FY2026 Fair Market Rents — Val Verde County
Studio
$857
1BR
$863
2BR
$1,064
3BR
$1,450
4BR
$1,455
Val Verde County, Texas
FIPS 48465 · County-level FMR and income limit data
FMR Area: Val Verde County, TX
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $857 | $10,284 |
| 1-Bedroom | $863 | $10,356 |
| 2-Bedroom | $1,064 | $12,768 |
| 3-Bedroom | $1,450 | $17,400 |
| 4-Bedroom | $1,455 | $17,460 |
To afford the FY2026 2-bedroom FMR of $1,064/mo under the 30%-of-income rule, a household needs about
$42,560/yr ($3,547/mo). Area Median Income is $77,600.
At TX's federal minimum wage of $7.25/hr, a worker would need to work 113 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $857 | $863 | $1,064 | $1,450 | $1,455 |
| FY2025 | $761 | $766 | $980 | $1,294 | $1,299 |
| FY2024 | $764 | $769 | $1,011 | $1,341 | $1,346 |
| FY2023 | $679 | $684 | $900 | $1,207 | $1,324 |
| FY2022 | $616 | $620 | $816 | $1,134 | $1,191 |
| FY2021 | $600 | $604 | $796 | $1,075 | $1,079 |
| FY2020 | $529 | $542 | $714 | $964 | $967 |
FY2026 Income Limits
Area Median Income: $77,600
| 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 |