Wednesday, August 4, 2010

HUD Publishes Proposed FY 2011 Fair Market Rents; Portland Metro Increase Projected at 7.9%

Federal Register publication is HERE

HUD's Fair Market Rent web page is HERE; various kinds of downloads are available.   

To check method and comparison to last year for a single area use link HERE and then select area of interest; Portland metro documentation is HERE.

Consolidated OREGON Only Data, FY 2011 and FY 2010:
To see consolidated Oregon data take a look at 2 page PDF I prepared HERE

It shows Proposed FMR's for FY 2011, Final FMR's for FY 2010 and on the second page, $$ change and % change in rents for ALL Oregon counties.

Oregon Observations:
  • Portland Metro is big winner with 7.9% increase. (2 BR will now be $905).
  • Most other areas look like they get a 3% +increase.
  • Marion-Polk biggest loser with 1.6% decline. (2 BR will now be $664).
Originally created and posted on the Oregon Housing Blog.

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