FY2026 Fair Market Rents — Franklin County
Studio
$861
1BR
$885
2BR
$1,107
3BR
$1,327
4BR
$1,629
Franklin County, Texas
FIPS 48159 · County-level FMR and income limit data
FMR Area: Franklin County, TX
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $861 | $10,332 |
| 1-Bedroom | $885 | $10,620 |
| 2-Bedroom | $1,107 | $13,284 |
| 3-Bedroom | $1,327 | $15,924 |
| 4-Bedroom | $1,629 | $19,548 |
To afford the FY2026 2-bedroom FMR of $1,107/mo under the 30%-of-income rule, a household needs about
$44,280/yr ($3,690/mo). Area Median Income is $86,300.
At TX's federal minimum wage of $7.25/hr, a worker would need to work 118 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $861 | $885 | $1,107 | $1,327 | $1,629 |
| FY2025 | $797 | $802 | $1,052 | $1,267 | $1,573 |
| FY2024 | $836 | $842 | $1,106 | $1,337 | $1,644 |
| FY2023 | $734 | $739 | $973 | $1,184 | $1,353 |
| FY2022 | $639 | $661 | $864 | $1,094 | $1,314 |
| FY2021 | $568 | $645 | $774 | $1,017 | $1,340 |
| FY2020 | $529 | $589 | $714 | $958 | $1,254 |
FY2026 Income Limits
Area Median Income: $86,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,150 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,250 | $34,550 | $38,850 | $43,150 | $46,650 | $50,100 |
| 80% AMI | $48,350 | $55,250 | $62,150 | $69,050 | $74,600 | $80,100 |