FY2026 Fair Market Rents — Albany, OR MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,169
1BR
$1,396
2BR
$1,695
3BR
$2,294
4BR
$2,662
Hours/week at min wage
89 hrs
to afford the 2BR FMR @ $14.70/hr (OR)
YoY change (2BR)
+16.2%
+$236 vs FY2025 · 5-yr +49.6%
Voucher payment standard
$1,526–$1,865
PHAs set HCV payment at 90–110% of the 2BR FMR
Albany, OR MSA
Non-Metropolitan area · OR · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,169 | $14,028 |
| 1-Bedroom | $1,396 | $16,752 |
| 2-Bedroom | $1,695 | $20,340 |
| 3-Bedroom | $2,294 | $27,528 |
| 4-Bedroom | $2,662 | $31,944 |
Recent 2-Bedroom FMR Trend
FY2020 $1,096 → FY2026 $1,695
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,169 | $1,396 | $1,695 | $2,294 | $2,662 |
| FY2025 | $1,000 | $1,203 | $1,459 | $1,957 | $2,292 |
| FY2024 | $938 | $1,121 | $1,384 | $1,869 | $2,180 |
| FY2023 | $893 | $1,000 | $1,263 | $1,728 | $2,019 |
| FY2022 | $808 | $865 | $1,138 | $1,584 | $1,859 |
| FY2021 | $794 | $860 | $1,133 | $1,591 | $1,888 |
| FY2020 | $721 | $832 | $1,096 | $1,562 | $1,824 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $97,300
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,800 | $23,750 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,600 | $39,550 | $44,500 | $49,400 | $53,400 | $57,350 |
| 80% AMI (Low) | $55,350 | $63,250 | $71,150 | $79,050 | $85,400 | $91,700 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$20,340/yr
FMR as % of Area Median Income
20.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$67,800/yr
$5,650/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 | $851 | $973 | $1,094 | $1,313 | $1,410 |
| 60% AMI Maximum | $1,021 | $1,167 | $1,313 | $1,576 | $1,693 |
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 | $1,169 | $1,396 | $1,581 | $1,581 | $1,581 |
| Low HOME Rent | $865 | $988 | $1,112 | $1,235 | $1,335 |
Compare Albany, OR MSA 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