FY2026 Fair Market Rents — Platte County
Studio
$761
1BR
$785
2BR
$963
3BR
$1,253
4BR
$1,590
Platte County, Wyoming
FIPS 56031 · County-level FMR and income limit data
FMR Area: Platte County, WY
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $761 | $9,132 |
| 1-Bedroom | $785 | $9,420 |
| 2-Bedroom | $963 | $11,556 |
| 3-Bedroom | $1,253 | $15,036 |
| 4-Bedroom | $1,590 | $19,080 |
To afford the FY2026 2-bedroom FMR of $963/mo under the 30%-of-income rule, a household needs about
$38,520/yr ($3,210/mo). Area Median Income is $97,500.
At WY's federal minimum wage of $7.25/hr, a worker would need to work 103 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $761 | $785 | $963 | $1,253 | $1,590 |
| FY2025 | $714 | $719 | $943 | $1,136 | $1,550 |
| FY2024 | $767 | $772 | $1,014 | $1,226 | $1,417 |
| FY2023 | $623 | $628 | $826 | $1,057 | $1,185 |
| FY2022 | $572 | $575 | $757 | $1,047 | $1,121 |
| FY2021 | $553 | $557 | $734 | $1,002 | $1,118 |
| FY2020 | $534 | $542 | $714 | $890 | $1,101 |
FY2026 Income Limits
Area Median Income: $97,500
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $20,900 | $23,850 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $34,800 | $39,800 | $44,750 | $49,700 | $53,700 | $57,700 |
| 80% AMI | $55,650 | $63,600 | $71,550 | $79,500 | $85,900 | $92,250 |