FY2026 Fair Market Rents — Sherman County, KS
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$683
1BR
$710
2BR
$932
3BR
$1,117
4BR
$1,356
Hours/week at min wage
99 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+2.4%
+$22 vs FY2025 · 5-yr +18.9%
Voucher payment standard
$839–$1,025
PHAs set HCV payment at 90–110% of the 2BR FMR
Sherman 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) | $683 | $8,196 |
| 1-Bedroom | $710 | $8,520 |
| 2-Bedroom | $932 | $11,184 |
| 3-Bedroom | $1,117 | $13,404 |
| 4-Bedroom | $1,356 | $16,272 |
Recent 2-Bedroom FMR Trend
FY2020 $761 → FY2026 $932
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $683 | $710 | $932 | $1,117 | $1,356 |
| FY2025 | $653 | $694 | $910 | $1,096 | $1,305 |
| FY2024 | $687 | $728 | $957 | $1,157 | $1,350 |
| FY2023 | $656 | $672 | $885 | $1,077 | $1,254 |
| FY2022 | $625 | $629 | $828 | $1,024 | $1,188 |
| FY2021 | $593 | $595 | $784 | $975 | $1,138 |
| FY2020 | $558 | $578 | $761 | $948 | $1,031 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $79,200
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,000 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $30,000 | $34,300 | $38,600 | $42,850 | $46,300 | $49,750 |
| 80% AMI (Low) | $48,000 | $54,850 | $61,700 | $68,550 | $74,050 | $79,550 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,184/yr
FMR as % of Area Median Income
14.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$37,280/yr
$3,107/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 | $693 | $792 | $891 | $1,069 | $1,148 |
| 60% AMI Maximum | $831 | $950 | $1,069 | $1,283 | $1,378 |
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 | $683 | $710 | $932 | $1,117 | $1,287 |
| Low HOME Rent | $750 | $857 | $965 | $1,071 | $1,157 |
Compare Sherman County, KS With Other KS Metros
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