FY2026 Fair Market Rents — Hanford-Corcoran, CA MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,150
1BR
$1,157
2BR
$1,469
3BR
$2,043
4BR
$2,451
Hours/week at min wage
69 hrs
to afford the 2BR FMR @ $16.50/hr (CA)
National rank
#203
of 661 U.S. metros (top 32% most expensive)
YoY change (2BR)
+1.7%
+$24 vs FY2025 · 5-yr +32.5%
Voucher payment standard
$1,322–$1,616
PHAs set HCV payment at 90–110% of the 2BR FMR
Hanford-Corcoran, CA MSA
Metropolitan area · CA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,150 | $13,800 |
| 1-Bedroom | $1,157 | $13,884 |
| 2-Bedroom | $1,469 | $17,628 |
| 3-Bedroom | $2,043 | $24,516 |
| 4-Bedroom | $2,451 | $29,412 |
Recent 2-Bedroom FMR Trend
FY2020 $1,064 → FY2026 $1,469
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,150 | $1,157 | $1,469 | $2,043 | $2,451 |
| FY2025 | $1,151 | $1,158 | $1,445 | $2,025 | $2,427 |
| FY2024 | $1,080 | $1,087 | $1,371 | $1,932 | $2,310 |
| FY2023 | $1,030 | $1,036 | $1,287 | $1,829 | $2,091 |
| FY2022 | $924 | $930 | $1,162 | $1,651 | $1,799 |
| FY2021 | $894 | $903 | $1,109 | $1,587 | $1,708 |
| FY2020 | $841 | $861 | $1,064 | $1,535 | $1,647 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $84,900
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,450 | $23,350 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,000 | $38,850 | $43,700 | $48,550 | $52,450 | $56,350 |
| 80% AMI (Low) | $54,400 | $62,200 | $69,950 | $77,700 | $83,950 | $90,150 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$17,628/yr
FMR as % of Area Median Income
20.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$58,760/yr
$4,897/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 | $742 | $849 | $955 | $1,146 | $1,231 |
| 60% AMI Maximum | $891 | $1,018 | $1,146 | $1,375 | $1,477 |
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 | $1,150 | $1,157 | $1,379 | $1,379 | $1,379 |
| Low HOME Rent | $850 | $971 | $1,092 | $1,213 | $1,311 |
Compare Hanford-Corcoran, CA MSA With Other CA Metros
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vs. Los Angeles-Long Beach-Anaheim, CA HUD Metro FMR Area