Teton County, ID: Fair Market Rent 2027 and Income Limits

Official HUD figures for landlords and renters, effective October 1, 2026 (rents) and May 1, 2026 (income limits).

$1,3432-bedroom FMR, FY2027

$1,1841-bedroom FMR, FY2027

$95,45080% income limit, family of 4 (FY2026)

$130,300Median family income (FY2026)

The FY2027 Fair Market Rent for a two-bedroom unit in Teton County is $1,343 a month, up 1.5% from $1,323 in FY2026. Teton County belongs to the Teton County, ID FMR area (non-metro county), so the same figures apply across that area. FMRs are gross rents: rent plus all tenant-paid utilities except phone, cable and internet.

Fair market rent in Teton County by bedroom count

Unit size	FY2027 FMR	FY2026 FMR	Change	Payment standard range (90–110%)
Studio	$1,184	$1,136	+4.2%	$1,066 – $1,302
1 bedroom	$1,184	$1,143	+3.6%	$1,066 – $1,302
2 bedrooms	$1,343	$1,323	+1.5%	$1,209 – $1,477
3 bedrooms	$1,770	$1,769	+0.1%	$1,593 – $1,947
4 bedrooms	$2,245	$2,219	+1.2%	$2,021 – $2,469

Source: HUD Fair Market Rents FY2027 (effective October 1, 2026) and FY2026 (revised file), details.

What can a landlord charge a Section 8 tenant here?

The FMR is not a cap on what you can ask on the open market. For a Housing Choice Voucher tenant, the local housing authority sets a payment standard, normally between 90% and 110% of the FMR (or of the ZIP-level Small Area FMR where those apply). For a two-bedroom unit in Teton County that is typically $1,209 to $1,477 including utilities. You can charge more than the payment standard if the rent passes the housing authority's rent-reasonableness test and, at move-in, the tenant's share stays within 40% of their adjusted monthly income. Ask the housing authority for its current payment standard schedule.

Can local renters afford the fair market rent?

$66,929median income of renter households

$1,319Median gross rent, all units

24%Rent-to-income ratio (median rent ÷ median renter income)

40%of renter households pay 30% or more of income on rent

At the 30% rule, a renter household earning the local median of $66,929 can afford about $1,673 a month including utilities. The FY2027 two-bedroom Fair Market Rent of $1,343 is $330 (19.7%) less than that. To rent a two-bedroom at the FMR, a household needs $53,720 a year under the 30% rule, or $48,348 under the common landlord rule that income must be three times the rent.

Teton County, ACS 2020–2024	Estimate ± MOE
Median gross rent (rent + utilities)	$1,319 ±$206
Median income of renter households	$66,929 ±$16,241
Renters paying 30% or more of income (cost-burdened)	39.5% ±11.1
Renters paying 50% or more (severely cost-burdened)	24.1% ±11.3
Renter households (where the share can be computed)	863

Change since 2015–2019

	ACS 2015–2019	ACS 2020–2024	Change
Median gross rent	$881	$1,319	+49.7%
Median renter household income	$34,196	$66,929	+95.7%
Renters paying 30%+ of income	42.9%	39.5%	−3.4 pts

Rent-to-income calculator: does an applicant qualify? → · Most affordable counties to rent in this state →

Source: U.S. Census Bureau, American Community Survey 5-Year Estimates 2020–2024 and 2015–2019 (tables B25064, B25119, B25070). ± = margin of error at 90% confidence. Dollar figures are not adjusted for inflation.

HUD income limits for Teton County (FY2026)

Income limits decide who qualifies for Section 8 vouchers, public housing and most HUD-assisted units. The area median family income is $130,300 (FY2025: $116,100, +12.2%). Small figures under each limit show the change from FY2025.

Household size	1 person	2 people	3 people	4 people	5 people	6 people	7 people	8 people
Extremely low income (30%)	$25,100 +10.1%	$28,650 +10.0%	$32,250 +10.1%	$35,800 +10.0%	$38,700 +2.8%	$44,360 +2.8%	$50,040 +2.9%	$55,720 +2.9%
Very low income (50%)	$41,800 +10.0%	$47,700 +9.9%	$53,700 +9.9%	$59,650 +10.0%	$64,450 +10.0%	$69,200 +9.9%	$74,000 +10.0%	$78,750 +9.9%
Low income (80%)	$66,850 +10.0%	$76,350 +9.9%	$85,950 +10.0%	$95,450 +10.0%	$103,100 +10.0%	$110,750 +10.0%	$118,400 +10.0%	$126,000 +9.9%

The 30% limit is HUD's “extremely low income” limit: the higher of 30% of median income or the federal poverty guideline, but never above the 50% limit. That is why it can rise faster than 30% of median for larger households. Tax-credit (LIHTC) properties use separate Multifamily Tax Subsidy Project limits.

Source: HUD Section 8 Income Limits FY2026 (effective May 1, 2026) and FY2025, details.