Fair Market Rent Research

[William Henze]

I have heard of a few apps and websites for determining average rents in specific area, but has anyone used the official HUD website to look up what they classify as Fair Market Rent (FMR)? I looked it up for my specific area codes I'm looking to invest in and its actually higher than what I had thought it would be. I'm wondering if it is a good chart to base my calculations off of.

[Joe Hines]

I agree with @Josiah Kay.  Go to a website like Realtor.com or Zillow, use the map functions to zoom in the area around your property, see what the rents are and fine toon base on specifics, such as size, finishes, specific locations, utilities, etc.