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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 | Studio | One-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