FY2026 Fair Market Rents — Casper, WY MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$767
1BR
$852
2BR
$1,082
3BR
$1,505
4BR
$1,815
Hours/week at min wage
115 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
National rank
#483
of 661 U.S. metros (top 74% most expensive)
YoY change (2BR)
+1.9%
+$20 vs FY2025 · 5-yr +24.7%
Voucher payment standard
$974–$1,190
PHAs set HCV payment at 90–110% of the 2BR FMR
Casper, WY MSA
Metropolitan area · WY · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $767 | $9,204 |
| 1-Bedroom | $852 | $10,224 |
| 2-Bedroom | $1,082 | $12,984 |
| 3-Bedroom | $1,505 | $18,060 |
| 4-Bedroom | $1,815 | $21,780 |
Recent 2-Bedroom FMR Trend
FY2020 $924 → FY2026 $1,082
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $767 | $852 | $1,082 | $1,505 | $1,815 |
| FY2025 | $755 | $868 | $1,062 | $1,488 | $1,764 |
| FY2024 | $759 | $893 | $1,070 | $1,508 | $1,790 |
| FY2023 | $619 | $747 | $884 | $1,256 | $1,497 |
| FY2022 | $605 | $728 | $856 | $1,216 | $1,465 |
| FY2021 | $593 | $737 | $868 | $1,242 | $1,503 |
| FY2020 | $612 | $780 | $924 | $1,302 | $1,622 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $99,500
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,900 | $23,900 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,850 | $39,800 | $44,800 | $49,750 | $53,750 | $57,750 |
| 80% AMI (Low) | $55,750 | $63,700 | $71,650 | $79,600 | $86,000 | $92,350 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$12,984/yr
FMR as % of Area Median Income
13% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,280/yr
$3,607/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 | $870 | $995 | $1,119 | $1,343 | $1,442 |
| 60% AMI Maximum | $1,044 | $1,194 | $1,343 | $1,611 | $1,731 |
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 | $767 | $852 | $1,082 | $1,505 | $1,616 |
| Low HOME Rent | $871 | $995 | $1,120 | $1,243 | $1,343 |