FY2026 Fair Market Rents — Bingham County
Studio
$737
1BR
$742
2BR
$973
3BR
$1,353
4BR
$1,632
Bingham County, Idaho
FIPS 16011 · County-level FMR and income limit data
FMR Area: Bingham County, ID
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $737 | $8,844 |
| 1-Bedroom | $742 | $8,904 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,353 | $16,236 |
| 4-Bedroom | $1,632 | $19,584 |
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 $95,100.
At ID'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 | $737 | $742 | $973 | $1,353 | $1,632 |
| FY2025 | $707 | $711 | $933 | $1,307 | $1,567 |
| FY2024 | $665 | $689 | $905 | $1,275 | $1,511 |
| FY2023 | $629 | $633 | $833 | $1,184 | $1,342 |
| FY2022 | $590 | $594 | $782 | $1,111 | $1,309 |
| FY2021 | $567 | $571 | $752 | $1,076 | $1,241 |
| FY2020 | $549 | $565 | $744 | $990 | $1,223 |
FY2026 Income Limits
Area Median Income: $95,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,000 | $22,850 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,300 | $38,050 | $42,800 | $47,550 | $51,400 | $55,200 |
| 80% AMI | $53,300 | $60,900 | $68,500 | $76,100 | $82,200 | $88,300 |