FY2026 Fair Market Rents — Cape Girardeau, MO-IL MSA

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

Studio
$763
1BR
$807
2BR
$992
3BR
$1,380
4BR
$1,664
Hours/week at min wage
51 hrs
to afford the 2BR FMR @ $15.00/hr (IL)
National rank
#557
of 661 U.S. metros (top 85% most expensive)
YoY change (2BR)
+0.7%
+$7 vs FY2025 · 5-yr +22.9%
Voucher payment standard
$893–$1,091
PHAs set HCV payment at 90–110% of the 2BR FMR

Cape Girardeau, MO-IL MSA

Metropolitan area · IL · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $763 $9,156
1-Bedroom $807 $9,684
2-Bedroom $992 $11,904
3-Bedroom $1,380 $16,560
4-Bedroom $1,664 $19,968

Recent 2-Bedroom FMR Trend

FY2020 $773 → FY2026 $992
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $763 $807 $992 $1,380 $1,664
FY2025 $747 $794 $985 $1,380 $1,654
FY2024 $685 $742 $933 $1,315 $1,540
FY2023 $597 $680 $871 $1,238 $1,372
FY2022 $536 $622 $807 $1,146 $1,248
FY2021 $537 $612 $807 $1,155 $1,216
FY2020 $542 $587 $773 $1,115 $1,188

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $90,200

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $18,950 $21,650 $27,320 $33,000 $38,680 $44,360
50% AMI (Very Low) $31,600 $36,100 $40,600 $45,100 $48,750 $52,350
80% AMI (Low) $50,550 $57,750 $64,950 $72,150 $77,950 $83,700

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$11,904/yr
FMR as % of Area Median Income
13.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$39,680/yr
$3,307/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 $789 $902 $1,014 $1,217 $1,307
60% AMI Maximum $947 $1,082 $1,217 $1,461 $1,569

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 $763 $807 $992 $1,380 $1,465
Low HOME Rent $790 $902 $1,015 $1,127 $1,218

Compare Cape Girardeau, MO-IL MSA With Other IL Metros

vs. Bloomington, IL HUD Metro FMR Area vs. Bloomington, IL MSA vs. Bond County, IL HUD Metro FMR Area vs. Champaign-Urbana, IL MSA vs. Chicago-Joliet-Naperville, IL HUD Metro FMR Area

Counties in This FMR Area

Alexander County Bollinger County Cape Girardeau County

Related Pages