FY 2025 Fair Market Rent Documentation System

The FY 2025 Hawaii County, HI FMRs for All Bedroom Sizes

FINAL FY 2025 FMRs By Unit Bedrooms
Year	Efficiency	One-Bedroom	Two-Bedroom	Three-Bedroom	Four-Bedroom
FY 2025 FMR	$1,575	$1,612	$2,075	$2,703	$3,023
FY 2024 FMR	$1,458	$1,548	$2,010	$2,588	$2,855

Hawaii County, HI is a non-metropolitan county.

The FY 2025 Fair Market Rents for Hawaii County, HI are based on the results of a local rent survey conducted in December 2022.

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:

The local survey is adjusted to annual 2022 dollars by multiplying the survey rent value for 2022 by the annual CPI-based Gross Rent value for 2022 divided by the CPI-based Gross Rent value for December 2022. This calculation is:
$1,876 * (204.337/212.193) =

$1,807
The annually adjusted survey value of $1,807 is augmented by the growth in gross rents from the West Census region measured between 2022 and 2023. This calculation is:
$1,807 * 1.0511 =

$1,899
The CPI adjusted survey value of $1,899 is trended forward to the mid-point of FY2025 using the West Census region trend factor of 1.0930. This calculation is:
$1,899 * 1.0930 =

$2,075

Permanent link to this page: http://www.huduser.gov/portal/datasets/fmr/fmrs/FY2025_code/2025summary.odn?&year=2025&fmrtype=FINAL&selection_type=county&fips=1500199999

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Prepared by the Program Parameters and Research Division, HUD. Technical Problems or questions? Contact Us.