FY2026 Fair Market Rents — Montgomery County
Studio
$892
1BR
$899
2BR
$1,102
3BR
$1,381
4BR
$1,484
Montgomery County, New York
FIPS 36057 · County-level FMR and income limit data
FMR Area: Montgomery County, NY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $892 | $10,704 |
| 1-Bedroom | $899 | $10,788 |
| 2-Bedroom | $1,102 | $13,224 |
| 3-Bedroom | $1,381 | $16,572 |
| 4-Bedroom | $1,484 | $17,808 |
To afford the FY2026 2-bedroom FMR of $1,102/mo under the 30%-of-income rule, a household needs about
$44,080/yr ($3,673/mo). Area Median Income is $95,500.
At NY's state minimum wage of $16.50/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 | $892 | $899 | $1,102 | $1,381 | $1,484 |
| FY2025 | $765 | $864 | $1,026 | $1,306 | $1,368 |
| FY2024 | $745 | $780 | $914 | $1,166 | $1,251 |
| FY2023 | $747 | $751 | $889 | $1,115 | $1,219 |
| FY2022 | $692 | $696 | $820 | $1,028 | $1,135 |
| FY2021 | $706 | $711 | $845 | $1,051 | $1,172 |
| FY2020 | $660 | $664 | $787 | $981 | $1,112 |
FY2026 Income Limits
Area Median Income: $95,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,100 | $22,950 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,450 | $38,200 | $43,000 | $47,750 | $51,600 | $55,400 |
| 80% AMI | $53,500 | $61,150 | $68,800 | $76,400 | $82,550 | $88,650 |