2024-18002. Fair Market Rents for the Housing Choice Voucher Program, Moderate Rehabilitation Single Room Occupancy Program, and Other Programs; Fiscal Year 2025

Type of area	FY 2025 “floor” for small area FMRs	FY 2026 “floor” for small area FMRs
Areas where the use of Small Area FMRs was mandatory prior to FY 2025, or have optionally used Small Area FMRs before FY 2025	90 percent of FY 2024 Small Area FMRs	90 percent of FY 2025 Small Area FMRs.
Areas where the use of Small Area FMRs is mandatory as of FY 2025 or optionally begin to use Small Area FMRs in FY 2025	Higher of 90 percent of FY 2024 Small Area FMRs and 90 percent of FY 2024 Metropolitan FMRs	90 percent of FY 2025 Small Area FMRs.
All other areas	Higher of 90 percent of FY 2024 Small Area FMRs and 90 percent of FY 2024 Metropolitan FMRs	Higher of 90 percent of FY 2025 Small Area FMRs and 90 percent of FY 2025 Metropolitan FMRs.