FY2026 Fair Market Rents — Franklin County
Studio
$720
1BR
$862
2BR
$1,044
3BR
$1,299
4BR
$1,489
Franklin County, New York
FIPS 36033 · County-level FMR and income limit data
FMR Area: Franklin County, NY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $720 | $8,640 |
| 1-Bedroom | $862 | $10,344 |
| 2-Bedroom | $1,044 | $12,528 |
| 3-Bedroom | $1,299 | $15,588 |
| 4-Bedroom | $1,489 | $17,868 |
To afford the FY2026 2-bedroom FMR of $1,044/mo under the 30%-of-income rule, a household needs about
$41,760/yr ($3,480/mo). Area Median Income is $82,200.
At NY's state minimum wage of $16.50/hr, a worker would need to work 49 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $720 | $862 | $1,044 | $1,299 | $1,489 |
| FY2025 | $674 | $824 | $983 | $1,239 | $1,430 |
| FY2024 | $613 | $763 | $905 | $1,151 | $1,310 |
| FY2023 | $552 | $710 | $826 | $1,048 | $1,152 |
| FY2022 | $518 | $679 | $780 | $1,016 | $1,058 |
| FY2021 | $532 | $680 | $775 | $1,041 | $1,051 |
| FY2020 | $533 | $652 | $744 | $993 | $1,008 |
FY2026 Income Limits
Area Median Income: $82,200
| 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 |