FY2026 Fair Market Rents — Wise County
Studio
$912
1BR
$918
2BR
$1,205
3BR
$1,676
4BR
$2,021
Wise County, Texas
FIPS 48497 · County-level FMR and income limit data
FMR Area: Wise County, TX HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $912 | $10,944 |
| 1-Bedroom | $918 | $11,016 |
| 2-Bedroom | $1,205 | $14,460 |
| 3-Bedroom | $1,676 | $20,112 |
| 4-Bedroom | $2,021 | $24,252 |
To afford the FY2026 2-bedroom FMR of $1,205/mo under the 30%-of-income rule, a household needs about
$48,200/yr ($4,017/mo). Area Median Income is $112,300.
At TX's federal minimum wage of $7.25/hr, a worker would need to work 128 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $912 | $918 | $1,205 | $1,676 | $2,021 |
| FY2025 | $974 | $1,006 | $1,196 | $1,676 | $1,910 |
| FY2024 | $946 | $1,047 | $1,175 | $1,656 | $1,800 |
| FY2023 | $925 | $946 | $1,068 | $1,517 | $1,544 |
| FY2022 | $857 | $872 | $994 | $1,335 | $1,399 |
| FY2021 | $932 | $954 | $1,087 | $1,401 | $1,496 |
| FY2020 | $902 | $929 | $1,057 | $1,317 | $1,482 |
FY2026 Income Limits
Area Median Income: $112,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $23,600 | $27,000 | $30,350 | $33,700 | $38,680 | $44,360 |
| 50% AMI | $39,350 | $44,950 | $50,550 | $56,150 | $60,650 | $65,150 |
| 80% AMI | $62,900 | $71,900 | $80,900 | $89,850 | $97,050 | $104,250 |