What is the Fair Market Rent for a 2-bedroom in Norwich-New London, CT HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Norwich-New London, CT HUD Metro FMR Area is $1,866 per month for fiscal year 2026. The studio FMR is $1,287, 1-bedroom is $1,496, 3-bedroom is $2,406, and 4-bedroom is $2,988.

What income do you need to afford the FMR in Norwich-New London, CT HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $74,640 per year ($6,220 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,866 in Norwich-New London, CT HUD Metro FMR Area.

FY2026 Fair Market Rents — Norwich-New London, CT HUD Metro FMR Area

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

Studio

$1,287

1BR

$1,496

2BR

$1,866

3BR

$2,406

4BR

$2,988

Hours/week at min wage

88 hrs

to afford the 2BR FMR @ $16.35/hr (CT)

National rank

#75

of 661 U.S. metros (top 12% most expensive)

YoY change (2BR)

+14.8%

+$241 vs FY2025 · 5-yr +52.1%

Voucher payment standard

$1,679–$2,053

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

Norwich-New London, CT HUD Metro FMR Area

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

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$1,287	$15,444
1-Bedroom	$1,496	$17,952
2-Bedroom	$1,866	$22,392
3-Bedroom	$2,406	$28,872
4-Bedroom	$2,988	$35,856

Recent 2-Bedroom FMR Trend

FY2020 $1,191 → FY2026 $1,866

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$1,287	$1,496	$1,866	$2,406	$2,988
FY2025	$1,114	$1,326	$1,625	$2,107	$2,723
FY2024	$1,055	$1,263	$1,556	$2,030	$2,625
FY2023	$970	$1,177	$1,450	$1,878	$2,470
FY2022	$833	$1,006	$1,254	$1,616	$2,102
FY2021	$810	$976	$1,227	$1,584	$2,027
FY2020	$815	$938	$1,191	$1,542	$1,908

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $111,900

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$26,150	$29,900	$33,650	$37,350	$40,350	$44,360
50% AMI (Very Low)	$43,600	$49,800	$56,050	$62,250	$67,250	$72,250
80% AMI (Low)	$69,750	$79,700	$89,650	$99,600	$107,600	$115,550

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$22,392/yr

FMR as % of Area Median Income

20% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$74,640/yr

$6,220/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	$979	$1,119	$1,258	$1,510	$1,622
60% AMI Maximum	$1,174	$1,342	$1,510	$1,812	$1,947

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	$1,287	$1,496	$1,818	$1,818	$1,818
Low HOME Rent	$1,090	$1,245	$1,401	$1,556	$1,681

Compare Norwich-New London, CT HUD Metro FMR Area With Other CT Metros

vs. Ansonia town, CT Exception Area vs. Beacon Falls town, CT Exception Area vs. Bridgeport, CT HUD Metro FMR Area vs. Bridgeport-Stamford-Danbury, CT MSA vs. Cheshire town, CT Exception Area

Counties in This FMR Area

Southeastern Connecticut Planning Region