FY2026 Fair Market Rents — Mono County, CA

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,171
1BR
$1,528
2BR
$1,675
3BR
$2,330
4BR
$2,769
Hours/week at min wage
79 hrs
to afford the 2BR FMR @ $16.50/hr (CA)
YoY change (2BR)
+12.2%
+$182 vs FY2025 · 5-yr +26.3%
Voucher payment standard
$1,508–$1,843
PHAs set HCV payment at 90–110% of the 2BR FMR

Mono County, CA

Non-Metropolitan area · CA · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,171 $14,052
1-Bedroom $1,528 $18,336
2-Bedroom $1,675 $20,100
3-Bedroom $2,330 $27,960
4-Bedroom $2,769 $33,228

Recent 2-Bedroom FMR Trend

FY2020 $1,290 → FY2026 $1,675
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,171 $1,528 $1,675 $2,330 $2,769
FY2025 $1,036 $1,348 $1,493 $2,092 $2,476
FY2024 $1,000 $1,292 $1,450 $2,043 $2,380
FY2023 $1,061 $1,137 $1,386 $1,970 $2,238
FY2022 $1,009 $1,045 $1,319 $1,829 $2,096
FY2021 $875 $1,006 $1,326 $1,785 $2,104
FY2020 $872 $979 $1,290 $1,699 $2,058

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $120,400

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $23,600 $27,000 $30,350 $33,700 $38,680 $44,360
50% AMI (Very Low) $39,250 $44,900 $50,450 $56,150 $60,600 $65,100
80% AMI (Low) $62,900 $71,900 $80,900 $89,850 $97,050 $104,250

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$20,100/yr
FMR as % of Area Median Income
16.7% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$67,000/yr
$5,583/mo gross income

FY2026 LIHTC Maximum Rents

Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →

AMI Band Studio 1BR 2BR 3BR 4BR
50% AMI Maximum $1,053 $1,204 $1,354 $1,625 $1,745
60% AMI Maximum $1,264 $1,444 $1,625 $1,950 $2,094

FY2026 HOME Program Rent Limits

Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →

Limit Type Studio 1BR 2BR 3BR 4BR
High HOME Rent $1,171 $1,528 $1,675 $1,956 $1,956
Low HOME Rent $981 $1,122 $1,261 $1,403 $1,515

Compare Mono County, CA With Other CA Metros

vs. Bakersfield, CA MSA vs. Chico, CA MSA vs. El Centro, CA MSA vs. Fresno, CA MSA vs. Hanford-Corcoran, CA MSA

Counties in This FMR Area

Mono County

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