HUD User Logo

FY 2023 Fair Market Rent Documentation System

Final FY 2023 FMRs By Unit Bedrooms
Efficiency One-Bedroom Two-Bedroom Three-Bedroom Four-Bedroom
$791 $942 $1,181 $1,678 $1,932

Curry County, OR is a non-metropolitan county.

The FY 2023 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-based Gross Rent value for 2018 divided by the CPI-based Gross Rent value for November, 2018. This calculation is:

    $969 * (251.099/252.822) =

    $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 2021, using annual inflation factors for each year. This calculation is:

    $962 * 1.0329 * 1.0345 * 1.0491   =

    $1,079

  3. The CPI adjusted survey value of $1,079 is trended forward to the mid-point of FY2023 using the West Census region trend factor of 1.0951. This calculation is:

    $1,079 * 1.0951   =

    $1,181

Permanent link to this page: http://www.huduser.gov/portal/datasets/fmr/fmrs/FY2023_code/2023summary.odn?&year=2023&fmrtype=Final&selection_type=county&fips=4101599999

Select a different area