FY2026 Fair Market Rents — Teton County, WY
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,252
1BR
$1,260
2BR
$1,653
3BR
$2,216
4BR
$2,730
Hours/week at min wage
176 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
+5.4%
+$85 vs FY2025 · 5-yr +24.8%
Voucher payment standard
$1,488–$1,818
PHAs set HCV payment at 90–110% of the 2BR FMR
Teton 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) | $1,252 | $15,024 |
| 1-Bedroom | $1,260 | $15,120 |
| 2-Bedroom | $1,653 | $19,836 |
| 3-Bedroom | $2,216 | $26,592 |
| 4-Bedroom | $2,730 | $32,760 |
Recent 2-Bedroom FMR Trend
FY2020 $1,261 → FY2026 $1,653
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,252 | $1,260 | $1,653 | $2,216 | $2,730 |
| FY2025 | $1,186 | $1,194 | $1,568 | $2,090 | $2,607 |
| FY2024 | $1,317 | $1,326 | $1,742 | $2,322 | $2,896 |
| FY2023 | $1,174 | $1,181 | $1,490 | $2,099 | $2,538 |
| FY2022 | $1,151 | $1,158 | $1,408 | $1,988 | $2,410 |
| FY2021 | $1,078 | $1,162 | $1,325 | $1,896 | $2,294 |
| FY2020 | $942 | $1,108 | $1,261 | $1,791 | $2,214 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $148,500
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $31,200 | $35,650 | $40,100 | $44,550 | $48,150 | $51,700 |
| 50% AMI (Very Low) | $52,000 | $59,400 | $66,850 | $74,250 | $80,200 | $86,150 |
| 80% AMI (Low) | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$19,836/yr
FMR as % of Area Median Income
13.4% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$66,120/yr
$5,510/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 | $1,299 | $1,485 | $1,670 | $2,004 | $2,153 |
| 60% AMI Maximum | $1,559 | $1,782 | $2,004 | $2,405 | $2,583 |
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 | $1,252 | $1,260 | $1,653 | $2,216 | $2,413 |
| Low HOME Rent | $1,300 | $1,485 | $1,671 | $1,856 | $2,005 |