FY2026 Fair Market Rents — Hot Springs County, WY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$729
1BR
$734
2BR
$963
3BR
$1,339
4BR
$1,577
Hours/week at min wage
103 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+3.2%
+$30 vs FY2025 · 5-yr +20.4%
Voucher payment standard
$867–$1,059
PHAs set HCV payment at 90–110% of the 2BR FMR
Hot Springs 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) | $729 | $8,748 |
| 1-Bedroom | $734 | $8,808 |
| 2-Bedroom | $963 | $11,556 |
| 3-Bedroom | $1,339 | $16,068 |
| 4-Bedroom | $1,577 | $18,924 |
Recent 2-Bedroom FMR Trend
FY2020 $785 → FY2026 $963
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $729 | $734 | $963 | $1,339 | $1,577 |
| FY2025 | $707 | $711 | $933 | $1,307 | $1,520 |
| FY2024 | $684 | $689 | $905 | $1,275 | $1,536 |
| FY2023 | $636 | $640 | $843 | $1,132 | $1,433 |
| FY2022 | $610 | $614 | $808 | $999 | $1,383 |
| FY2021 | $603 | $607 | $800 | $995 | $1,385 |
| FY2020 | $511 | $620 | $785 | $978 | $1,378 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $80,400
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $20,900 | $23,850 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $34,800 | $39,800 | $44,750 | $49,700 | $53,700 | $57,700 |
| 80% AMI (Low) | $55,650 | $63,600 | $71,550 | $79,500 | $85,900 | $92,250 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$11,556/yr
FMR as % of Area Median Income
14.4% 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 | $703 | $804 | $904 | $1,085 | $1,165 |
| 60% AMI Maximum | $844 | $964 | $1,085 | $1,302 | $1,398 |
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 | $729 | $734 | $963 | $1,306 | $1,306 |
| Low HOME Rent | $870 | $995 | $1,118 | $1,242 | $1,342 |