FY2026 Fair Market Rents — Mercer County
Studio
$747
1BR
$788
2BR
$987
3BR
$1,287
4BR
$1,307
Mercer County, Ohio
FIPS 39107 · County-level FMR and income limit data
FMR Area: Mercer County, OH
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $747 | $8,964 |
| 1-Bedroom | $788 | $9,456 |
| 2-Bedroom | $987 | $11,844 |
| 3-Bedroom | $1,287 | $15,444 |
| 4-Bedroom | $1,307 | $15,684 |
To afford the FY2026 2-bedroom FMR of $987/mo under the 30%-of-income rule, a household needs about
$39,480/yr ($3,290/mo). Area Median Income is $102,400.
At OH's state minimum wage of $10.70/hr, a worker would need to work 71 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $747 | $788 | $987 | $1,287 | $1,307 |
| FY2025 | $664 | $714 | $884 | $1,168 | $1,172 |
| FY2024 | $639 | $676 | $860 | $1,141 | $1,145 |
| FY2023 | $599 | $603 | $794 | $1,063 | $1,067 |
| FY2022 | $557 | $561 | $738 | $984 | $1,001 |
| FY2021 | $553 | $557 | $734 | $955 | $995 |
| FY2020 | $525 | $528 | $696 | $896 | $944 |
FY2026 Income Limits
Area Median Income: $102,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,500 | $24,600 | $27,650 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,850 | $41,000 | $46,100 | $51,200 | $55,300 | $59,400 |
| 80% AMI | $57,350 | $65,550 | $73,750 | $81,900 | $88,500 | $95,050 |