FY2026 Fair Market Rents — Benton County
Studio
$1,350
1BR
$1,451
2BR
$1,824
3BR
$2,537
4BR
$2,862
Benton County, Oregon
FIPS 41003 · County-level FMR and income limit data
FMR Area: Corvallis, OR MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,350 | $16,200 |
| 1-Bedroom | $1,451 | $17,412 |
| 2-Bedroom | $1,824 | $21,888 |
| 3-Bedroom | $2,537 | $30,444 |
| 4-Bedroom | $2,862 | $34,344 |
To afford the FY2026 2-bedroom FMR of $1,824/mo under the 30%-of-income rule, a household needs about
$72,960/yr ($6,080/mo). Area Median Income is $125,000.
At OR's state minimum wage of $14.70/hr, a worker would need to work 96 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,350 | $1,451 | $1,824 | $2,537 | $2,862 |
| FY2025 | $1,200 | $1,279 | $1,643 | $2,302 | $2,490 |
| FY2024 | $1,192 | $1,236 | $1,570 | $2,212 | $2,495 |
| FY2023 | $1,107 | $1,158 | $1,430 | $2,032 | $2,410 |
| FY2022 | $1,000 | $1,065 | $1,272 | $1,807 | $2,177 |
| FY2021 | $932 | $1,031 | $1,217 | $1,742 | $2,107 |
| FY2020 | $869 | $991 | $1,177 | $1,698 | $2,066 |
FY2026 Income Limits
Area Median Income: $125,000
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $26,250 | $30,000 | $33,750 | $37,500 | $40,500 | $44,360 |
| 50% AMI | $43,750 | $50,000 | $56,250 | $62,500 | $67,500 | $72,500 |
| 80% AMI | $70,000 | $80,000 | $90,000 | $100,000 | $108,000 | $116,000 |