FY2026 Fair Market Rents — Gaines County
Studio
$756
1BR
$832
2BR
$973
3BR
$1,167
4BR
$1,432
Gaines County, Texas
FIPS 48165 · County-level FMR and income limit data
FMR Area: Gaines County, TX
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $756 | $9,072 |
| 1-Bedroom | $832 | $9,984 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,167 | $14,004 |
| 4-Bedroom | $1,432 | $17,184 |
To afford the FY2026 2-bedroom FMR of $973/mo under the 30%-of-income rule, a household needs about
$38,920/yr ($3,243/mo). Area Median Income is $87,900.
At TX's federal minimum wage of $7.25/hr, a worker would need to work 104 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $756 | $832 | $973 | $1,167 | $1,432 |
| FY2025 | $732 | $808 | $933 | $1,124 | $1,395 |
| FY2024 | $735 | $760 | $944 | $1,141 | $1,403 |
| FY2023 | $624 | $659 | $828 | $1,008 | $1,218 |
| FY2022 | $560 | $600 | $757 | $1,054 | $1,105 |
| FY2021 | $538 | $582 | $734 | $1,050 | $1,129 |
| FY2020 | $529 | $570 | $714 | $1,030 | $1,254 |
FY2026 Income Limits
Area Median Income: $87,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,250 | $22,000 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,100 | $36,700 | $41,250 | $45,800 | $49,500 | $53,200 |
| 80% AMI | $51,350 | $58,650 | $66,000 | $73,300 | $79,200 | $85,050 |