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In 1988, playwright Billy Aronson wanted to create "a musical based on Puccini's La Bohme, in which the luscious splendor of Puccini's world would be replaced with the coarseness and noise of modern New York."[5] In 1989, Jonathan Larson, a 29-year-old composer, began collaborating with Aronson on this project, and the two composed together "Santa Fe", "Splatter" (later re-worked into the song "Rent"), and "I Should Tell You". Larson suggested setting the play "amid poverty, homelessness, spunky gay life, drag queens and punk" in the East Village neighborhood of Manhattan, which happened to be down the street from his Greenwich Village apartment. He also came up with the show's ultimate title (a decision that Aronson was unhappy with, at least until Larson pointed out that "rent" also means torn apart). In 1991, he asked Aronson if he could use Aronson's original concept and make Rent his own. Larson had ambitious expectations for Rent; his ultimate dream was to write a rock opera "to bring musical theater to the MTV generation".[6] Aronson and Larson made an agreement that if the show went to Broadway, Aronson would share in the proceeds and be given credit for "original concept & additional lyrics".[6]

Larson's inspiration for Rent's content came from several different sources. Many of the characters and plot elements are drawn directly from Giacomo Puccini's opera La Bohme, the world premiere of which was in 1896, a century before Rent's premiere.[9] La Bohme was also about the lives of poor young artists. Tuberculosis, the plague of Puccini's opera, is replaced by HIV/AIDS in Rent; 1800s Paris is replaced by New York's East Village in the late 1980s or early 1990s. The names and identities of Rent's characters also heavily reflect Puccini's original characters, though they are not all direct adaptations. For example, Joanne in Rent represents the character of Alcindoro in Bohme, but is also partially based on Marcello. Also, Joanne is the only Rent character whose predecessor in La Bohme is a different sex.

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At last, the missing Collins enters the apartment, presenting Angel, who is now in full drag; she amusingly shares the money she earned from killing an affluent couple's dog by loudly playing nonstop for an hour ("Today 4 U"). Mark comes home, and Benny arrives, speaking of Maureen's upcoming protest against his plans to evict the homeless from a lot where he is hoping to build a cyber arts studio. Benny offers that, if they can successfully convince Maureen to cancel the protest, then Mark and Roger can officially remain rent-free tenants. However, the two rebuff Benny's offer and he leaves ("You'll See"). Mark leaves the loft again to go help Maureen with the sound equipment for the protest, unexpectedly meeting Joanne at the stage. Initially hesitant with each other, the two eventually bond over their shared distrust of Maureen's "gaslighting" and promiscuous behavior ("Tango: Maureen"). Mark then joins Collins and Angel to film their HIV support group meeting ("Life Support"), while Mimi attempts to seduce Roger alone in his apartment ("Out Tonight"). Extremely upset by Mimi's intrusion, he demands that she leave him alone and resists any romantic feelings he may harbor for her ("Another Day"). After Mimi leaves, Roger reflects on his fear of dying an undignified death from AIDS, while the Life Support group echoes his thoughts ("Will I").

Some time later, both Mark and Roger simultaneously reach an artistic epiphany, as Roger finds his song in Mimi and Mark finds his film in Angel's memory; Roger decides to return to New York in time for Christmas, while Mark quits his job to devote his efforts to working on his own film ("What You Own"). The characters' parents, concerned and confused about their respective situations, leave several worried messages on their phones ("Voice Mail #5"). On Christmas Eve, exactly one year having passed, Mark prepares to screen his now-completed film to his friends. Roger has written his song, but apparently, Mimi is missing, and no one has seen her. Benny's wife, discovering Benny's past relationship with Mimi, has pulled him out of the East Village. The power suddenly blows and Collins enters with handfuls of cash, revealing that he reprogrammed an ATM at a grocery store to provide money to anybody with the code 'ANGEL'. Maureen and Joanne abruptly enter carrying Mimi, who had been homeless and is now weak and close to death. She begins to fade, telling Roger that she loves him ("Finale"). Roger tells her to hold on as he plays her the song he wrote for her, revealing the depth of his feelings for her ("Your Eyes"). Mimi appears to die, but abruptly awakens, claiming to have been heading into a white light before a vision of Angel appeared, telling her to go back and stay with Roger. The remaining friends gather together in a final moment of shared happiness and resolve to enjoy whatever time they have left with each other, affirming that there is "no day but today" ("Finale B").[21]

