PlainRent

Monroe County

FY 2026 HUD Fair Market Rents in Florida. Population: 82,044.

Fair Market Rents (2026)

Studio
National avg: $893
$1,726/mo
↑ 10.3% YoY +93% vs US
1 Bedroom
National avg: $959
$2,211/mo
↑ 16.2% YoY +131% vs US
2 Bedroom
National avg: $1,175
$2,504/mo
↑ 10.1% YoY +113% vs US
3 Bedroom
National avg: $1,525
$3,303/mo
↑ 9.2% YoY +117% vs US
4 Bedroom
National avg: $1,756
$3,315/mo
↓ 0.9% YoY +89% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $1,565 $1,726 +$161 (+10.3%)
1 Bedroom $1,903 $2,211 +$308 (+16.2%)
2 Bedroom $2,274 $2,504 +$230 (+10.1%)
3 Bedroom $3,026 $3,303 +$277 (+9.2%)
4 Bedroom $3,344 $3,315 $-29 (-0.9%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$88,440
$7,370/month gross
Required annual income for 2 BR
$100,160
$8,347/month gross

Other Counties in Florida

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.