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 |
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