FY2026 Fair Market Rents — Summit County
Studio
$1,771
1BR
$1,887
2BR
$2,185
3BR
$2,958
4BR
$3,492
Summit County, Utah
FIPS 49043 · County-level FMR and income limit data
FMR Area: Summit County, UT
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,771 | $21,252 |
| 1-Bedroom | $1,887 | $22,644 |
| 2-Bedroom | $2,185 | $26,220 |
| 3-Bedroom | $2,958 | $35,496 |
| 4-Bedroom | $3,492 | $41,904 |
To afford the FY2026 2-bedroom FMR of $2,185/mo under the 30%-of-income rule, a household needs about
$87,400/yr ($7,283/mo). Area Median Income is $167,700.
At UT's federal minimum wage of $7.25/hr, a worker would need to work 232 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,771 | $1,887 | $2,185 | $2,958 | $3,492 |
| FY2025 | $1,446 | $1,472 | $1,808 | $2,391 | $2,487 |
| FY2024 | $1,383 | $1,392 | $1,807 | $2,331 | $2,525 |
| FY2023 | $1,172 | $1,180 | $1,553 | $1,890 | $2,259 |
| FY2022 | $1,027 | $1,070 | $1,408 | $1,740 | $2,210 |
| FY2021 | $872 | $1,002 | $1,321 | $1,643 | $2,216 |
| FY2020 | $818 | $981 | $1,256 | $1,565 | $2,205 |
FY2026 Income Limits
Area Median Income: $167,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $35,250 | $40,250 | $45,300 | $50,300 | $54,350 | $58,350 |
| 50% AMI | $58,700 | $67,100 | $75,500 | $83,850 | $90,600 | $97,300 |
| 80% AMI | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |