What is the Fair Market Rent for a 2-bedroom in Idaho Falls, ID HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Idaho Falls, ID HUD Metro FMR Area is $1,305 per month for fiscal year 2026. The studio FMR is $1,034, 1-bedroom is $1,095, 3-bedroom is $1,815, and 4-bedroom is $2,189.

What income do you need to afford the FMR in Idaho Falls, ID HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $52,200 per year ($4,350 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,305 in Idaho Falls, ID HUD Metro FMR Area.

FY2026 Fair Market Rents — Idaho Falls, ID HUD Metro FMR Area

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

Studio

$1,034

1BR

$1,095

2BR

$1,305

3BR

$1,815

4BR

$2,189

Hours/week at min wage

139 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

National rank

#286

of 661 U.S. metros (top 44% most expensive)

YoY change (2BR)

-0.5%

$6 vs FY2025 · 5-yr +60.1%

Voucher payment standard

$1,175–$1,436

PHAs set HCV payment at 90–110% of the 2BR FMR

Idaho Falls, ID HUD Metro FMR Area

Metropolitan area · ID · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,034	$12,408
1-Bedroom	$1,095	$13,140
2-Bedroom	$1,305	$15,660
3-Bedroom	$1,815	$21,780
4-Bedroom	$2,189	$26,268

Recent 2-Bedroom FMR Trend

FY2020 $792 → FY2026 $1,305

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,034	$1,095	$1,305	$1,815	$2,189
FY2025	$1,035	$1,087	$1,311	$1,837	$2,202
FY2024	$803	$903	$1,098	$1,546	$1,863
FY2023	$670	$796	$979	$1,391	$1,668
FY2022	$575	$704	$865	$1,229	$1,481
FY2021	$538	$670	$815	$1,166	$1,411
FY2020	$522	$645	$792	$1,143	$1,364

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $101,100

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$21,250	$24,300	$27,350	$33,000	$38,680	$44,360
50% AMI (Very Low)	$35,400	$40,450	$45,500	$50,550	$54,600	$58,650
80% AMI (Low)	$56,650	$64,750	$72,850	$80,900	$87,400	$93,850

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$15,660/yr

FMR as % of Area Median Income

15.5% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$52,200/yr

$4,350/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	$884	$1,011	$1,137	$1,364	$1,465
60% AMI Maximum	$1,061	$1,213	$1,364	$1,637	$1,759

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	$1,034	$1,095	$1,305	$1,642	$1,642
Low HOME Rent	$885	$1,011	$1,137	$1,263	$1,365

Compare Idaho Falls, ID HUD Metro FMR Area With Other ID Metros

vs. Boise City, ID HUD Metro FMR Area vs. Butte County, ID HUD Metro FMR Area vs. Coeur d'Alene, ID MSA vs. Gem County, ID HUD Metro FMR Area vs. Jerome County, ID HUD Metro FMR Area

Counties in This FMR Area

Bonneville County Jefferson County