FY2026 Fair Market Rents — Talbot County, MD
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,201
1BR
$1,282
2BR
$1,409
3BR
$1,960
4BR
$2,364
Hours/week at min wage
73 hrs
to afford the 2BR FMR @ $15.00/hr (MD)
YoY change (2BR)
+1.2%
+$17 vs FY2025 · 5-yr +30.9%
Voucher payment standard
$1,268–$1,550
PHAs set HCV payment at 90–110% of the 2BR FMR
Talbot County, MD
Non-Metropolitan area · MD · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,201 | $14,412 |
| 1-Bedroom | $1,282 | $15,384 |
| 2-Bedroom | $1,409 | $16,908 |
| 3-Bedroom | $1,960 | $23,520 |
| 4-Bedroom | $2,364 | $28,368 |
Recent 2-Bedroom FMR Trend
FY2020 $1,163 → FY2026 $1,409
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,201 | $1,282 | $1,409 | $1,960 | $2,364 |
| FY2025 | $1,210 | $1,257 | $1,392 | $1,951 | $2,338 |
| FY2024 | $1,196 | $1,229 | $1,380 | $1,945 | $2,342 |
| FY2023 | $1,013 | $1,063 | $1,201 | $1,707 | $2,046 |
| FY2022 | $929 | $957 | $1,141 | $1,577 | $1,953 |
| FY2021 | $808 | $851 | $1,076 | $1,467 | $1,863 |
| FY2020 | $862 | $883 | $1,163 | $1,534 | $1,975 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $117,500
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $24,700 | $28,200 | $31,750 | $35,250 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $41,150 | $47,000 | $52,900 | $58,750 | $63,450 | $68,150 |
| 80% AMI (Low) | $65,800 | $75,200 | $84,600 | $94,000 | $101,550 | $109,050 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$16,908/yr
FMR as % of Area Median Income
14.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$56,360/yr
$4,697/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 | $1,028 | $1,175 | $1,321 | $1,586 | $1,703 |
| 60% AMI Maximum | $1,233 | $1,410 | $1,586 | $1,903 | $2,044 |
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 | $1,201 | $1,282 | $1,409 | $1,909 | $1,909 |
| Low HOME Rent | $1,028 | $1,175 | $1,322 | $1,468 | $1,586 |
Compare Talbot County, MD With Other MD Metros
vs. Baltimore-Columbia-Towson, MD MSA
vs. California-Lexington Park, MD MSA
vs. Calvert County, MD HUD Metro FMR Area
vs. Cumberland, MD-WV MSA
vs. Hagerstown, MD HUD Metro FMR Area