FY2026 Fair Market Rents — Converse County
Studio
$777
1BR
$782
2BR
$1,026
3BR
$1,412
4BR
$1,695
Converse County, Wyoming
FIPS 56009 · County-level FMR and income limit data
FMR Area: Converse County, WY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $777 | $9,324 |
| 1-Bedroom | $782 | $9,384 |
| 2-Bedroom | $1,026 | $12,312 |
| 3-Bedroom | $1,412 | $16,944 |
| 4-Bedroom | $1,695 | $20,340 |
To afford the FY2026 2-bedroom FMR of $1,026/mo under the 30%-of-income rule, a household needs about
$41,040/yr ($3,420/mo). Area Median Income is $102,800.
At WY'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 | $777 | $782 | $1,026 | $1,412 | $1,695 |
| FY2025 | $765 | $770 | $1,010 | $1,279 | $1,661 |
| FY2024 | $770 | $776 | $1,019 | $1,274 | $1,694 |
| FY2023 | $658 | $662 | $872 | $1,061 | $1,482 |
| FY2022 | $669 | $707 | $821 | $1,015 | $1,405 |
| FY2021 | $632 | $699 | $811 | $1,024 | $1,404 |
| FY2020 | $611 | $681 | $818 | $1,137 | $1,436 |
FY2026 Income Limits
Area Median Income: $102,800
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $21,600 | $24,700 | $27,800 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $36,000 | $41,150 | $46,300 | $51,400 | $55,550 | $59,650 |
| 80% AMI | $57,600 | $65,800 | $74,050 | $82,250 | $88,850 | $95,450 |