Fair market rent
HUD-approved Section 8 payment standards by ZIP code, 1 bed to 4+ bed. FY 2026 data.
FY 2026
Recent
How to read these rates
HUD publishes one baseline per metro area. What a housing authority actually pays sits either side of it — underwrite to the floor, not the headline.
90–120%
Payment standard
The range a local authority may set against the published FMR. Budget at the bottom of it.
12mo
Guaranteed term
The housing-authority portion arrives monthly regardless of tenant circumstances, so vacancy risk is lower than open market.
1ZIP
Verify locally
Rates cover a whole metro. Check live listings in the exact ZIP before you commit to a number.