Thursday, September 3, 2015

HUD FY 2016 Proposed FMR's are Out: 7.4% Jump for 2 BR Portland Metro Raises FMR Above $1,000 for First Time.

HUD's page for FMR's is HERE.  

I created an Excel file HERE and below that displays Oregon 2 BR Fair Market rents for FY 2014 to FY 2016. [Several other worksheets also].

The Portland metro 2 BR increase is $70 from $944 to $1,014 per month, or 7.4%. From FY 2006 to FY 2016 Portland metro FMR's increased by 40.2% from $723 in FY 2006 to $1,014.

Lane County got the same $70 a month bump, but their increase was $8.2%. Josephine got a $93/12% a month increase in their 2 BR FMR.

Douglas county saw the biggest decrease--$67/8.6%.

My prior posts about HUD FMR's can be found in the saved search HERE.

Originally created and posted on the Oregon Housing Blog. 

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