FY2026 Fair Market Rents — Calloway County
Studio
$785
1BR
$837
2BR
$1,098
3BR
$1,317
4BR
$1,454
Calloway County, Kentucky
FIPS 21035 · County-level FMR and income limit data
FMR Area: Calloway County, KY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $785 | $9,420 |
| 1-Bedroom | $837 | $10,044 |
| 2-Bedroom | $1,098 | $13,176 |
| 3-Bedroom | $1,317 | $15,804 |
| 4-Bedroom | $1,454 | $17,448 |
To afford the FY2026 2-bedroom FMR of $1,098/mo under the 30%-of-income rule, a household needs about
$43,920/yr ($3,660/mo). Area Median Income is $82,300.
At KY's federal minimum wage of $7.25/hr, a worker would need to work 117 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $785 | $837 | $1,098 | $1,317 | $1,454 |
| FY2025 | $765 | $816 | $1,070 | $1,289 | $1,419 |
| FY2024 | $778 | $810 | $1,064 | $1,287 | $1,417 |
| FY2023 | $695 | $700 | $922 | $1,122 | $1,239 |
| FY2022 | $560 | $632 | $831 | $1,027 | $1,127 |
| FY2021 | $538 | $619 | $816 | $1,042 | $1,107 |
| FY2020 | $488 | $569 | $749 | $1,011 | $1,015 |
FY2026 Income Limits
Area Median Income: $82,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,300 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $28,850 | $32,950 | $37,050 | $41,150 | $44,450 | $47,750 |
| 80% AMI | $46,100 | $52,700 | $59,300 | $65,850 | $71,150 | $76,400 |