FY2026 Fair Market Rents — Niobrara County, WY

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

Studio
$904
1BR
$910
2BR
$1,186
3BR
$1,632
4BR
$1,959
Hours/week at min wage
126 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+24.3%
+$232 vs FY2025 · 5-yr +61.6%
Voucher payment standard
$1,067–$1,305
PHAs set HCV payment at 90–110% of the 2BR FMR

Niobrara 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) $904 $10,848
1-Bedroom $910 $10,920
2-Bedroom $1,186 $14,232
3-Bedroom $1,632 $19,584
4-Bedroom $1,959 $23,508

Recent 2-Bedroom FMR Trend

FY2020 $714 → FY2026 $1,186
Fiscal Year Studio 1BR 2BR 3BR 4BR
FY2026 $904 $910 $1,186 $1,632 $1,959
FY2025 $725 $729 $954 $1,309 $1,569
FY2024 $700 $705 $905 $1,257 $1,505
FY2023 $641 $645 $826 $1,155 $1,404
FY2022 $592 $596 $757 $1,053 $1,296
FY2021 $553 $557 $734 $1,042 $1,271
FY2020 $534 $542 $714 $1,018 $1,254

View full FMR history back to FY2000 →

FY2026 Income Limits

Area Median Income (AMI): $84,000

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
$14,232/yr
FMR as % of Area Median Income
16.9% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$47,440/yr
$3,953/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 $734 $840 $945 $1,134 $1,218
60% AMI Maximum $882 $1,008 $1,134 $1,360 $1,461

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 $904 $910 $1,186 $1,365 $1,365
Low HOME Rent $870 $995 $1,118 $1,242 $1,342

Compare Niobrara County, WY With Other WY Metros

vs. Casper, WY MSA vs. Cheyenne, WY MSA

Counties in This FMR Area

Niobrara County

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