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FY 2022 Fair Market Rent Documentation System

Final FY 2022 FMRs By Unit Bedrooms
Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom
$730 $869 $1,099 $1,561 $1,803

Curry County, OR is a non-metropolitan county.

The FY 2022 Fair Market Rents for Curry County, OR are based on the results of a local rent survey conducted in November, 2018.

The locally conducted survey is more current than the available ACS data. Therefore HUD calculates the locally based survey 2-bedroom FMR using the following steps:

  1. The local survey is adjusted to 2018 dollars by multiplying the survey rent value for 2018 by the annual CPI-U value for 2018 divided by the CPI-U value for November, 2018. This calculation is:

    $969 * (251.102/252.822) =

    $962

  2. The annually adjusted survey value of $962 is augmented by the growth in gross rents from the West Census region measured between 2018 and 2020, using annual inflation factors for each year. This calculation is:

    $962 * 1.0345 * 1.0491   =

    $1,045

  3. The CPI adjusted survey value of $1,045 is trended forward to the mid-point of FY2022 using the West Census region trend factor of 1.0517. This calculation is:

    $1,045 * 1.0517   =

    $1,099

Permanent link to this page: http://www.huduser.gov/portal/datasets/fmr/fmrs/FY2022_code/2022summary.odn?&year=2022&fmrtype=Final&selection_type=county&fips=4101599999

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