Fair Rental Value Assessment

Real-market Fair Rental Value for your housing allowance records.

This tool documents what an unrelated person would reasonably pay to rent a home like yours — including furnishings and appurtenances — per IRS clergy housing allowance guidance. Utilities are tracked separately for the three-number housing allowance test. Read the methodology.

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  1. Property
  2. Location
  3. Features
  4. Furnishings
  5. Utilities
  6. Results

Your home

Location & neighborhood

Two similar homes can rent for very different amounts based on subdivision, school district, and neighborhood quality — not just city averages.

Home features & condition

Furnishings

The IRS includes furnishings in Fair Rental Value. A fully furnished executive home rents for more than the same home unfurnished.

Utilities & run

Utilities are part of your total housing value for allowance purposes but are shown separately here — not buried inside rent.

Ready to compute. We pull local long-term rental comparables from market data providers and apply your disclosed property profile adjustments to estimate Fair Rental Value.

Selected annual Fair Rental Value estimate

Band to save

Default is the lower band — the more cautious filing choice. Choose another band only if your comps and property profile support it.

Important: This is a self-adopted good-faith estimate for your records — not a licensed appraisal, not tax advice, and not a guarantee of IRS acceptance. ClergyTrak organizes market rent data and your disclosed assumptions. Review with a clergy-savvy CPA before filing.