FMR

Definition : Fair Market Rent
Category : Business » Business Terms
Country/Region : United States United States
Popularity :
Type :
Initialism

What does FMR mean?

Fair Market Rent (FMR) is the rent that would be required to be paid in the particular housing market area in order to obtain privately owned, decent, safe and sanitary rental housing of modest nature with suitable amenities. It is the monthly rent a particular property type is likely to receive.

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