FY2026 Fair Market Rents — Glens Falls, NY MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,041
1BR
$1,066
2BR
$1,348
3BR
$1,742
4BR
$1,785
Hours/week at min wage
63 hrs
to afford the 2BR FMR @ $16.50/hr (NY)
YoY change (2BR)
-0.3%
$4 vs FY2025 · 5-yr +34.1%
Voucher payment standard
$1,213–$1,483
PHAs set HCV payment at 90–110% of the 2BR FMR
Glens Falls, NY MSA
Non-Metropolitan area · NY · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,041 | $12,492 |
| 1-Bedroom | $1,066 | $12,792 |
| 2-Bedroom | $1,348 | $16,176 |
| 3-Bedroom | $1,742 | $20,904 |
| 4-Bedroom | $1,785 | $21,420 |
Recent 2-Bedroom FMR Trend
FY2020 $956 → FY2026 $1,348
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,041 | $1,066 | $1,348 | $1,742 | $1,785 |
| FY2025 | $1,040 | $1,079 | $1,352 | $1,751 | $1,792 |
| FY2024 | $939 | $1,025 | $1,284 | $1,662 | $1,710 |
| FY2023 | $790 | $896 | $1,119 | $1,451 | $1,503 |
| FY2022 | $715 | $850 | $1,065 | $1,383 | $1,444 |
| FY2021 | $677 | $794 | $1,005 | $1,311 | $1,380 |
| FY2020 | $671 | $754 | $956 | $1,231 | $1,344 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $94,100
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $19,950 | $22,800 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $33,250 | $38,000 | $42,750 | $47,500 | $51,300 | $55,100 |
| 80% AMI (Low) | $53,200 | $60,800 | $68,400 | $76,000 | $82,100 | $88,200 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$16,176/yr
FMR as % of Area Median Income
17.2% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$53,920/yr
$4,493/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 | $823 | $941 | $1,058 | $1,270 | $1,364 |
| 60% AMI Maximum | $988 | $1,129 | $1,270 | $1,524 | $1,637 |
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 | $1,041 | $1,066 | $1,348 | $1,529 | $1,529 |
| Low HOME Rent | $831 | $950 | $1,068 | $1,187 | $1,282 |
Compare Glens Falls, NY MSA With Other NY Metros
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