housing and Urban Development (HUD) is mandated by Section 8 laws and procedures to procure and scrutinize Rent Comparability Studies (RCS) during the renewal of most Section 8 contracts. The market rents derived from these studies dictate the rents that owners can charge unde
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HUD Releases 2023 Rents for Sec. 8 RCS
HUD recently released the 2023 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies or RCS.Section 8 laws and procedures require the U. S. Department of Housing and Urban Development (HUD) to obtain and review Rent Comparability Studies (RCS)
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VIZ: 2023 HUD Median Rent by Zip Code
Tap the Graphic and Search Rents by City or Zip CodeSearch the recently published HUD median zip code rents and the 140% thresholds - these numbers will be effective for any Rent Comparability Study (RCS) signed by the owner’s appraiser on or after March 9, 2023. For more information on the market r
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VIZ: 2022 HUD Median Rent by Zip Code
Tap the Graphic and Search Rents by City or Zip CodeSearch the recently published HUD median zip code rents and the 140% thresholds - these numbers will be effective for any Rent Comparability Study (RCS) signed by the owner’s appraiser on or after March 17, 2022. For more information on the market
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HUD Releases 2022 Rents for Sec. 8 RCS
HUD recently released the 2022 median rents by zip code to be used in the mandatory market rent threshold test for Rent Comparability Studies or RCS.Section 8 laws and procedures require the U. S. Department of Housing and Urban Development (HUD) to obtain and review Rent Comparability Studies (RCS)
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VIZ: 2021 HUD Median Rent by Zip Code
Tap the Graphic and Search Rents by City or Zip CodeSearch the recently published HUD median zip code rents and the 140% thresholds - these numbers will be effective for any Rent Comparability Study (RCS) signed by the owner’s appraiser on or after February 11, 2021. For more information on the mark