FY2026 Fair Market Rents — Albany, GA MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$966
1BR
$1,006
2BR
$1,129
3BR
$1,534
4BR
$1,858
Hours/week at min wage
120 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#432
of 661 U.S. metros (top 66% most expensive)
YoY change (2BR)
+4.5%
+$49 vs FY2025 · 5-yr +48.4%
Voucher payment standard
$1,016–$1,242
PHAs set HCV payment at 90–110% of the 2BR FMR
Albany, GA MSA
Metropolitan area · GA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $966 | $11,592 |
| 1-Bedroom | $1,006 | $12,072 |
| 2-Bedroom | $1,129 | $13,548 |
| 3-Bedroom | $1,534 | $18,408 |
| 4-Bedroom | $1,858 | $22,296 |
Recent 2-Bedroom FMR Trend
FY2020 $740 → FY2026 $1,129
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $966 | $1,006 | $1,129 | $1,534 | $1,858 |
| FY2025 | $926 | $952 | $1,080 | $1,461 | $1,756 |
| FY2024 | $854 | $860 | $997 | $1,328 | $1,620 |
| FY2023 | $735 | $748 | $880 | $1,153 | $1,402 |
| FY2022 | $666 | $690 | $810 | $1,050 | $1,273 |
| FY2021 | $624 | $645 | $761 | $985 | $1,136 |
| FY2020 | $601 | $623 | $740 | $965 | $1,077 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $71,200
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $16,200 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $26,950 | $30,800 | $34,650 | $38,500 | $41,600 | $44,700 |
| 80% AMI (Low) | $43,150 | $49,300 | $55,450 | $61,600 | $66,550 | $71,500 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,548/yr
FMR as % of Area Median Income
19% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$45,160/yr
$3,763/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 | $623 | $712 | $801 | $961 | $1,032 |
| 60% AMI Maximum | $747 | $854 | $961 | $1,153 | $1,238 |
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 | $966 | $1,006 | $1,129 | $1,157 | $1,157 |
| Low HOME Rent | $673 | $770 | $866 | $962 | $1,040 |
Compare Albany, GA MSA With Other GA Metros
vs. Athens-Clarke County, GA MSA
vs. Atlanta-Sandy Springs-Roswell, GA HUD Metro FMR Area
vs. Augusta-Richmond County, GA-SC HUD Metro FMR Area
vs. Brunswick, GA MSA
vs. Butts County, GA HUD Metro FMR Area