FY2026 Fair Market Rents — Franklin County, KS
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$784
1BR
$789
2BR
$1,020
3BR
$1,223
4BR
$1,360
Hours/week at min wage
109 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+3.7%
+$36 vs FY2025 · 5-yr +26.2%
Voucher payment standard
$918–$1,122
PHAs set HCV payment at 90–110% of the 2BR FMR
Franklin County, KS
Non-Metropolitan area · KS · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $784 | $9,408 |
| 1-Bedroom | $789 | $9,468 |
| 2-Bedroom | $1,020 | $12,240 |
| 3-Bedroom | $1,223 | $14,676 |
| 4-Bedroom | $1,360 | $16,320 |
Recent 2-Bedroom FMR Trend
FY2020 $791 → FY2026 $1,020
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $784 | $789 | $1,020 | $1,223 | $1,360 |
| FY2025 | $749 | $754 | $984 | $1,186 | $1,359 |
| FY2024 | $761 | $766 | $1,006 | $1,229 | $1,421 |
| FY2023 | $691 | $695 | $915 | $1,128 | $1,298 |
| FY2022 | $594 | $637 | $838 | $1,038 | $1,172 |
| FY2021 | $555 | $613 | $808 | $1,005 | $1,142 |
| FY2020 | $534 | $601 | $791 | $986 | $1,137 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $97,400
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,450 | $23,400 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,100 | $39,000 | $43,850 | $48,700 | $52,600 | $56,500 |
| 80% AMI (Low) | $54,550 | $62,350 | $70,150 | $77,900 | $84,150 | $90,400 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$12,240/yr
FMR as % of Area Median Income
12.6% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$40,800/yr
$3,400/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 | $852 | $974 | $1,095 | $1,314 | $1,412 |
| 60% AMI Maximum | $1,022 | $1,168 | $1,314 | $1,577 | $1,694 |
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 | $784 | $789 | $1,020 | $1,223 | $1,360 |
| Low HOME Rent | $852 | $975 | $1,096 | $1,217 | $1,315 |
Compare Franklin County, KS With Other KS Metros
vs. Cherokee County, KS HUD Metro FMR Area
vs. Geary County, KS HUD Metro FMR Area
vs. Kansas City, MO-KS HUD Metro FMR Area
vs. Kingman County, KS HUD Metro FMR Area
vs. Lawrence, KS MSA