FY2026 Fair Market Rents — Caroline County
Studio
$995
1BR
$1,001
2BR
$1,314
3BR
$1,642
4BR
$2,184
Caroline County, Maryland
FIPS 24011 · County-level FMR and income limit data
FMR Area: Caroline County, MD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $995 | $11,940 |
| 1-Bedroom | $1,001 | $12,012 |
| 2-Bedroom | $1,314 | $15,768 |
| 3-Bedroom | $1,642 | $19,704 |
| 4-Bedroom | $2,184 | $26,208 |
To afford the FY2026 2-bedroom FMR of $1,314/mo under the 30%-of-income rule, a household needs about
$52,560/yr ($4,380/mo). Area Median Income is $88,800.
At MD's state minimum wage of $15.00/hr, a worker would need to work 68 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $995 | $1,001 | $1,314 | $1,642 | $2,184 |
| FY2025 | $981 | $987 | $1,295 | $1,688 | $2,153 |
| FY2024 | $931 | $938 | $1,232 | $1,669 | $2,058 |
| FY2023 | $794 | $800 | $1,052 | $1,426 | $1,790 |
| FY2022 | $723 | $728 | $958 | $1,312 | $1,600 |
| FY2021 | $677 | $711 | $937 | $1,238 | $1,524 |
| FY2020 | $727 | $732 | $964 | $1,263 | $1,514 |
FY2026 Income Limits
Area Median Income: $88,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,950 | $22,800 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,250 | $38,000 | $42,750 | $47,500 | $51,300 | $55,100 |
| 80% AMI | $53,200 | $60,800 | $68,400 | $76,000 | $82,100 | $88,200 |