FY2026 Fair Market Rents — Banks County
Studio
$765
1BR
$770
2BR
$973
3BR
$1,217
4BR
$1,395
Banks County, Georgia
FIPS 13011 · County-level FMR and income limit data
FMR Area: Banks County, GA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $765 | $9,180 |
| 1-Bedroom | $770 | $9,240 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,217 | $14,604 |
| 4-Bedroom | $1,395 | $16,740 |
To afford the FY2026 2-bedroom FMR of $973/mo under the 30%-of-income rule, a household needs about
$38,920/yr ($3,243/mo). Area Median Income is $94,900.
At GA's federal minimum wage of $7.25/hr, a worker would need to work 104 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $765 | $770 | $973 | $1,217 | $1,395 |
| FY2025 | $773 | $817 | $905 | $1,261 | $1,520 |
| FY2024 | $758 | $773 | $885 | $1,070 | $1,451 |
| FY2023 | $681 | $700 | $811 | $987 | $1,240 |
| FY2022 | $602 | $606 | $762 | $942 | $1,056 |
| FY2021 | $586 | $596 | $684 | $851 | $944 |
| FY2020 | $570 | $587 | $668 | $862 | $946 |
FY2026 Income Limits
Area Median Income: $94,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,600 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,950 | $35,400 | $39,800 | $44,250 | $47,750 | $51,300 |
| 80% AMI | $49,550 | $56,600 | $63,700 | $70,750 | $76,450 | $82,100 |