FY2026 Fair Market Rents — Talbot County
Studio
$1,201
1BR
$1,282
2BR
$1,409
3BR
$1,960
4BR
$2,364
Talbot County, Maryland
FIPS 24041 · County-level FMR and income limit data
FMR Area: Talbot County, MD
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,201 | $14,412 |
| 1-Bedroom | $1,282 | $15,384 |
| 2-Bedroom | $1,409 | $16,908 |
| 3-Bedroom | $1,960 | $23,520 |
| 4-Bedroom | $2,364 | $28,368 |
To afford the FY2026 2-bedroom FMR of $1,409/mo under the 30%-of-income rule, a household needs about
$56,360/yr ($4,697/mo). Area Median Income is $117,500.
At MD's state minimum wage of $15.00/hr, a worker would need to work 73 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,201 | $1,282 | $1,409 | $1,960 | $2,364 |
| FY2025 | $1,210 | $1,257 | $1,392 | $1,951 | $2,338 |
| FY2024 | $1,196 | $1,229 | $1,380 | $1,945 | $2,342 |
| FY2023 | $1,013 | $1,063 | $1,201 | $1,707 | $2,046 |
| FY2022 | $929 | $957 | $1,141 | $1,577 | $1,953 |
| FY2021 | $808 | $851 | $1,076 | $1,467 | $1,863 |
| FY2020 | $862 | $883 | $1,163 | $1,534 | $1,975 |
FY2026 Income Limits
Area Median Income: $117,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $24,700 | $28,200 | $31,750 | $35,250 | $38,680 | $44,360 |
| 50% AMI | $41,150 | $47,000 | $52,900 | $58,750 | $63,450 | $68,150 |
| 80% AMI | $65,800 | $75,200 | $84,600 | $94,000 | $101,550 | $109,050 |