FY2026 Fair Market Rents — Madison County
Studio
$963
1BR
$1,008
2BR
$1,105
3BR
$1,537
4BR
$1,797
Madison County, Idaho
FIPS 16065 · County-level FMR and income limit data
FMR Area: Madison County, ID
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $963 | $11,556 |
| 1-Bedroom | $1,008 | $12,096 |
| 2-Bedroom | $1,105 | $13,260 |
| 3-Bedroom | $1,537 | $18,444 |
| 4-Bedroom | $1,797 | $21,564 |
To afford the FY2026 2-bedroom FMR of $1,105/mo under the 30%-of-income rule, a household needs about
$44,200/yr ($3,683/mo). Area Median Income is $69,500.
At ID's federal minimum wage of $7.25/hr, a worker would need to work 118 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $963 | $1,008 | $1,105 | $1,537 | $1,797 |
| FY2025 | $873 | $907 | $1,004 | $1,407 | $1,650 |
| FY2024 | $916 | $929 | $1,057 | $1,490 | $1,794 |
| FY2023 | $805 | $806 | $930 | $1,322 | $1,584 |
| FY2022 | $717 | $730 | $832 | $1,182 | $1,424 |
| FY2021 | $686 | $702 | $800 | $1,145 | $1,385 |
| FY2020 | $656 | $676 | $769 | $1,109 | $1,350 |
FY2026 Income Limits
Area Median Income: $69,500
| 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 |