FY2026 Fair Market Rents — Gray County
Studio
$785
1BR
$790
2BR
$1,037
3BR
$1,243
4BR
$1,373
Gray County, Texas
FIPS 48179 · County-level FMR and income limit data
FMR Area: Gray County, TX
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $785 | $9,420 |
| 1-Bedroom | $790 | $9,480 |
| 2-Bedroom | $1,037 | $12,444 |
| 3-Bedroom | $1,243 | $14,916 |
| 4-Bedroom | $1,373 | $16,476 |
To afford the FY2026 2-bedroom FMR of $1,037/mo under the 30%-of-income rule, a household needs about
$41,480/yr ($3,457/mo). Area Median Income is $77,400.
At TX's federal minimum wage of $7.25/hr, a worker would need to work 111 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $785 | $790 | $1,037 | $1,243 | $1,373 |
| FY2025 | $732 | $737 | $967 | $1,165 | $1,282 |
| FY2024 | $773 | $779 | $1,023 | $1,237 | $1,362 |
| FY2023 | $610 | $693 | $912 | $1,110 | $1,227 |
| FY2022 | $574 | $654 | $861 | $1,067 | $1,168 |
| FY2021 | $597 | $618 | $814 | $1,107 | $1,204 |
| FY2020 | $576 | $590 | $777 | $1,033 | $1,168 |
FY2026 Income Limits
Area Median Income: $77,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,600 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,300 | $33,500 | $37,700 | $41,850 | $45,200 | $48,550 |
| 80% AMI | $46,900 | $53,600 | $60,300 | $66,950 | $72,350 | $77,700 |