FY2026 Fair Market Rents — Lake County, OR
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$793
1BR
$929
2BR
$1,150
3BR
$1,599
4BR
$1,929
Hours/week at min wage
61 hrs
to afford the 2BR FMR @ $14.70/hr (OR)
YoY change (2BR)
+13.4%
+$136 vs FY2025 · 5-yr +51.5%
Voucher payment standard
$1,035–$1,265
PHAs set HCV payment at 90–110% of the 2BR FMR
Lake County, OR
Non-Metropolitan area · OR · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $793 | $9,516 |
| 1-Bedroom | $929 | $11,148 |
| 2-Bedroom | $1,150 | $13,800 |
| 3-Bedroom | $1,599 | $19,188 |
| 4-Bedroom | $1,929 | $23,148 |
Recent 2-Bedroom FMR Trend
FY2020 $754 → FY2026 $1,150
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $793 | $929 | $1,150 | $1,599 | $1,929 |
| FY2025 | $704 | $814 | $1,014 | $1,421 | $1,703 |
| FY2024 | $678 | $794 | $939 | $1,323 | $1,593 |
| FY2023 | $642 | $765 | $864 | $1,228 | $1,472 |
| FY2022 | $537 | $709 | $808 | $1,138 | $1,359 |
| FY2021 | $501 | $666 | $759 | $1,054 | $1,165 |
| FY2020 | $491 | $634 | $754 | $1,044 | $1,173 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $85,700
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,000 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $30,000 | $34,300 | $38,600 | $42,850 | $46,300 | $49,750 |
| 80% AMI (Low) | $48,000 | $54,850 | $61,700 | $68,550 | $74,050 | $79,550 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$13,800/yr
FMR as % of Area Median Income
16.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$46,000/yr
$3,833/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 | $749 | $857 | $964 | $1,156 | $1,242 |
| 60% AMI Maximum | $899 | $1,028 | $1,156 | $1,388 | $1,491 |
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 | $793 | $929 | $1,150 | $1,392 | $1,392 |
| Low HOME Rent | $750 | $857 | $965 | $1,071 | $1,157 |
Compare Lake County, OR With Other OR Metros
vs. Albany, OR MSA
vs. Bend-Redmond, OR MSA
vs. Corvallis, OR MSA
vs. Crook County, OR HUD Metro FMR Area
vs. Eugene-Springfield, OR MSA