What is the Fair Market Rent for a 2-bedroom in Jerome County, ID HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Jerome County, ID HUD Metro FMR Area is $1,186 per month for fiscal year 2026. The studio FMR is $819, 1-bedroom is $986, 3-bedroom is $1,599, and 4-bedroom is $1,990.

What income do you need to afford the FMR in Jerome County, ID HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $47,440 per year ($3,953 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,186 in Jerome County, ID HUD Metro FMR Area.

FY2026 Fair Market Rents — Jerome County, ID HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$819

1BR

$986

2BR

$1,186

3BR

$1,599

4BR

$1,990

Hours/week at min wage

126 hrs

to afford the 2BR FMR @ $7.25/hr (federal)

National rank

#372

of 661 U.S. metros (top 57% most expensive)

YoY change (2BR)

+5.2%

+$59 vs FY2025 · 5-yr +37.9%

Voucher payment standard

$1,067–$1,305

PHAs set HCV payment at 90–110% of the 2BR FMR

Jerome County, ID HUD Metro FMR Area

Metropolitan area · ID · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$819	$9,828
1-Bedroom	$986	$11,832
2-Bedroom	$1,186	$14,232
3-Bedroom	$1,599	$19,188
4-Bedroom	$1,990	$23,880

Recent 2-Bedroom FMR Trend

FY2021 $860 → FY2026 $1,186

Fiscal Year	Studio	1BR	2BR	3BR	4BR
FY2026	$819	$986	$1,186	$1,599	$1,990
FY2025	$773	$900	$1,127	$1,552	$1,893
FY2024	$697	$782	$1,028	$1,364	$1,745
FY2023	$666	$757	$996	$1,391	$1,647
FY2022	$614	$702	$924	$1,156	$1,526
FY2021	$567	$653	$860	$1,070	$1,410

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $79,000

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$18,500	$21,640	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$30,800	$35,200	$39,600	$44,000	$47,550	$51,050
80% AMI (Low)	$49,300	$56,350	$63,400	$70,400	$76,050	$81,700

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,232/yr

FMR as % of Area Median Income

18% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$47,440/yr

$3,953/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	$691	$790	$888	$1,066	$1,145
60% AMI Maximum	$829	$948	$1,066	$1,279	$1,374

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	$819	$986	$1,186	$1,283	$1,283
Low HOME Rent	$770	$880	$990	$1,100	$1,188

Compare Jerome County, ID HUD Metro FMR Area With Other ID Metros

vs. Boise City, ID HUD Metro FMR Area vs. Butte County, ID HUD Metro FMR Area vs. Coeur d'Alene, ID MSA vs. Gem County, ID HUD Metro FMR Area vs. Idaho Falls, ID HUD Metro FMR Area

Counties in This FMR Area

Jerome County