FY2026 Fair Market Rents — Wallace County
Studio
$643
1BR
$758
2BR
$877
3BR
$1,220
4BR
$1,276
Wallace County, Kansas
FIPS 20199 · County-level FMR and income limit data
FMR Area: Wallace County, KS
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $643 | $7,716 |
| 1-Bedroom | $758 | $9,096 |
| 2-Bedroom | $877 | $10,524 |
| 3-Bedroom | $1,220 | $14,640 |
| 4-Bedroom | $1,276 | $15,312 |
To afford the FY2026 2-bedroom FMR of $877/mo under the 30%-of-income rule, a household needs about
$35,080/yr ($2,923/mo). Area Median Income is $93,600.
At KS's federal minimum wage of $7.25/hr, a worker would need to work 94 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $643 | $758 | $877 | $1,220 | $1,276 |
| FY2025 | $625 | $665 | $872 | $1,151 | $1,251 |
| FY2024 | $633 | $671 | $882 | $1,101 | $1,244 |
| FY2023 | $584 | $599 | $788 | $959 | $1,117 |
| FY2022 | $560 | $564 | $742 | $917 | $1,064 |
| FY2021 | $543 | $545 | $718 | $903 | $1,042 |
| FY2020 | $524 | $555 | $714 | $968 | $1,039 |
FY2026 Income Limits
Area Median Income: $93,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,700 | $22,500 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,800 | $37,450 | $42,150 | $46,800 | $50,550 | $54,300 |
| 80% AMI | $52,450 | $59,950 | $67,450 | $74,900 | $80,900 | $86,900 |