Fair Market Rents

Fair Market Rents are calculated by HUD each year based on actual market rents in Teton County. They use the American Communities Survey conducted by the U.S. Census every 3 to 5 years so the Fair Market Rents lag somewhat to current data. When insufficient data exists, HUD uses data from the closest metropolitan area.

Fair Market Rents by Unit Bedrooms

Year
StudioOne-bedroom
Two-bedroom
Three-bedroom
Four-bedroom
2023$1,174$1,181$1,490$2,099$2,538
2022$1,151$1,158$1,408$1,988$2,410
2021$1,078$1,162$1,325$1,896$2,294
2020$942$1,108$1,261$1,791$2,214
2019$874
$1,056$1,209$1,699$2,124


The above fair market rents are with utilities (water/sewer, electricity, gas and trash removal) included.
Dorm rooms are 75% of Studio