FY2026 Fair Market Rents — Madison County, FL
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$873
1BR
$969
2BR
$1,086
3BR
$1,400
4BR
$1,543
Hours/week at min wage
60 hrs
to afford the 2BR FMR @ $14.00/hr (FL)
YoY change (2BR)
+16.4%
+$153 vs FY2025 · 5-yr +48%
Voucher payment standard
$977–$1,195
PHAs set HCV payment at 90–110% of the 2BR FMR
Madison 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) | $873 | $10,476 |
| 1-Bedroom | $969 | $11,628 |
| 2-Bedroom | $1,086 | $13,032 |
| 3-Bedroom | $1,400 | $16,800 |
| 4-Bedroom | $1,543 | $18,516 |
Recent 2-Bedroom FMR Trend
FY2020 $714 → FY2026 $1,086
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $873 | $969 | $1,086 | $1,400 | $1,543 |
| FY2025 | $731 | $811 | $933 | $1,152 | $1,336 |
| FY2024 | $736 | $778 | $905 | $1,156 | $1,481 |
| FY2023 | $677 | $731 | $826 | $1,094 | $1,407 |
| FY2022 | $653 | $664 | $757 | $1,041 | $1,296 |
| FY2021 | $629 | $641 | $734 | $966 | $1,271 |
| FY2020 | $498 | $627 | $714 | $940 | $1,254 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $65,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $16,450 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $27,400 | $31,350 | $35,250 | $39,150 | $42,250 | $45,400 |
| 80% AMI (Low) | $43,850 | $50,100 | $56,350 | $62,600 | $67,650 | $72,650 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,032/yr
FMR as % of Area Median Income
19.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,440/yr
$3,620/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 | $574 | $656 | $738 | $885 | $951 |
| 60% AMI Maximum | $688 | $787 | $885 | $1,062 | $1,141 |
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 | $873 | $969 | $1,066 | $1,066 | $1,066 |
| Low HOME Rent | $685 | $783 | $881 | $978 | $1,056 |
Compare Madison County, FL With Other FL Metros
vs. Baker County, FL HUD Metro FMR Area
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vs. Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area
vs. Fort Lauderdale, FL HUD Metro FMR Area