FY2026 Fair Market Rents — Montgomery County, NY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$892
1BR
$899
2BR
$1,102
3BR
$1,381
4BR
$1,484
Hours/week at min wage
52 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
YoY change (2BR)
+7.4%
+$76 vs FY2025 · 5-yr +30.4%
Voucher payment standard
$992–$1,212
PHAs set HCV payment at 90–110% of the 2BR FMR
Montgomery 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) | $892 | $10,704 |
| 1-Bedroom | $899 | $10,788 |
| 2-Bedroom | $1,102 | $13,224 |
| 3-Bedroom | $1,381 | $16,572 |
| 4-Bedroom | $1,484 | $17,808 |
Recent 2-Bedroom FMR Trend
FY2020 $787 → FY2026 $1,102
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $892 | $899 | $1,102 | $1,381 | $1,484 |
| FY2025 | $765 | $864 | $1,026 | $1,306 | $1,368 |
| FY2024 | $745 | $780 | $914 | $1,166 | $1,251 |
| FY2023 | $747 | $751 | $889 | $1,115 | $1,219 |
| FY2022 | $692 | $696 | $820 | $1,028 | $1,135 |
| FY2021 | $706 | $711 | $845 | $1,051 | $1,172 |
| FY2020 | $660 | $664 | $787 | $981 | $1,112 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $95,500
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,100 | $22,950 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $33,450 | $38,200 | $43,000 | $47,750 | $51,600 | $55,400 |
| 80% AMI (Low) | $53,500 | $61,150 | $68,800 | $76,400 | $82,550 | $88,650 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,224/yr
FMR as % of Area Median Income
13.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$44,080/yr
$3,673/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 | $835 | $955 | $1,074 | $1,289 | $1,384 |
| 60% AMI Maximum | $1,002 | $1,146 | $1,289 | $1,547 | $1,661 |
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 | $892 | $899 | $1,102 | $1,381 | $1,484 |
| Low HOME Rent | $836 | $955 | $1,075 | $1,193 | $1,290 |
Compare Montgomery County, NY With Other NY Metros
vs. Albany-Schenectady-Troy, NY MSA
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vs. Buffalo-Cheektowaga-Niagara Falls, NY MSA
vs. Elmira, NY MSA
vs. Glens Falls, NY MSA