The Below Market Rate (BMR) interest list is now open through January 31, 2020. Please click HERE to download the Interest List form and submit the form to the Leasing Office via email, fax or in person by January 31, 2020.
When the program is in operation, the Stanford affiliate must occupy the apartment as his/her principal place of residence in order to qualify for the BMR Rate. Resident must be employed at least 30 hours per week (75% FTE) at or above the minimum wage during the entire lease term. Lease term cannot exceed duration of Qualifying Employment.
Below Market Rent (BMR), subject to household income.
1b. Public Safety Officers
1c. Other staff
2a. SHC employees
2b. Visiting Fellows
2c. Employed on Stanford Lands
Below Market Rate Qualifications and Occupancy Requirements:
|Household Size||Annual Household Income at Move-in Must Be Below|
|1 Bedroom||1 Person||3 People|
|2 Bedroom||2 Person||5 People|
|3 Bedroom||3 Person||7 People|
These rates may be increased in accordance with BMR regulations.
• 1 Bedroom $1,034
• 2 Bedroom $1,274
• 3 Bedroom $1,748
Visit our FAQ page for more information.