FY2026 Fair Market Rents — Mount Vernon-Anacortes, WA MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,186
1BR
$1,311
2BR
$1,720
3BR
$2,392
4BR
$2,599
Hours/week at min wage
80 hrs
to afford the 2BR FMR @ $16.66/hr (WA)
National rank
#127
of 661 U.S. metros (top 20% most expensive)
YoY change (2BR)
+1.1%
+$19 vs FY2025 · 5-yr +40.4%
Voucher payment standard
$1,548–$1,892
PHAs set HCV payment at 90–110% of the 2BR FMR
Mount Vernon-Anacortes, WA MSA
Metropolitan area · WA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,186 | $14,232 |
| 1-Bedroom | $1,311 | $15,732 |
| 2-Bedroom | $1,720 | $20,640 |
| 3-Bedroom | $2,392 | $28,704 |
| 4-Bedroom | $2,599 | $31,188 |
Recent 2-Bedroom FMR Trend
FY2020 $1,208 → FY2026 $1,720
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,186 | $1,311 | $1,720 | $2,392 | $2,599 |
| FY2025 | $1,166 | $1,300 | $1,701 | $2,384 | $2,592 |
| FY2024 | $1,123 | $1,279 | $1,657 | $2,335 | $2,590 |
| FY2023 | $941 | $1,111 | $1,407 | $2,000 | $2,322 |
| FY2022 | $868 | $1,035 | $1,307 | $1,857 | $2,176 |
| FY2021 | $839 | $974 | $1,225 | $1,753 | $2,095 |
| FY2020 | $825 | $951 | $1,208 | $1,743 | $1,989 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $120,200
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $25,250 | $28,850 | $32,450 | $36,050 | $38,950 | $44,360 |
| 50% AMI (Very Low) | $42,050 | $48,100 | $54,100 | $60,100 | $64,950 | $69,750 |
| 80% AMI (Low) | $67,350 | $76,950 | $86,550 | $96,150 | $103,850 | $111,550 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$20,640/yr
FMR as % of Area Median Income
17.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$68,800/yr
$5,733/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 | $1,051 | $1,202 | $1,352 | $1,622 | $1,742 |
| 60% AMI Maximum | $1,262 | $1,442 | $1,622 | $1,947 | $2,091 |
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 | $1,186 | $1,311 | $1,720 | $1,953 | $1,953 |
| Low HOME Rent | $1,051 | $1,202 | $1,352 | $1,502 | $1,623 |
Compare Mount Vernon-Anacortes, WA MSA With Other WA Metros
vs. Bellingham, WA MSA
vs. Bremerton-Silverdale, WA MSA
vs. Columbia County, WA HUD Metro FMR Area
vs. Kennewick-Richland, WA MSA
vs. Longview, WA MSA