FY2026 Fair Market Rents — Miami-Miami Beach-Kendall, FL HUD Metro FMR Area

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

Studio
$1,828
1BR
$1,995
2BR
$2,436
3BR
$3,127
4BR
$3,613
Hours/week at min wage
134 hrs
to afford the 2BR FMR @ $14.00/hr (FL)
National rank
#26
of 661 U.S. metros (top 5% most expensive)
YoY change (2BR)
+4.6%
+$107 vs FY2025 · 5-yr +57.1%
Voucher payment standard
$2,192–$2,680
PHAs set HCV payment at 90–110% of the 2BR FMR

Miami-Miami Beach-Kendall, FL HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $1,828 $21,936
1-Bedroom $1,995 $23,940
2-Bedroom $2,436 $29,232
3-Bedroom $3,127 $37,524
4-Bedroom $3,613 $43,356

Recent 2-Bedroom FMR Trend

FY2020 $1,625 → FY2026 $2,436
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,828 $1,995 $2,436 $3,127 $3,613
FY2025 $1,711 $1,898 $2,329 $3,008 $3,527
FY2024 $1,683 $1,884 $2,324 $3,027 $3,589
FY2023 $1,362 $1,546 $1,923 $2,530 $2,997
FY2022 $1,162 $1,332 $1,672 $2,220 $2,631
FY2021 $1,057 $1,231 $1,551 $2,068 $2,483
FY2020 $1,084 $1,285 $1,625 $2,164 $2,621

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $89,800

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $28,600 $32,700 $36,800 $40,850 $44,150 $47,400
50% AMI (Very Low) $47,700 $54,500 $61,300 $68,100 $73,550 $79,000
80% AMI (Low) $76,300 $87,200 $98,100 $109,000 $117,750 $126,450

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$29,232/yr
FMR as % of Area Median Income
32.6% of AMI
Above 30% — cost-burdened at median income
Income Needed (30% rule, 2BR)
$97,440/yr
$8,120/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 $785 $898 $1,010 $1,212 $1,302
60% AMI Maximum $942 $1,077 $1,212 $1,454 $1,562

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 $1,459 $1,459 $1,459 $1,459 $1,459
Low HOME Rent $1,192 $1,362 $1,532 $1,702 $1,838

Compare Miami-Miami Beach-Kendall, FL HUD Metro FMR Area With Other FL Metros

vs. Baker County, FL HUD Metro FMR Area vs. Cape Coral-Fort Myers, FL MSA vs. Crestview-Fort Walton Beach-Destin, FL HUD Metro FMR Area vs. Deltona-Daytona Beach-Ormond Beach, FL HUD Metro FMR Area vs. Fort Lauderdale, FL HUD Metro FMR Area

Counties in This FMR Area

Miami-Dade County

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