FY2026 Fair Market Rents — Hernando County
Studio
$1,593
1BR
$1,696
2BR
$1,977
3BR
$2,527
4BR
$3,077
Hernando County, Florida
FIPS 12053 · County-level FMR and income limit data
FMR Area: Tampa-St. Petersburg-Clearwater, FL MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,593 | $19,116 |
| 1-Bedroom | $1,696 | $20,352 |
| 2-Bedroom | $1,977 | $23,724 |
| 3-Bedroom | $2,527 | $30,324 |
| 4-Bedroom | $3,077 | $36,924 |
To afford the FY2026 2-bedroom FMR of $1,977/mo under the 30%-of-income rule, a household needs about
$79,080/yr ($6,590/mo). Area Median Income is $104,700.
At FL's state minimum wage of $14.00/hr, a worker would need to work 109 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,593 | $1,696 | $1,977 | $2,527 | $3,077 |
| FY2025 | $1,566 | $1,686 | $1,978 | $2,533 | $3,082 |
| FY2024 | $1,449 | $1,562 | $1,851 | $2,367 | $2,888 |
| FY2023 | $1,291 | $1,381 | $1,659 | $2,123 | $2,603 |
| FY2022 | $1,044 | $1,110 | $1,347 | $1,732 | $2,133 |
| FY2021 | $989 | $1,040 | $1,271 | $1,651 | $2,028 |
| FY2020 | $935 | $981 | $1,206 | $1,575 | $1,925 |
FY2026 Income Limits
Area Median Income: $104,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,100 | $27,550 | $31,000 | $34,400 | $38,680 | $44,360 |
| 50% AMI | $40,150 | $45,850 | $51,600 | $57,350 | $61,950 | $66,550 |
| 80% AMI | $64,250 | $73,400 | $82,600 | $91,750 | $99,100 | $106,450 |