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
$657 $807 $982 $1,349 $1,673

Iron County, UT is a non-metropolitan county.

The FY 2023 Fair Market Rents for Iron County, UT are based on the results of a local rent survey conducted in November, 2021.

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 2021 dollars by multiplying the survey rent value for 2021 by the annual CPI-based Gross Rent value for 2021 divided by the CPI-based Gross Rent value for November, 2021. This calculation is:

    $917 * (191.667/196.099) =

    $897

  2. The CPI adjusted survey value of $897 is trended forward to the mid-point of FY2023 using the West Census region trend factor of 1.0951. This calculation is:

    $897 * 1.0951   =

    $982

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=4902199999

Select a different area