FY2026 Fair Market Rents — Genesee County, NY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$805
1BR
$953
2BR
$1,168
3BR
$1,400
4BR
$1,546
Hours/week at min wage
55 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
YoY change (2BR)
+7.5%
+$81 vs FY2025 · 5-yr +39.5%
Voucher payment standard
$1,051–$1,285
PHAs set HCV payment at 90–110% of the 2BR FMR
Genesee County, NY
Non-Metropolitan area · NY · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $805 | $9,660 |
| 1-Bedroom | $953 | $11,436 |
| 2-Bedroom | $1,168 | $14,016 |
| 3-Bedroom | $1,400 | $16,800 |
| 4-Bedroom | $1,546 | $18,552 |
Recent 2-Bedroom FMR Trend
FY2020 $820 → FY2026 $1,168
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $805 | $953 | $1,168 | $1,400 | $1,546 |
| FY2025 | $745 | $897 | $1,087 | $1,310 | $1,441 |
| FY2024 | $662 | $804 | $976 | $1,217 | $1,352 |
| FY2023 | $633 | $777 | $946 | $1,233 | $1,349 |
| FY2022 | $560 | $686 | $833 | $1,124 | $1,211 |
| FY2021 | $575 | $696 | $837 | $1,148 | $1,232 |
| FY2020 | $578 | $680 | $820 | $1,120 | $1,221 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $97,200
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,450 | $23,350 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,050 | $38,900 | $43,750 | $48,600 | $52,500 | $56,400 |
| 80% AMI (Low) | $54,450 | $62,200 | $70,000 | $77,750 | $84,000 | $90,200 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$14,016/yr
FMR as % of Area Median Income
14.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$46,720/yr
$3,893/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 | $850 | $972 | $1,093 | $1,312 | $1,409 |
| 60% AMI Maximum | $1,020 | $1,166 | $1,312 | $1,574 | $1,691 |
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 | $805 | $953 | $1,168 | $1,400 | $1,546 |
| Low HOME Rent | $851 | $972 | $1,093 | $1,215 | $1,312 |
Compare Genesee County, NY With Other NY Metros
vs. Albany-Schenectady-Troy, NY MSA
vs. Binghamton, NY MSA
vs. Buffalo-Cheektowaga-Niagara Falls, NY MSA
vs. Elmira, NY MSA
vs. Glens Falls, NY MSA