FY2026 Fair Market Rents — Boone County
Studio
$669
1BR
$674
2BR
$869
3BR
$1,195
4BR
$1,458
Boone County, West Virginia
FIPS 54005 · County-level FMR and income limit data
FMR Area: Boone County, WV HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $669 | $8,028 |
| 1-Bedroom | $674 | $8,088 |
| 2-Bedroom | $869 | $10,428 |
| 3-Bedroom | $1,195 | $14,340 |
| 4-Bedroom | $1,458 | $17,496 |
To afford the FY2026 2-bedroom FMR of $869/mo under the 30%-of-income rule, a household needs about
$34,760/yr ($2,897/mo). Area Median Income is $79,900.
At WV's state minimum wage of $8.75/hr, a worker would need to work 77 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $669 | $674 | $869 | $1,195 | $1,458 |
| FY2025 | $590 | $712 | $852 | $1,175 | $1,431 |
| FY2024 | $620 | $755 | $848 | $1,195 | $1,439 |
| FY2023 | $555 | $667 | $753 | $1,066 | $1,283 |
| FY2022 | $503 | $619 | $705 | $978 | $1,207 |
| FY2021 | $461 | $593 | $676 | $901 | $1,027 |
| FY2020 | $439 | $572 | $674 | $882 | $913 |
FY2026 Income Limits
Area Median Income: $79,900
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $16,800 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $28,000 | $32,000 | $36,000 | $39,950 | $43,150 | $46,350 |
| 80% AMI | $44,750 | $51,150 | $57,550 | $63,900 | $69,050 | $74,150 |