FY2026 Fair Market Rents — Madison County
Studio
$737
1BR
$742
2BR
$973
3BR
$1,353
4BR
$1,432
Madison County, Texas
FIPS 48313 · County-level FMR and income limit data
FMR Area: Madison County, TX
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $737 | $8,844 |
| 1-Bedroom | $742 | $8,904 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,353 | $16,236 |
| 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 $92,900.
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 | $737 | $742 | $973 | $1,353 | $1,432 |
| FY2025 | $707 | $711 | $933 | $1,296 | $1,395 |
| FY2024 | $743 | $748 | $963 | $1,285 | $1,431 |
| FY2023 | $666 | $769 | $884 | $1,121 | $1,300 |
| FY2022 | $648 | $732 | $876 | $1,083 | $1,279 |
| FY2021 | $650 | $677 | $887 | $1,103 | $1,203 |
| FY2020 | $632 | $647 | $852 | $1,062 | $1,154 |
FY2026 Income Limits
Area Median Income: $92,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,400 | $22,200 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,300 | $36,950 | $41,550 | $46,200 | $49,900 | $53,600 |
| 80% AMI | $51,750 | $59,150 | $66,550 | $73,900 | $79,850 | $85,750 |