FY2026 Fair Market Rents — Buchanan County
Studio
$774
1BR
$832
2BR
$1,077
3BR
$1,363
4BR
$1,566
Buchanan County, Missouri
FIPS 29021 · County-level FMR and income limit data
FMR Area: St. Joseph, MO-KS MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $774 | $9,288 |
| 1-Bedroom | $832 | $9,984 |
| 2-Bedroom | $1,077 | $12,924 |
| 3-Bedroom | $1,363 | $16,356 |
| 4-Bedroom | $1,566 | $18,792 |
To afford the FY2026 2-bedroom FMR of $1,077/mo under the 30%-of-income rule, a household needs about
$43,080/yr ($3,590/mo). Area Median Income is $91,800.
At MO's state minimum wage of $13.75/hr, a worker would need to work 61 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $774 | $832 | $1,077 | $1,363 | $1,566 |
| FY2025 | $710 | $789 | $1,035 | $1,315 | $1,472 |
| FY2024 | $653 | $734 | $964 | $1,223 | $1,331 |
| FY2023 | $598 | $680 | $895 | $1,161 | $1,255 |
| FY2022 | $547 | $626 | $824 | $1,088 | $1,171 |
| FY2021 | $539 | $620 | $817 | $1,096 | $1,169 |
| FY2020 | $555 | $610 | $797 | $1,064 | $1,142 |
FY2026 Income Limits
Area Median Income: $91,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,250 | $22,000 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,100 | $36,700 | $41,300 | $45,850 | $49,550 | $53,200 |
| 80% AMI | $51,350 | $58,700 | $66,050 | $73,350 | $79,250 | $85,100 |