Fair Rental Value Assessment

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.

ClergyTrak provides organizational tools and educational guidance — not legal, tax, financial, or accounting advice. The estimate is a self-adopted good-faith figure for your records, not an appraisal or a determination that any amount is IRS-approved.

FRV Evidence Vault

Documentation completeness

0% Getting started

Fill the profile below. Completeness helps you see what is still missing before you run or save an estimate — it is not a valuation score.

Property
Location
Features
Furnishings
Utilities
Results

Your home

Street address

City

State

ZIP

Bedrooms

Bathrooms

Square feet

Year built

Tax year

Months you lived here this year

One-story home

Location & neighborhood

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

Subdivision or neighborhood name

Neighborhood market tier

Home features & condition

Garage spaces

Pool Dedicated furnished home office (bedroom or similar) Updated / high-end kitchen Updated bathrooms Designer backyard, gazebo, or outdoor living Covered patio or outdoor room Specialty features (grand piano, game room, model-home quality, etc.) Anything else an appraiser should know (optional)

Furnishings

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

Furnishing level throughout the home

Utilities & run

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

Annual utilities (electric, gas, water, sewer, trash, internet)

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.

Lower band (default for filing) Middle band Upper band

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.

I confirm the property details are accurate to my knowledge, I understand this is my estimate (not ClergyTrak’s determination), and I will keep supporting records with my tax file.

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