FY2026 Fair Market Rents — Morgantown, WV MSA

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

Studio
$871
1BR
$877
2BR
$1,099
3BR
$1,318
4BR
$1,657
Hours/week at min wage
97 hrs
to afford the 2BR FMR @ $8.75/hr (WV)
YoY change (2BR)
+3.2%
+$34 vs FY2025 · 5-yr +27.6%
Voucher payment standard
$989–$1,209
PHAs set HCV payment at 90–110% of the 2BR FMR

Morgantown, WV MSA

Non-Metropolitan area · WV · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size Monthly FMR Annual Equivalent
Efficiency (Studio) $871 $10,452
1-Bedroom $877 $10,524
2-Bedroom $1,099 $13,188
3-Bedroom $1,318 $15,816
4-Bedroom $1,657 $19,884

Recent 2-Bedroom FMR Trend

FY2020 $880 → FY2026 $1,099
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $871 $877 $1,099 $1,318 $1,657
FY2025 $838 $844 $1,065 $1,283 $1,788
FY2024 $857 $862 $1,078 $1,346 $1,829
FY2023 $781 $786 $984 $1,290 $1,676
FY2022 $725 $729 $892 $1,205 $1,527
FY2021 $711 $715 $861 $1,164 $1,491
FY2020 $743 $748 $880 $1,184 $1,485

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $103,000

AMI Level 1p 2p 3p 4p 5p 6p
30% AMI (Extremely Low) $21,650 $24,750 $27,850 $33,000 $38,680 $44,360
50% AMI (Very Low) $36,050 $41,200 $46,350 $51,500 $55,650 $59,750
80% AMI (Low) $57,700 $65,950 $74,200 $82,400 $89,000 $95,600

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR
$13,188/yr
FMR as % of Area Median Income
12.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$43,960/yr
$3,663/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 $901 $1,030 $1,158 $1,390 $1,493
60% AMI Maximum $1,081 $1,236 $1,390 $1,668 $1,792

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 $871 $877 $1,099 $1,318 $1,657
Low HOME Rent $901 $1,030 $1,158 $1,287 $1,391

Compare Morgantown, WV MSA With Other WV Metros

vs. Boone County, WV HUD Metro FMR Area vs. Charleston, WV HUD Metro FMR Area vs. Fayette County, WV HUD Metro FMR Area vs. Jackson County, WV HUD Metro FMR Area vs. Jefferson County, WV HUD Metro FMR Area

Counties in This FMR Area

Related Pages