FY2026 Fair Market Rents — Albany County, WY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$709
1BR
$786
2BR
$963
3BR
$1,339
4BR
$1,615
Hours/week at min wage
103 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-2.7%
$27 vs FY2025 · 5-yr +18.5%
Voucher payment standard
$867–$1,059
PHAs set HCV payment at 90–110% of the 2BR FMR
Albany County, WY
Non-Metropolitan area · WY · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $709 | $8,508 |
| 1-Bedroom | $786 | $9,432 |
| 2-Bedroom | $963 | $11,556 |
| 3-Bedroom | $1,339 | $16,068 |
| 4-Bedroom | $1,615 | $19,380 |
Recent 2-Bedroom FMR Trend
FY2020 $799 → FY2026 $963
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $709 | $786 | $963 | $1,339 | $1,615 |
| FY2025 | $712 | $808 | $990 | $1,387 | $1,662 |
| FY2024 | $767 | $841 | $1,017 | $1,433 | $1,726 |
| FY2023 | $632 | $722 | $869 | $1,235 | $1,480 |
| FY2022 | $600 | $681 | $819 | $1,163 | $1,402 |
| FY2021 | $571 | $668 | $813 | $1,164 | $1,408 |
| FY2020 | $571 | $645 | $799 | $1,153 | $1,403 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $107,000
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $22,500 | $25,700 | $28,900 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $37,450 | $42,800 | $48,150 | $53,500 | $57,800 | $62,100 |
| 80% AMI (Low) | $59,950 | $68,500 | $77,050 | $85,600 | $92,450 | $99,300 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,556/yr
FMR as % of Area Median Income
10.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$38,520/yr
$3,210/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 | $936 | $1,070 | $1,203 | $1,444 | $1,551 |
| 60% AMI Maximum | $1,123 | $1,284 | $1,444 | $1,733 | $1,861 |
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 | $709 | $786 | $963 | $1,339 | $1,615 |
| Low HOME Rent | $936 | $1,070 | $1,203 | $1,337 | $1,445 |