FY2026 Fair Market Rents — Wood County
Studio
$705
1BR
$814
2BR
$1,022
3BR
$1,260
4BR
$1,398
Wood County, Texas
FIPS 48499 · County-level FMR and income limit data
FMR Area: Wood County, TX
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $705 | $8,460 |
| 1-Bedroom | $814 | $9,768 |
| 2-Bedroom | $1,022 | $12,264 |
| 3-Bedroom | $1,260 | $15,120 |
| 4-Bedroom | $1,398 | $16,776 |
To afford the FY2026 2-bedroom FMR of $1,022/mo under the 30%-of-income rule, a household needs about
$40,880/yr ($3,407/mo). Area Median Income is $85,700.
At TX's federal minimum wage of $7.25/hr, a worker would need to work 109 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $705 | $814 | $1,022 | $1,260 | $1,398 |
| FY2025 | $688 | $765 | $1,003 | $1,209 | $1,500 |
| FY2024 | $740 | $831 | $1,092 | $1,320 | $1,623 |
| FY2023 | $633 | $719 | $947 | $1,153 | $1,393 |
| FY2022 | $652 | $657 | $864 | $1,068 | $1,262 |
| FY2021 | $589 | $609 | $803 | $1,032 | $1,195 |
| FY2020 | $561 | $579 | $756 | $1,006 | $1,327 |
FY2026 Income Limits
Area Median Income: $85,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,000 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,000 | $34,300 | $38,600 | $42,850 | $46,300 | $49,750 |
| 80% AMI | $48,000 | $54,850 | $61,700 | $68,550 | $74,050 | $79,550 |