FY2026 Fair Market Rents — Chico, CA MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,155
1BR
$1,270
2BR
$1,625
3BR
$2,260
4BR
$2,726
Hours/week at min wage
76 hrs
to afford the 2BR FMR @ $16.50/hr (CA)
National rank
#161
of 661 U.S. metros (top 25% most expensive)
YoY change (2BR)
+10.8%
+$159 vs FY2025 · 5-yr +36.3%
Voucher payment standard
$1,463–$1,788
PHAs set HCV payment at 90–110% of the 2BR FMR
Chico, CA MSA
Metropolitan area · CA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,155 | $13,860 |
| 1-Bedroom | $1,270 | $15,240 |
| 2-Bedroom | $1,625 | $19,500 |
| 3-Bedroom | $2,260 | $27,120 |
| 4-Bedroom | $2,726 | $32,712 |
Recent 2-Bedroom FMR Trend
FY2020 $1,090 → FY2026 $1,625
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,155 | $1,270 | $1,625 | $2,260 | $2,726 |
| FY2025 | $1,069 | $1,126 | $1,466 | $2,054 | $2,462 |
| FY2024 | $1,049 | $1,091 | $1,428 | $2,012 | $2,423 |
| FY2023 | $893 | $941 | $1,239 | $1,761 | $2,110 |
| FY2022 | $826 | $895 | $1,177 | $1,662 | $2,015 |
| FY2021 | $825 | $904 | $1,192 | $1,692 | $2,064 |
| FY2020 | $761 | $842 | $1,090 | $1,567 | $1,881 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $89,400
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,450 | $23,350 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,000 | $38,850 | $43,700 | $48,550 | $52,450 | $56,350 |
| 80% AMI (Low) | $54,400 | $62,200 | $69,950 | $77,700 | $83,950 | $90,150 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$19,500/yr
FMR as % of Area Median Income
21.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$65,000/yr
$5,417/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 | $782 | $894 | $1,005 | $1,206 | $1,296 |
| 60% AMI Maximum | $938 | $1,072 | $1,206 | $1,448 | $1,555 |
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 | $1,155 | $1,270 | $1,452 | $1,452 | $1,452 |
| Low HOME Rent | $850 | $971 | $1,092 | $1,213 | $1,311 |
Compare Chico, CA MSA With Other CA Metros
vs. Bakersfield, CA MSA
vs. El Centro, CA MSA
vs. Fresno, CA MSA
vs. Hanford-Corcoran, CA MSA
vs. Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area