FY2026 Fair Market Rents — Allegany County
Studio
$750
1BR
$754
2BR
$974
3BR
$1,243
4BR
$1,464
Allegany County, New York
FIPS 36003 · County-level FMR and income limit data
FMR Area: Allegany County, NY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $750 | $9,000 |
| 1-Bedroom | $754 | $9,048 |
| 2-Bedroom | $974 | $11,688 |
| 3-Bedroom | $1,243 | $14,916 |
| 4-Bedroom | $1,464 | $17,568 |
To afford the FY2026 2-bedroom FMR of $974/mo under the 30%-of-income rule, a household needs about
$38,960/yr ($3,247/mo). Area Median Income is $86,700.
At NY's state minimum wage of $16.50/hr, a worker would need to work 46 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $750 | $754 | $974 | $1,243 | $1,464 |
| FY2025 | $700 | $745 | $933 | $1,167 | $1,362 |
| FY2024 | $676 | $731 | $905 | $1,130 | $1,288 |
| FY2023 | $616 | $669 | $826 | $1,028 | $1,198 |
| FY2022 | $569 | $613 | $757 | $969 | $1,119 |
| FY2021 | $550 | $592 | $734 | $951 | $1,103 |
| FY2020 | $541 | $583 | $714 | $923 | $1,099 |
FY2026 Income Limits
Area Median Income: $86,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,900 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,500 | $36,000 | $40,500 | $44,950 | $48,550 | $52,150 |
| 80% AMI | $50,350 | $57,550 | $64,750 | $71,900 | $77,700 | $83,450 |