FY2026 Fair Market Rents — Wallace County, KS
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$643
1BR
$758
2BR
$877
3BR
$1,220
4BR
$1,276
Hours/week at min wage
94 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+0.6%
+$5 vs FY2025 · 5-yr +22.1%
Voucher payment standard
$789–$965
PHAs set HCV payment at 90–110% of the 2BR FMR
Wallace 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) | $643 | $7,716 |
| 1-Bedroom | $758 | $9,096 |
| 2-Bedroom | $877 | $10,524 |
| 3-Bedroom | $1,220 | $14,640 |
| 4-Bedroom | $1,276 | $15,312 |
Recent 2-Bedroom FMR Trend
FY2020 $714 → FY2026 $877
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $643 | $758 | $877 | $1,220 | $1,276 |
| FY2025 | $625 | $665 | $872 | $1,151 | $1,251 |
| FY2024 | $633 | $671 | $882 | $1,101 | $1,244 |
| FY2023 | $584 | $599 | $788 | $959 | $1,117 |
| FY2022 | $560 | $564 | $742 | $917 | $1,064 |
| FY2021 | $543 | $545 | $718 | $903 | $1,042 |
| FY2020 | $524 | $555 | $714 | $968 | $1,039 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $93,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $19,700 | $22,500 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $32,800 | $37,450 | $42,150 | $46,800 | $50,550 | $54,300 |
| 80% AMI (Low) | $52,450 | $59,950 | $67,450 | $74,900 | $80,900 | $86,900 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$10,524/yr
FMR as % of Area Median Income
11.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$35,080/yr
$2,923/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 | $818 | $936 | $1,053 | $1,263 | $1,357 |
| 60% AMI Maximum | $982 | $1,123 | $1,263 | $1,516 | $1,628 |
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 | $643 | $758 | $877 | $1,220 | $1,276 |
| Low HOME Rent | $820 | $936 | $1,053 | $1,170 | $1,263 |
Compare Wallace 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