FY2026 Fair Market Rents — Wayne County
Studio
$660
1BR
$810
2BR
$888
3BR
$1,065
4BR
$1,490
Wayne County, Missouri
FIPS 29223 · County-level FMR and income limit data
FMR Area: Wayne County, MO
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $660 | $7,920 |
| 1-Bedroom | $810 | $9,720 |
| 2-Bedroom | $888 | $10,656 |
| 3-Bedroom | $1,065 | $12,780 |
| 4-Bedroom | $1,490 | $17,880 |
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 $60,400.
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 | $810 | $888 | $1,065 | $1,490 |
| FY2025 | $615 | $744 | $824 | $1,000 | $1,384 |
| FY2024 | $601 | $699 | $797 | $1,027 | $1,353 |
| FY2023 | $549 | $568 | $746 | $978 | $1,271 |
| FY2022 | $500 | $521 | $685 | $914 | $1,170 |
| FY2021 | $476 | $502 | $662 | $858 | $1,007 |
| FY2020 | $447 | $481 | $634 | $804 | $882 |
FY2026 Income Limits
Area Median Income: $60,400
| 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 |