FY2026 Fair Market Rents — Lipscomb County
Studio
$756
1BR
$778
2BR
$973
3BR
$1,270
4BR
$1,432
Lipscomb County, Texas
FIPS 48295 · County-level FMR and income limit data
FMR Area: Lipscomb County, TX
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $756 | $9,072 |
| 1-Bedroom | $778 | $9,336 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,270 | $15,240 |
| 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 $86,200.
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 | $778 | $973 | $1,270 | $1,432 |
| FY2025 | $732 | $752 | $933 | $1,124 | $1,395 |
| FY2024 | $742 | $767 | $953 | $1,152 | $1,416 |
| FY2023 | $650 | $686 | $862 | $1,059 | $1,268 |
| FY2022 | $593 | $636 | $802 | $1,003 | $1,171 |
| FY2021 | $555 | $601 | $757 | $995 | $1,034 |
| FY2020 | $529 | $570 | $714 | $979 | $1,006 |
FY2026 Income Limits
Area Median Income: $86,200
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,100 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,200 | $34,500 | $38,800 | $43,100 | $46,550 | $50,000 |
| 80% AMI | $48,300 | $55,200 | $62,100 | $68,950 | $74,500 | $80,000 |