FY2026 Fair Market Rents — West Palm Beach-Boca Raton, FL HUD Metro FMR Area

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

Studio
$1,788
1BR
$1,901
2BR
$2,254
3BR
$2,920
4BR
$3,388
Hours/week at min wage
124 hrs
to afford the 2BR FMR @ $14.00/hr (FL)
National rank
#36
of 661 U.S. metros (top 6% most expensive)
YoY change (2BR)
+3.1%
+$67 vs FY2025 · 5-yr +53.5%
Voucher payment standard
$2,029–$2,479
PHAs set HCV payment at 90–110% of the 2BR FMR

West Palm Beach-Boca Raton, 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) $1,788 $21,456
1-Bedroom $1,901 $22,812
2-Bedroom $2,254 $27,048
3-Bedroom $2,920 $35,040
4-Bedroom $3,388 $40,656

Recent 2-Bedroom FMR Trend

FY2020 $1,506 → FY2026 $2,254
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $1,788 $1,901 $2,254 $2,920 $3,388
FY2025 $1,639 $1,830 $2,187 $2,856 $3,415
FY2024 $1,573 $1,851 $2,226 $2,942 $3,556
FY2023 $1,258 $1,538 $1,881 $2,513 $3,074
FY2022 $1,049 $1,274 $1,578 $2,120 $2,575
FY2021 $983 $1,180 $1,468 $1,984 $2,387
FY2020 $1,015 $1,208 $1,506 $2,043 $2,422

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $107,600

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $27,000 $30,850 $34,700 $38,550 $41,650 $44,750
50% AMI (Very Low) $45,000 $51,400 $57,850 $64,250 $69,400 $74,550
80% AMI (Low) $71,950 $82,250 $92,550 $102,800 $111,050 $119,250

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$27,048/yr
FMR as % of Area Median Income
25.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$90,160/yr
$7,513/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 $941 $1,076 $1,210 $1,452 $1,560
60% AMI Maximum $1,129 $1,291 $1,452 $1,743 $1,872

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 $1,748 $1,748 $1,748 $1,748 $1,748
Low HOME Rent $1,125 $1,285 $1,446 $1,606 $1,735

Small Area FMRs by ZIP Code

This metro publishes ZIP-level Small Area Fair Market Rents. Metro-wide 2BR FMR: $2,254. About SAFMRs →

Highest-cost ZIPs (2BR SAFMR)

33449 $3,380
33470 $3,280
33496 $3,210
33433 $3,050
33477 $3,050

Lowest-cost ZIPs (2BR SAFMR)

33430 $1,050
33476 $1,150
33440 $1,200
33493 $1,420
33438 $1,600
All 72 ZIP codes in this area
33401 33402 33403 33404 33405 33406 33407 33408 33409 33410 33411 33412 33413 33414 33415 33416 33417 33418 33419 33420 33421 33422 33424 33425 33426 33427 33428 33429 33430 33431 33433 33434 33435 33436 33437 33438 33440 33444 33445 33446 33448 33449 33454 33458 33460 33461 33462 33463 33465 33466 33467 33468 33469 33470 33472 33473 33474 33476 33477 33478 33480 33481 33482 33483 33484 33486 33487 33488 33493 33496 33497 33498

Compare West Palm Beach-Boca Raton, 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

Palm Beach County

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