FY2026 Fair Market Rents — Converse County, WY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$777
1BR
$782
2BR
$1,026
3BR
$1,412
4BR
$1,695
Hours/week at min wage
109 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+1.6%
+$16 vs FY2025 · 5-yr +26.5%
Voucher payment standard
$923–$1,129
PHAs set HCV payment at 90–110% of the 2BR FMR
Converse 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) | $777 | $9,324 |
| 1-Bedroom | $782 | $9,384 |
| 2-Bedroom | $1,026 | $12,312 |
| 3-Bedroom | $1,412 | $16,944 |
| 4-Bedroom | $1,695 | $20,340 |
Recent 2-Bedroom FMR Trend
FY2020 $818 → FY2026 $1,026
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $777 | $782 | $1,026 | $1,412 | $1,695 |
| FY2025 | $765 | $770 | $1,010 | $1,279 | $1,661 |
| FY2024 | $770 | $776 | $1,019 | $1,274 | $1,694 |
| FY2023 | $658 | $662 | $872 | $1,061 | $1,482 |
| FY2022 | $669 | $707 | $821 | $1,015 | $1,405 |
| FY2021 | $632 | $699 | $811 | $1,024 | $1,404 |
| FY2020 | $611 | $681 | $818 | $1,137 | $1,436 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $102,800
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $21,600 | $24,700 | $27,800 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $36,000 | $41,150 | $46,300 | $51,400 | $55,550 | $59,650 |
| 80% AMI (Low) | $57,600 | $65,800 | $74,050 | $82,250 | $88,850 | $95,450 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$12,312/yr
FMR as % of Area Median Income
12% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$41,040/yr
$3,420/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 | $899 | $1,028 | $1,156 | $1,387 | $1,490 |
| 60% AMI Maximum | $1,079 | $1,233 | $1,387 | $1,665 | $1,788 |
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 | $777 | $782 | $1,026 | $1,412 | $1,670 |
| Low HOME Rent | $900 | $1,028 | $1,157 | $1,285 | $1,388 |