Rent has also been referenced in other musicals. Yitzhak in Hedwig and the Angry Inch wears a Rent T-shirt and speaks of his aspiration to play the role of Angel.[33] The off-Broadway musical revue Forbidden Broadway Strikes Back includes parodies of Rent songs such as "Rant" ("Rent"), "Ouch! They're Tight" ("Out Tonight"), "Season of Hype" ("Seasons of Love"), "Too Gay 4 U (Too Het'ro 4 Me)" ("Today 4 U"), "Pretty Voices Singing" ("Christmas Bells") and "This Ain't Boheme" ("La Vie Bohme").[34] Lin-Manuel Miranda, the composer and writer of the Broadway show Hamilton, has cited Rent as a main source of inspiration.[35] He also referenced the show in a verse of the song "Wrote My Way Out" on The Hamilton Mixtape in the line "Running out of time like I'm Jonathan Larson's rent check".

Rent closed on September 7, 2008, after a 12-year run and 5,123 performances,[45] making it the seventh-longest-running Broadway show at that time, and currently the eleventh-longest-running Broadway show.[46] The production grossed over $280 million.[4]

The show was revived off-Broadway at Stage 1 of New World Stages with previews starting July 14, 2011, and a scheduled opening of August 11, 2011. This was the first New York Revival of the show since the original production closed less than three years earlier. The production was directed by Rent's original director Michael Greif. Almost the entire show was different from the original, yet the reinvention did not please the critics, who complained that the new actors did not have a feel for the characters they were playing and that it made the show feel contrived.[62] The off-Broadway production of Rent closed on September 9, 2012.[63]

The 2005 film version (see below) also resulted in a double-disc cast recording of the complete score used in the movie.[71] The two-disc soundtrack, contained 28 tracks, and was originally packaged in eight different slipcovers, each featuring one of the eight most prominent characters in the film.

Fair Market Rents (FMRs) are used to determine payment standard amounts for the Housing Choice Voucher program, to determine initial renewal rents for some expiring project-based Section 8 contracts, to determine initial rents for housing assistance payment (HAP) contracts in the Moderate Rehabilitation Single Room Occupancy program (Mod Rehab), rent ceilings for rental units in both the HOME Investment Partnerships program and the Emergency Solution Grants program, calculation of maximum award amounts for Continuum of Care recipients and the maximum amount of rent a recipient may pay for property leased with Continuum of Care funds, and calculation of flat rents in Public Housing units. The U.S. Department of Housing and Urban Development (HUD) annually estimates FMRs for Office of Management and Budget (OMB) defined metropolitan areas, some HUD defined subdivisions of OMB metropolitan areas and each nonmetropolitan county. 42 USC 1437f requires FMRs be posted at least 30 days before they are effective and that they are effective at the start of the federal fiscal year (generally October 1). Fair Market Rents, as defined in 24 CFR 888.113 are estimates of 40th percentile gross rents for standard quality units within a metropolitan area or nonmetropolitan county.

Fair Market Rents: Overview (*.pptx, 1.66MB), (*.pdf, 706KB)

NOTE: HUD no longer performs surveys of local housing markets, but may accept telephone or mail surveys of local housing markets to obtain current rental housing information conducted on behalf of housing authorities in support of annual Fair Market Rent calculations. The information listed below provides information on the type of data that is collected and the instruments that may be used.

The Department of the Treasury's Emergency Rental Assistance Program allows grantees to make payments to households up to the maximum of the applicable Fair Market Rent or Small Area Fair Market Rent in cases where the household does not have documentation of actual rent paid. The following table shows the maximum of the Fair Market Rent or Small Area Fair Market Rent by bedroom size. For more information about the Emergency Rental Assistance Program, please visit -issues/cares/emergency-rental-assistance-program. 006ab0faaa