Fair Market Rent for a 2-Bedroom Home by ZIP Code
Data current as of October 2024 — recomputed by ZipCheckup from federal data each build.
Across the 38,642 ZIP codes for which HUD publishes a Small Area Fair Market Rent, the 2-bedroom rate has a national median of $1,170 a month and runs from $480 to $4,980, as of October 2024. 5,718 of those ZIP codes have a 2-bedroom rate above $2,000. A Small Area Fair Market Rent is the figure HUD uses to set Section 8 voucher payment standards, so it is a consistent federal proxy for housing cost by ZIP, not a survey of every listing.
As of October 2024, HUD's Small Area Fair Market Rent for a 2-bedroom home ranges from $480 to $4,980 a month across the 38,642 ZIP codes HUD publishes a rate for, with a national median of $1,170.
By state
We report two independent facts side by side and do not rank states. A larger count reflects the size of a state's inventory and its reporting activity, not a judgment about water safety.
| state | zip count | median 2br | max 2br |
|---|---|---|---|
| AK | 260 | $1,440 | $2,420 |
| AL | 736 | $1,005 | $1,900 |
| AR | 691 | $900 | $1,670 |
| AZ | 505 | $1,690 | $2,930 |
| CA | 2,402 | $2,510 | $4,980 |
| CO | 605 | $1,700 | $3,210 |
| CT | 378 | $1,725 | $3,920 |
| DC | 107 | $2,260 | $3,470 |
| DE | 78 | $1,635 | $2,280 |
| FL | 1,389 | $1,840 | $3,580 |
| GA | 900 | $1,170 | $2,750 |
| HI | 127 | $2,440 | $4,030 |
| IA | 1,003 | $940 | $1,540 |
| ID | 305 | $1,110 | $2,470 |
| IL | 1,504 | $1,030 | $2,640 |
| IN | 920 | $1,050 | $1,900 |
| KS | 734 | $925 | $2,020 |
| KY | 895 | $940 | $2,000 |
| LA | 668 | $1,050 | $2,220 |
| MA | 636 | $2,335 | $4,260 |
| MD | 554 | $1,910 | $3,470 |
| ME | 475 | $1,240 | $3,020 |
| MI | 1,086 | $1,110 | $2,160 |
| MN | 915 | $1,040 | $2,530 |
| MO | 1,115 | $900 | $2,020 |
| MS | 485 | $1,000 | $2,030 |
| MT | 391 | $1,270 | $2,410 |
| NC | 1,027 | $1,180 | $2,740 |
| ND | 403 | $950 | $1,650 |
| NE | 606 | $950 | $1,890 |
| NH | 273 | $1,650 | $2,940 |
| NJ | 687 | $2,070 | $3,450 |
| NM | 415 | $970 | $2,040 |
| NV | 240 | $1,650 | $2,630 |
| NY | 2,047 | $1,370 | $4,170 |
| OH | 1,324 | $1,010 | $2,330 |
| OK | 741 | $970 | $1,770 |
| OR | 469 | $1,440 | $2,610 |
| PA | 2,024 | $1,150 | $3,030 |
| PR | 89 | $610 | $980 |
| RI | 90 | $1,730 | $2,420 |
| SC | 508 | $1,130 | $2,730 |
| SD | 380 | $940 | $1,430 |
| TN | 732 | $1,140 | $2,740 |
| TX | 2,376 | $1,200 | $2,920 |
| UT | 329 | $1,220 | $2,540 |
| VA | 1,093 | $1,330 | $3,470 |
| VT | 296 | $1,335 | $2,270 |
| WA | 687 | $1,630 | $4,010 |
| WI | 842 | $1,050 | $1,970 |
| WV | 817 | $910 | $1,560 |
| WY | 191 | $1,010 | $1,630 |
Open data, licensed CC BY 4.0 · DOI: 10.5281/zenodo.19427201
How we compute this
We use HUD's Small Area Fair Market Rent workbook for fiscal year 2025, which lists a rent for zero- through four-bedroom units in each ZIP code. We take the 2-bedroom rate as the benchmark, the unit size HUD itself highlights. Across 38,642 ZIP codes the median is $1,170, the mean $1,402, and the range runs from $480 to $4,980; 5,718 ZIP codes are above $2,000 a month and 996 are above $3,000.
A Small Area Fair Market Rent is HUD's estimate of a modest, non-luxury unit's rent in a specific ZIP code, set near the 40th percentile of local rents and used to decide how much a Section 8 housing voucher will pay there. It is a payment-standard figure, not a record of actual leases, so individual listings can sit above or below it.
Figures are grouped by state and recompute on every build, covering 52 states and jurisdictions. Only ZIP codes for which HUD publishes a rate are included — a ZIP without a published Small Area Fair Market Rent is omitted, never treated as having zero rent.
Frequently asked questions
What is the Fair Market Rent for a 2-bedroom in my area?
Across the 38,642 ZIP codes HUD publishes a Small Area Fair Market Rent for, the national median 2-bedroom rate is $1,170 a month, ranging from $480 to $4,980, as of October 2024. HUD sets a rate for each covered ZIP code. The figure is what HUD uses to size Section 8 voucher payments, not a listing price. according to ZipCheckup's reading of federal data as of October 2024.
Is the Fair Market Rent the same as actual market rent?
Not exactly. A Small Area Fair Market Rent is HUD's payment-standard estimate for a modest unit in a ZIP code, set around the 40th percentile of local rents and used for housing vouchers. Actual asking rents for any given home can be higher or lower. ZipCheckup reports HUD's published rate, as of October 2024, for the 38,642 ZIP codes it covers.