FY2026 Fair Market Rents — Elmore County
Studio
$902
1BR
$908
2BR
$1,192
3BR
$1,658
4BR
$2,000
Elmore County, Idaho
FIPS 16039 · County-level FMR and income limit data
FMR Area: Elmore County, ID
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $902 | $10,824 |
| 1-Bedroom | $908 | $10,896 |
| 2-Bedroom | $1,192 | $14,304 |
| 3-Bedroom | $1,658 | $19,896 |
| 4-Bedroom | $2,000 | $24,000 |
To afford the FY2026 2-bedroom FMR of $1,192/mo under the 30%-of-income rule, a household needs about
$47,680/yr ($3,973/mo). Area Median Income is $85,100.
At ID's federal minimum wage of $7.25/hr, a worker would need to work 127 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $902 | $908 | $1,192 | $1,658 | $2,000 |
| FY2025 | $776 | $781 | $1,025 | $1,436 | $1,642 |
| FY2024 | $769 | $797 | $1,047 | $1,475 | $1,717 |
| FY2023 | $718 | $723 | $950 | $1,350 | $1,573 |
| FY2022 | $681 | $697 | $875 | $1,243 | $1,469 |
| FY2021 | $616 | $657 | $812 | $1,162 | $1,394 |
| FY2020 | $585 | $613 | $794 | $1,115 | $1,361 |
FY2026 Income Limits
Area Median Income: $85,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,500 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,800 | $35,200 | $39,600 | $44,000 | $47,550 | $51,050 |
| 80% AMI | $49,300 | $56,350 | $63,400 | $70,400 | $76,050 | $81,700 |