FY2026 Fair Market Rents — Merced County
Studio
$1,116
1BR
$1,213
2BR
$1,503
3BR
$2,067
4BR
$2,503
Merced County, California
FIPS 06047 · County-level FMR and income limit data
FMR Area: Merced, CA MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,116 | $13,392 |
| 1-Bedroom | $1,213 | $14,556 |
| 2-Bedroom | $1,503 | $18,036 |
| 3-Bedroom | $2,067 | $24,804 |
| 4-Bedroom | $2,503 | $30,036 |
To afford the FY2026 2-bedroom FMR of $1,503/mo under the 30%-of-income rule, a household needs about
$60,120/yr ($5,010/mo). Area Median Income is $75,800.
At CA's state minimum wage of $16.50/hr, a worker would need to work 71 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,116 | $1,213 | $1,503 | $2,067 | $2,503 |
| FY2025 | $1,071 | $1,227 | $1,509 | $2,081 | $2,534 |
| FY2024 | $994 | $1,159 | $1,420 | $1,995 | $2,410 |
| FY2023 | $854 | $1,017 | $1,243 | $1,767 | $2,117 |
| FY2022 | $766 | $914 | $1,120 | $1,591 | $1,917 |
| FY2021 | $724 | $882 | $1,067 | $1,527 | $1,847 |
| FY2020 | $651 | $782 | $947 | $1,366 | $1,652 |
FY2026 Income Limits
Area Median Income: $75,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,450 | $23,350 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,000 | $38,850 | $43,700 | $48,550 | $52,450 | $56,350 |
| 80% AMI | $54,400 | $62,200 | $69,950 | $77,700 | $83,950 | $90,150 |