FY2026 Fair Market Rents — Springfield, MA HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio
$1,219
1BR
$1,382
2BR
$1,734
3BR
$2,127
4BR
$2,296
Hours/week at min wage
89 hrs
to afford the 2BR FMR @ $15.00/hr (MA)
YoY change (2BR)
+15.9%
+$238 vs FY2025 · 5-yr +53.6%
Voucher payment standard
$1,561–$1,907
PHAs set HCV payment at 90–110% of the 2BR FMR

Springfield, MA HUD Metro FMR Area

Non-Metropolitan area · MA · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,219 $14,628
1-Bedroom $1,382 $16,584
2-Bedroom $1,734 $20,808
3-Bedroom $2,127 $25,524
4-Bedroom $2,296 $27,552

Recent 2-Bedroom FMR Trend

FY2020 $1,115 → FY2026 $1,734
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,219 $1,382 $1,734 $2,127 $2,296
FY2025 $1,044 $1,205 $1,496 $1,823 $2,037
FY2024 $934 $1,115 $1,375 $1,669 $1,954
FY2023 $818 $987 $1,223 $1,497 $1,799
FY2022 $727 $874 $1,094 $1,353 $1,623
FY2021 $745 $891 $1,129 $1,404 $1,648
FY2020 $737 $875 $1,115 $1,389 $1,611

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $96,700

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $27,650 $31,600 $35,550 $39,450 $42,650 $45,800
50% AMI (Very Low) $46,000 $52,550 $59,200 $65,750 $71,050 $76,300
80% AMI (Low) $73,650 $84,200 $94,700 $105,200 $113,650 $122,050

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$20,808/yr
FMR as % of Area Median Income
21.5% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$69,360/yr
$5,780/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 $846 $967 $1,087 $1,305 $1,402
60% AMI Maximum $1,015 $1,160 $1,305 $1,566 $1,682

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 $1,219 $1,382 $1,571 $1,571 $1,571
Low HOME Rent $1,150 $1,313 $1,480 $1,643 $1,776

Compare Springfield, MA HUD Metro FMR Area With Other MA Metros

vs. Amherst Town-Northampton, MA MSA vs. Barnstable Town, MA MSA vs. Berkshire County, MA (part) HUD Metro FMR Area vs. Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area vs. Boston-Cambridge-Quincy, MA-NH HUD Metro FMR Area

Counties in This FMR Area

Related Pages