FY2026 Fair Market Rents — Essex County, VT
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$780
1BR
$919
2BR
$1,007
3BR
$1,400
4BR
$1,640
Hours/week at min wage
56 hrs
to afford the 2BR FMR @ $14.01/hr (VT)
YoY change (2BR)
+6.4%
+$61 vs FY2025 · 5-yr +35.9%
Voucher payment standard
$906–$1,108
PHAs set HCV payment at 90–110% of the 2BR FMR
Essex County, VT
Non-Metropolitan area · VT · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $780 | $9,360 |
| 1-Bedroom | $919 | $11,028 |
| 2-Bedroom | $1,007 | $12,084 |
| 3-Bedroom | $1,400 | $16,800 |
| 4-Bedroom | $1,640 | $19,680 |
Recent 2-Bedroom FMR Trend
FY2020 $762 → FY2026 $1,007
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $780 | $919 | $1,007 | $1,400 | $1,640 |
| FY2025 | $823 | $854 | $946 | $1,326 | $1,351 |
| FY2024 | $812 | $834 | $936 | $1,301 | $1,319 |
| FY2023 | $730 | $746 | $843 | $1,143 | $1,169 |
| FY2022 | $585 | $654 | $781 | $1,032 | $1,085 |
| FY2021 | $560 | $583 | $741 | $985 | $1,026 |
| FY2020 | $580 | $603 | $762 | $983 | $1,080 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $74,100
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $22,000 | $25,150 | $28,300 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $36,650 | $41,900 | $47,150 | $52,350 | $56,550 | $60,750 |
| 80% AMI (Low) | $58,650 | $67,000 | $75,400 | $83,750 | $90,450 | $97,150 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$12,084/yr
FMR as % of Area Median Income
16.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$40,280/yr
$3,357/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 | $648 | $741 | $833 | $1,000 | $1,074 |
| 60% AMI Maximum | $778 | $889 | $1,000 | $1,200 | $1,289 |
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 | $780 | $919 | $1,007 | $1,204 | $1,204 |
| Low HOME Rent | $916 | $1,047 | $1,178 | $1,308 | $1,413 |