FY2026 Fair Market Rents — St. Thomas Island, VI
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$1,024
1BR
$1,189
2BR
$1,467
3BR
$1,759
4BR
$1,942
Hours/week at min wage
156 hrs
to afford the 2BR FMR @ $7.25/hr (federal)
YoY change (2BR)
-8.6%
$138 vs FY2025 · 5-yr +21.8%
Voucher payment standard
$1,320–$1,614
PHAs set HCV payment at 90–110% of the 2BR FMR
St. Thomas Island, VI
Non-Metropolitan area · VI · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,024 | $12,288 |
| 1-Bedroom | $1,189 | $14,268 |
| 2-Bedroom | $1,467 | $17,604 |
| 3-Bedroom | $1,759 | $21,108 |
| 4-Bedroom | $1,942 | $23,304 |
Recent 2-Bedroom FMR Trend
FY2020 $1,152 → FY2026 $1,467
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,024 | $1,189 | $1,467 | $1,759 | $1,942 |
| FY2025 | $1,101 | $1,282 | $1,605 | $1,934 | $2,128 |
| FY2024 | $1,059 | $1,249 | $1,563 | $1,890 | $2,082 |
| FY2023 | $903 | $1,079 | $1,350 | $1,643 | $1,814 |
| FY2022 | $832 | $1,001 | $1,253 | $1,549 | $1,699 |
| FY2021 | $797 | $962 | $1,204 | $1,498 | $1,633 |
| FY2020 | $763 | $921 | $1,152 | $1,436 | $1,561 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $69,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $18,550 | $21,200 | $23,850 | $26,450 | $28,600 | $30,700 |
| 50% AMI (Very Low) | $30,900 | $35,300 | $39,700 | $44,100 | $47,650 | $51,200 |
| 80% AMI (Low) | $49,400 | $56,450 | $63,550 | $70,550 | $76,200 | $81,850 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$17,604/yr
FMR as % of Area Median Income
25.3% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$58,680/yr
$4,890/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 | $609 | $696 | $783 | $939 | $1,009 |
| 60% AMI Maximum | $730 | $835 | $939 | $1,127 | $1,211 |
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 | $1,024 | $1,131 | $1,131 | $1,131 | $1,131 |
| Low HOME Rent | $772 | $882 | $992 | $1,102 | $1,191 |