FY2026 Fair Market Rents — Monroe County, FL
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,726
1BR
$2,211
2BR
$2,504
3BR
$3,303
4BR
$3,315
Hours/week at min wage
138 hrs
to afford the 2BR FMR @ $14.00/hr (FL)
YoY change (2BR)
+10.1%
+$230 vs FY2025 · 5-yr +43.6%
Voucher payment standard
$2,254–$2,754
PHAs set HCV payment at 90–110% of the 2BR FMR
Monroe 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) | $1,726 | $20,712 |
| 1-Bedroom | $2,211 | $26,532 |
| 2-Bedroom | $2,504 | $30,048 |
| 3-Bedroom | $3,303 | $39,636 |
| 4-Bedroom | $3,315 | $39,780 |
Recent 2-Bedroom FMR Trend
FY2020 $1,728 → FY2026 $2,504
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,726 | $2,211 | $2,504 | $3,303 | $3,315 |
| FY2025 | $1,565 | $1,903 | $2,274 | $3,026 | $3,344 |
| FY2024 | $1,556 | $1,730 | $2,139 | $2,812 | $3,426 |
| FY2023 | $1,497 | $1,597 | $2,023 | $2,569 | $3,433 |
| FY2022 | $1,333 | $1,370 | $1,759 | $2,261 | $2,993 |
| FY2021 | $1,301 | $1,344 | $1,744 | $2,257 | $2,996 |
| FY2020 | $1,195 | $1,327 | $1,728 | $2,287 | $2,903 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $129,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $30,100 | $34,400 | $38,700 | $43,000 | $46,450 | $49,900 |
| 50% AMI (Very Low) | $50,200 | $57,300 | $64,500 | $71,650 | $77,350 | $83,100 |
| 80% AMI (Low) | $80,300 | $91,700 | $103,200 | $114,650 | $123,850 | $133,000 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$30,048/yr
FMR as % of Area Median Income
23.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$100,160/yr
$8,347/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 | $1,134 | $1,296 | $1,458 | $1,749 | $1,879 |
| 60% AMI Maximum | $1,360 | $1,555 | $1,749 | $2,099 | $2,255 |
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 | $1,726 | $2,106 | $2,106 | $2,106 | $2,106 |
| Low HOME Rent | $1,255 | $1,432 | $1,612 | $1,791 | $1,933 |
Compare Monroe 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