FY2026 Fair Market Rents — Lake County
Studio
$793
1BR
$929
2BR
$1,150
3BR
$1,599
4BR
$1,929
Lake County, Oregon
FIPS 41037 · County-level FMR and income limit data
FMR Area: Lake County, OR
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $793 | $9,516 |
| 1-Bedroom | $929 | $11,148 |
| 2-Bedroom | $1,150 | $13,800 |
| 3-Bedroom | $1,599 | $19,188 |
| 4-Bedroom | $1,929 | $23,148 |
To afford the FY2026 2-bedroom FMR of $1,150/mo under the 30%-of-income rule, a household needs about
$46,000/yr ($3,833/mo). Area Median Income is $85,700.
At OR's state minimum wage of $14.70/hr, a worker would need to work 61 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $793 | $929 | $1,150 | $1,599 | $1,929 |
| FY2025 | $704 | $814 | $1,014 | $1,421 | $1,703 |
| FY2024 | $678 | $794 | $939 | $1,323 | $1,593 |
| FY2023 | $642 | $765 | $864 | $1,228 | $1,472 |
| FY2022 | $537 | $709 | $808 | $1,138 | $1,359 |
| FY2021 | $501 | $666 | $759 | $1,054 | $1,165 |
| FY2020 | $491 | $634 | $754 | $1,044 | $1,173 |
FY2026 Income Limits
Area Median Income: $85,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,000 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,000 | $34,300 | $38,600 | $42,850 | $46,300 | $49,750 |
| 80% AMI | $48,000 | $54,850 | $61,700 | $68,550 | $74,050 | $79,550 |