What is the Fair Market Rent for a 2-bedroom in Boone County, WV HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Boone County, WV HUD Metro FMR Area is $869 per month for fiscal year 2026. The studio FMR is $669, 1-bedroom is $674, 3-bedroom is $1,195, and 4-bedroom is $1,458.

What income do you need to afford the FMR in Boone County, WV HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $34,760 per year ($2,897 per month) to afford the FY2026 2-bedroom Fair Market Rent of $869 in Boone County, WV HUD Metro FMR Area.

FY2026 Fair Market Rents — Boone County, WV HUD Metro FMR Area

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

Studio

$669

1BR

$674

2BR

$869

3BR

$1,195

4BR

$1,458

Hours/week at min wage

77 hrs

to afford the 2BR FMR @ $8.75/hr (WV)

National rank

#641

of 661 U.S. metros (top 98% most expensive)

YoY change (2BR)

+2%

+$17 vs FY2025 · 5-yr +28.6%

Voucher payment standard

$782–$956

PHAs set HCV payment at 90–110% of the 2BR FMR

Boone County, WV HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$669	$8,028
1-Bedroom	$674	$8,088
2-Bedroom	$869	$10,428
3-Bedroom	$1,195	$14,340
4-Bedroom	$1,458	$17,496

Recent 2-Bedroom FMR Trend

FY2020 $674 → FY2026 $869

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$669	$674	$869	$1,195	$1,458
FY2025	$590	$712	$852	$1,175	$1,431
FY2024	$620	$755	$848	$1,195	$1,439
FY2023	$555	$667	$753	$1,066	$1,283
FY2022	$503	$619	$705	$978	$1,207
FY2021	$461	$593	$676	$901	$1,027
FY2020	$439	$572	$674	$882	$913

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $79,900

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$16,800	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$28,000	$32,000	$36,000	$39,950	$43,150	$46,350
80% AMI (Low)	$44,750	$51,150	$57,550	$63,900	$69,050	$74,150

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$10,428/yr

FMR as % of Area Median Income

13.1% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$34,760/yr

$2,897/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	$699	$799	$898	$1,078	$1,158
60% AMI Maximum	$838	$958	$1,078	$1,294	$1,390

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	$669	$674	$869	$1,195	$1,298
Low HOME Rent	$700	$800	$900	$998	$1,078

Compare Boone County, WV HUD Metro FMR Area With Other WV Metros

vs. Charleston, WV HUD Metro FMR Area vs. Fayette County, WV HUD Metro FMR Area vs. Jackson County, WV HUD Metro FMR Area vs. Jefferson County, WV HUD Metro FMR Area vs. Lincoln County, WV HUD Metro FMR Area

Counties in This FMR Area

Boone County