This sytem provides complete documentation of the development of the 2005 Fair Market Rents (FMRs) for Los Angeles--Long Beach, CA PMSA. This page provides a summary of how the 2005 FMRs were developed and updated starting with the 2000 Census benchmark and including any subsequent rebenchmarking using local Random Digit Dialing (RDD) or American Housing Survey (AHS) data. Click on links in the tables below to see more detail on how the data were developed.
The 2001 through 2004 rents shown are interim rents designed to show how new data are incorporated into the FMR system to update FMRs from the 2000 Census benchmark. They differ from published final FMRs because they are what the rents would have been if calculated using the best data available in 2004, including 2000 Census benchmark rents and survey data for the indicated year.
| 2005 FMR Development Summary for Los Angeles--Long Beach, CA PMSA | ||||
|---|---|---|---|---|
| Data Year | Update Method | Rent | Change from Previous Rent |
Data Source |
| Census 2000 Base Rent | - | $803 | - | - |
| 2001 | Local CPI Update | $835 | 4.0% | Los Ang. CA CPI |
| 2002 | Local CPI Update | $888 | 6.3% | Los Ang. CA CPI |
| 2003 |
Local CPI Update
(Area RDD survey performed but not used.) |
$938 | 5.6% |
Los Ang. CA CPI
(Area RDD survey performed but not used.) |
| 2004 | Local CPI Update | $982 | 4.7% | Los Ang. CA CPI |
| FY 2005 Final | Local RDD Rebenchmark | $1,124 | 14.5% | Los Angeles--Long Beach, CA PMSA Metro RDD |
| FY 2005 Revised Final | No Change | $1,124 | 0.0% | No Change |
The following table shows the 2005 FMRs by unit bedrooms. The 2000 Census Base Rents for units with different numbers of bedrooms are computed from Census data subject to constraints related to the Two-Bedroom 2000 Census Base Rent and other factors. The 2000 Census base bedroom rents are then updated using the 2-Bedroom FMR update factors displayed above. Click on the links in the table to see how the bedroom rents were derived.
| FY 2005 FMRs By Unit Bedrooms | |||||
|---|---|---|---|---|---|
| Efficiencies | One-Bedroom | Two-Bedroom | Three-Bedroom | Four-Bedroom | |
| FY 2005 FMR | $746 | $900 | $1,124 | $1,510 | $1,816 |
| FY 2005 Revised FMR | $746 | $900 | $1,124 | $1,510 | $1,816 |
or
| HUD Home Page | HUD User Home | Data Sets | Fair Market Rents | Income Limits |
Problems or questions? Contact Peter_B._Kahn@hud.gov.