FY2026 Fair Market Rents — Franklin County, FL
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,033
1BR
$1,058
2BR
$1,186
3BR
$1,564
4BR
$1,570
Hours/week at min wage
66 hrs
to afford the 2BR FMR @ $14.00/hr (FL)
YoY change (2BR)
+16.4%
+$167 vs FY2025 · 5-yr +57.5%
Voucher payment standard
$1,067–$1,305
PHAs set HCV payment at 90–110% of the 2BR FMR
Franklin County, FL
Non-Metropolitan area · FL · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,033 | $12,396 |
| 1-Bedroom | $1,058 | $12,696 |
| 2-Bedroom | $1,186 | $14,232 |
| 3-Bedroom | $1,564 | $18,768 |
| 4-Bedroom | $1,570 | $18,840 |
Recent 2-Bedroom FMR Trend
FY2020 $786 → FY2026 $1,186
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,033 | $1,058 | $1,186 | $1,564 | $1,570 |
| FY2025 | $880 | $885 | $1,019 | $1,356 | $1,362 |
| FY2024 | $792 | $814 | $914 | $1,273 | $1,277 |
| FY2023 | $719 | $735 | $830 | $1,180 | $1,414 |
| FY2022 | $653 | $664 | $757 | $1,075 | $1,296 |
| FY2021 | $645 | $661 | $753 | $1,078 | $1,304 |
| FY2020 | $635 | $691 | $786 | $1,134 | $1,380 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $82,300
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $17,300 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $28,850 | $32,950 | $37,050 | $41,150 | $44,450 | $47,750 |
| 80% AMI (Low) | $46,100 | $52,700 | $59,300 | $65,850 | $71,150 | $76,400 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,232/yr
FMR as % of Area Median Income
17.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$47,440/yr
$3,953/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 | $720 | $823 | $925 | $1,111 | $1,193 |
| 60% AMI Maximum | $864 | $987 | $1,111 | $1,333 | $1,432 |
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 | $1,033 | $1,058 | $1,186 | $1,337 | $1,337 |
| Low HOME Rent | $721 | $823 | $926 | $1,028 | $1,111 |
Compare Franklin County, FL With Other FL Metros
vs. Baker County, FL HUD Metro FMR Area
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vs. Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area
vs. Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area
vs. Fort Lauderdale, FL HUD Metro FMR Area