FY2026 Fair Market Rents — Vernon County
Studio
$686
1BR
$703
2BR
$923
3BR
$1,160
4BR
$1,373
Vernon County, Missouri
FIPS 29217 · County-level FMR and income limit data
FMR Area: Vernon County, MO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $686 | $8,232 |
| 1-Bedroom | $703 | $8,436 |
| 2-Bedroom | $923 | $11,076 |
| 3-Bedroom | $1,160 | $13,920 |
| 4-Bedroom | $1,373 | $16,476 |
To afford the FY2026 2-bedroom FMR of $923/mo under the 30%-of-income rule, a household needs about
$36,920/yr ($3,077/mo). Area Median Income is $72,500.
At MO's state minimum wage of $13.75/hr, a worker would need to work 52 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $686 | $703 | $923 | $1,160 | $1,373 |
| FY2025 | $669 | $684 | $897 | $1,096 | $1,352 |
| FY2024 | $652 | $658 | $865 | $1,096 | $1,379 |
| FY2023 | $596 | $615 | $809 | $1,058 | $1,322 |
| FY2022 | $515 | $562 | $722 | $966 | $1,236 |
| FY2021 | $475 | $528 | $688 | $926 | $1,013 |
| FY2020 | $446 | $504 | $664 | $881 | $899 |
FY2026 Income Limits
Area Median Income: $72,500
| 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 |