FY2026 Fair Market Rents — Polk County
Studio
$1,181
1BR
$1,201
2BR
$1,560
3BR
$2,159
4BR
$2,338
Polk County, Oregon
FIPS 41053 · County-level FMR and income limit data
FMR Area: Salem, OR MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,181 | $14,172 |
| 1-Bedroom | $1,201 | $14,412 |
| 2-Bedroom | $1,560 | $18,720 |
| 3-Bedroom | $2,159 | $25,908 |
| 4-Bedroom | $2,338 | $28,056 |
To afford the FY2026 2-bedroom FMR of $1,560/mo under the 30%-of-income rule, a household needs about
$62,400/yr ($5,200/mo). Area Median Income is $103,400.
At OR's state minimum wage of $14.70/hr, a worker would need to work 82 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,181 | $1,201 | $1,560 | $2,159 | $2,338 |
| FY2025 | $1,147 | $1,198 | $1,543 | $2,148 | $2,334 |
| FY2024 | $997 | $1,053 | $1,340 | $1,888 | $2,095 |
| FY2023 | $924 | $978 | $1,245 | $1,769 | $2,037 |
| FY2022 | $846 | $882 | $1,132 | $1,608 | $1,938 |
| FY2021 | $798 | $836 | $1,093 | $1,564 | $1,892 |
| FY2020 | $709 | $761 | $1,001 | $1,444 | $1,757 |
FY2026 Income Limits
Area Median Income: $103,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,400 | $24,450 | $27,500 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $35,650 | $40,750 | $45,850 | $50,900 | $55,000 | $59,050 |
| 80% AMI | $57,050 | $65,200 | $73,350 | $81,450 | $88,000 | $94,500 |