FY2026 Fair Market Rents — Miami-Dade County
Studio
$1,828
1BR
$1,995
2BR
$2,436
3BR
$3,127
4BR
$3,613
Miami-Dade County, Florida
FIPS 12086 · County-level FMR and income limit data
FMR Area: Miami-Miami Beach-Kendall, FL HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,828 | $21,936 |
| 1-Bedroom | $1,995 | $23,940 |
| 2-Bedroom | $2,436 | $29,232 |
| 3-Bedroom | $3,127 | $37,524 |
| 4-Bedroom | $3,613 | $43,356 |
To afford the FY2026 2-bedroom FMR of $2,436/mo under the 30%-of-income rule, a household needs about
$97,440/yr ($8,120/mo). Area Median Income is $89,800.
At FL's state minimum wage of $14.00/hr, a worker would need to work 134 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,828 | $1,995 | $2,436 | $3,127 | $3,613 |
| FY2025 | $1,711 | $1,898 | $2,329 | $3,008 | $3,527 |
| FY2024 | $1,683 | $1,884 | $2,324 | $3,027 | $3,589 |
| FY2023 | $1,362 | $1,546 | $1,923 | $2,530 | $2,997 |
| FY2022 | $1,162 | $1,332 | $1,672 | $2,220 | $2,631 |
| FY2021 | $1,057 | $1,231 | $1,551 | $2,068 | $2,483 |
| FY2020 | $1,084 | $1,285 | $1,625 | $2,164 | $2,621 |
FY2026 Income Limits
Area Median Income: $89,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $28,600 | $32,700 | $36,800 | $40,850 | $44,150 | $47,400 |
| 50% AMI | $47,700 | $54,500 | $61,300 | $68,100 | $73,550 | $79,000 |
| 80% AMI | $76,300 | $87,200 | $98,100 | $109,000 | $117,750 | $126,450 |