FY2026 Fair Market Rents — Lake County
Studio
$933
1BR
$1,058
2BR
$1,279
3BR
$1,646
4BR
$1,760
Lake County, Ohio
FIPS 39085 · County-level FMR and income limit data
FMR Area: Cleveland, OH HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $933 | $11,196 |
| 1-Bedroom | $1,058 | $12,696 |
| 2-Bedroom | $1,279 | $15,348 |
| 3-Bedroom | $1,646 | $19,752 |
| 4-Bedroom | $1,760 | $21,120 |
To afford the FY2026 2-bedroom FMR of $1,279/mo under the 30%-of-income rule, a household needs about
$51,160/yr ($4,263/mo). Area Median Income is $105,000.
At OH's state minimum wage of $10.70/hr, a worker would need to work 92 hours/week to afford that rent.
FY2026 Income Limits
Area Median Income: $105,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,050 | $25,200 | $28,350 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $36,750 | $42,000 | $47,250 | $52,500 | $56,700 | $60,900 |
| 80% AMI | $58,800 | $67,200 | $75,600 | $84,000 | $90,750 | $97,450 |