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Trend Factor Calculation for Sibley County, MN HUD Metro FMR Area

Sibley County, MN HUD Metro FMR Area is part of the Minneapolis-St. Paul-Bloomington, MN-WI MSA CPI Area.

The forecasts of the gross rent index and calculation of the resulting trend factor for the Minneapolis-St. Paul-Bloomington, MN-WI MSA are shown below.
The Rent of Primary residence model is a Local Input Model. The Utility model is a Local Input Model.

CY2019 Actual Gross Rent Index FY2021 Forecasted Gross Rent Index Calculated Trend Factor
276.9767 299.6732 299.6732 / 276.9767 =
1.0819