FY2026 Fair Market Rents — Palm Beach County
Studio
$1,788
1BR
$1,901
2BR
$2,254
3BR
$2,920
4BR
$3,388
Palm Beach County, Florida
FIPS 12099 · County-level FMR and income limit data
FMR Area: West Palm Beach-Boca Raton, FL HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,788 | $21,456 |
| 1-Bedroom | $1,901 | $22,812 |
| 2-Bedroom | $2,254 | $27,048 |
| 3-Bedroom | $2,920 | $35,040 |
| 4-Bedroom | $3,388 | $40,656 |
To afford the FY2026 2-bedroom FMR of $2,254/mo under the 30%-of-income rule, a household needs about
$90,160/yr ($7,513/mo). Area Median Income is $107,600.
At FL's state minimum wage of $14.00/hr, a worker would need to work 124 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,788 | $1,901 | $2,254 | $2,920 | $3,388 |
| FY2025 | $1,639 | $1,830 | $2,187 | $2,856 | $3,415 |
| FY2024 | $1,573 | $1,851 | $2,226 | $2,942 | $3,556 |
| FY2023 | $1,258 | $1,538 | $1,881 | $2,513 | $3,074 |
| FY2022 | $1,049 | $1,274 | $1,578 | $2,120 | $2,575 |
| FY2021 | $983 | $1,180 | $1,468 | $1,984 | $2,387 |
| FY2020 | $1,015 | $1,208 | $1,506 | $2,043 | $2,422 |
FY2026 Income Limits
Area Median Income: $107,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $27,000 | $30,850 | $34,700 | $38,550 | $41,650 | $44,750 |
| 50% AMI | $45,000 | $51,400 | $57,850 | $64,250 | $69,400 | $74,550 |
| 80% AMI | $71,950 | $82,250 | $92,550 | $102,800 | $111,050 | $119,250 |