FY2026 Fair Market Rents — St. Thomas
Studio
$1,024
1BR
$1,189
2BR
$1,467
3BR
$1,759
4BR
$1,942
St. Thomas, Virgin Islands
FIPS 78030 · County-level FMR and income limit data
FMR Area: St. Thomas Island, VI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,024 | $12,288 |
| 1-Bedroom | $1,189 | $14,268 |
| 2-Bedroom | $1,467 | $17,604 |
| 3-Bedroom | $1,759 | $21,108 |
| 4-Bedroom | $1,942 | $23,304 |
To afford the FY2026 2-bedroom FMR of $1,467/mo under the 30%-of-income rule, a household needs about
$58,680/yr ($4,890/mo). Area Median Income is $69,600.
At VI's federal minimum wage of $7.25/hr, a worker would need to work 156 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,024 | $1,189 | $1,467 | $1,759 | $1,942 |
| FY2025 | $1,101 | $1,282 | $1,605 | $1,934 | $2,128 |
| FY2024 | $1,059 | $1,249 | $1,563 | $1,890 | $2,082 |
| FY2023 | $903 | $1,079 | $1,350 | $1,643 | $1,814 |
| FY2022 | $832 | $1,001 | $1,253 | $1,549 | $1,699 |
| FY2021 | $797 | $962 | $1,204 | $1,498 | $1,633 |
| FY2020 | $763 | $921 | $1,152 | $1,436 | $1,561 |
FY2026 Income Limits
Area Median Income: $69,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,550 | $21,200 | $23,850 | $26,450 | $28,600 | $30,700 |
| 50% AMI | $30,900 | $35,300 | $39,700 | $44,100 | $47,650 | $51,200 |
| 80% AMI | $49,400 | $56,450 | $63,550 | $70,550 | $76,200 | $81,850 |