FY2026 Fair Market Rents — Morgan County
Studio
$660
1BR
$745
2BR
$888
3BR
$1,171
4BR
$1,176
Morgan County, Missouri
FIPS 29141 · County-level FMR and income limit data
FMR Area: Morgan County, MO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $660 | $7,920 |
| 1-Bedroom | $745 | $8,940 |
| 2-Bedroom | $888 | $10,656 |
| 3-Bedroom | $1,171 | $14,052 |
| 4-Bedroom | $1,176 | $14,112 |
To afford the FY2026 2-bedroom FMR of $888/mo under the 30%-of-income rule, a household needs about
$35,520/yr ($2,960/mo). Area Median Income is $75,200.
At MO's state minimum wage of $13.75/hr, a worker would need to work 50 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $660 | $745 | $888 | $1,171 | $1,176 |
| FY2025 | $615 | $681 | $824 | $1,088 | $1,092 |
| FY2024 | $601 | $707 | $797 | $1,057 | $1,061 |
| FY2023 | $549 | $660 | $746 | $998 | $1,002 |
| FY2022 | $489 | $601 | $685 | $925 | $929 |
| FY2021 | $457 | $544 | $662 | $894 | $898 |
| FY2020 | $426 | $485 | $634 | $856 | $859 |
FY2026 Income Limits
Area Median Income: $75,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,300 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $27,150 | $31,000 | $34,900 | $38,750 | $41,850 | $44,950 |
| 80% AMI | $43,400 | $49,600 | $55,800 | $62,000 | $67,000 | $71,950 |