FY2026 Fair Market Rents — Salinas, CA MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$2,173
1BR
$2,232
2BR
$2,684
3BR
$3,623
4BR
$3,945
Hours/week at min wage
126 hrs
to afford the 2BR FMR @ $16.50/hr (CA)
National rank
#17
of 661 U.S. metros (top 3% most expensive)
YoY change (2BR)
-10%
$298 vs FY2025 · 5-yr +49.7%
Voucher payment standard
$2,416–$2,952
PHAs set HCV payment at 90–110% of the 2BR FMR
Salinas, CA MSA
Metropolitan area · CA · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $2,173 | $26,076 |
| 1-Bedroom | $2,232 | $26,784 |
| 2-Bedroom | $2,684 | $32,208 |
| 3-Bedroom | $3,623 | $43,476 |
| 4-Bedroom | $3,945 | $47,340 |
Recent 2-Bedroom FMR Trend
FY2020 $1,810 → FY2026 $2,684
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $2,173 | $2,232 | $2,684 | $3,623 | $3,945 |
| FY2025 | $2,414 | $2,479 | $2,982 | $4,025 | $4,383 |
| FY2024 | $2,340 | $2,367 | $2,879 | $3,990 | $4,400 |
| FY2023 | $2,112 | $2,194 | $2,675 | $3,790 | $4,144 |
| FY2022 | $1,533 | $1,616 | $1,967 | $2,794 | $3,081 |
| FY2021 | $1,348 | $1,466 | $1,793 | $2,566 | $2,813 |
| FY2020 | $1,334 | $1,467 | $1,810 | $2,606 | $2,834 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $110,500
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $32,850 | $37,550 | $42,250 | $46,900 | $50,700 | $54,450 |
| 50% AMI (Very Low) | $54,750 | $62,600 | $70,400 | $78,200 | $84,500 | $90,750 |
| 80% AMI (Low) | $87,600 | $100,100 | $112,600 | $125,100 | $135,150 | $145,150 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$32,208/yr
FMR as % of Area Median Income
29.1% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$107,360/yr
$8,947/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 | $966 | $1,105 | $1,243 | $1,491 | $1,602 |
| 60% AMI Maximum | $1,160 | $1,326 | $1,491 | $1,790 | $1,922 |
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 | $1,795 | $1,795 | $1,795 | $1,795 | $1,795 |
| Low HOME Rent | $1,368 | $1,565 | $1,760 | $1,955 | $2,112 |
Compare Salinas, CA MSA With Other CA Metros
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