FY2026 Fair Market Rents — West Palm Beach-Boca Raton, FL HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,788
1BR
$1,901
2BR
$2,254
3BR
$2,920
4BR
$3,388
Hours/week at min wage
124 hrs
to afford the 2BR FMR @ $14.00/hr (FL)
YoY change (2BR)
+3.1%
+$67 vs FY2025 · 5-yr +53.5%
Voucher payment standard
$2,029–$2,479
PHAs set HCV payment at 90–110% of the 2BR FMR

West Palm Beach-Boca Raton, FL HUD Metro FMR Area

Non-Metropolitan area · FL · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,788 $21,456
1-Bedroom $1,901 $22,812
2-Bedroom $2,254 $27,048
3-Bedroom $2,920 $35,040
4-Bedroom $3,388 $40,656

Recent 2-Bedroom FMR Trend

FY2020 $1,506 → FY2026 $2,254
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,788 $1,901 $2,254 $2,920 $3,388
FY2025 $1,639 $1,830 $2,187 $2,856 $3,415
FY2024 $1,573 $1,851 $2,226 $2,942 $3,556
FY2023 $1,258 $1,538 $1,881 $2,513 $3,074
FY2022 $1,049 $1,274 $1,578 $2,120 $2,575
FY2021 $983 $1,180 $1,468 $1,984 $2,387
FY2020 $1,015 $1,208 $1,506 $2,043 $2,422

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $107,600

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $27,000 $30,850 $34,700 $38,550 $41,650 $44,750
50% AMI (Very Low) $45,000 $51,400 $57,850 $64,250 $69,400 $74,550
80% AMI (Low) $71,950 $82,250 $92,550 $102,800 $111,050 $119,250

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$27,048/yr
FMR as % of Area Median Income
25.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$90,160/yr
$7,513/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 $941 $1,076 $1,210 $1,452 $1,560
60% AMI Maximum $1,129 $1,291 $1,452 $1,743 $1,872

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 $1,748 $1,748 $1,748 $1,748 $1,748
Low HOME Rent $1,125 $1,285 $1,446 $1,606 $1,735

Compare West Palm Beach-Boca Raton, FL HUD Metro FMR Area With Other FL Metros

vs. Baker County, FL HUD Metro FMR Area vs. Cape Coral-Fort Myers, FL MSA 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

Counties in This FMR Area

Related Pages