FMR for one- and two-bedroom units in the U.S. 2020-2024

Published by Statista Research Department, Aug 23, 2024

In 2024, the average Fair Market Rent for a two-bedroom rental home in the United States was 1,670 U.S. dollars per month while that of a one-bedroom rental home was 1,390 U.S. dollars per month. This rent level was unaffordable for the average household with one full-time worker earning the federal minimum wage in that year.

Fair Market Rent for one- and two-bedroom rental units in the United States from 2020 to 2024 (in U.S. dollars)

Loading statistic...

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

June 2024

Region

United States

Survey time period

2020 to 2024

Supplementary notes

FMR = Fair Market Rent.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Register now
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Rental market in the United States "

The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Rental market in the United States

Overview

8

Rental housing stock and supply

6

Renter profile

5

Rental costs

7

Rental costs in the largest cities

5

Rental affordability and homeownership plans

7

Further related statistics

10

Further Content: You might find this interesting as well

Statistics

Topics

Residential real estate in New YorkHousing market in the U.S.Rental market in the U.S.Residential construction in the U.S.
All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Register now
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interests

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

Professional Account

For teams of up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.