FY2026 Fair Market Rents — New Madrid County
Studio
$661
1BR
$678
2BR
$890
3BR
$1,067
4BR
$1,178
New Madrid County, Missouri
FIPS 29143 · County-level FMR and income limit data
FMR Area: New Madrid County, MO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $661 | $7,932 |
| 1-Bedroom | $678 | $8,136 |
| 2-Bedroom | $890 | $10,680 |
| 3-Bedroom | $1,067 | $12,804 |
| 4-Bedroom | $1,178 | $14,136 |
To afford the FY2026 2-bedroom FMR of $890/mo under the 30%-of-income rule, a household needs about
$35,600/yr ($2,967/mo). Area Median Income is $70,800.
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 | $661 | $678 | $890 | $1,067 | $1,178 |
| FY2025 | $629 | $643 | $843 | $1,017 | $1,118 |
| FY2024 | $629 | $635 | $834 | $1,008 | $1,111 |
| FY2023 | $561 | $579 | $762 | $929 | $1,024 |
| FY2022 | $494 | $526 | $692 | $855 | $938 |
| FY2021 | $457 | $502 | $662 | $823 | $904 |
| FY2020 | $426 | $481 | $634 | $790 | $866 |
FY2026 Income Limits
Area Median Income: $70,800
| 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 |