RentMark

Most expensive US states by Fair Market Rent

Hawaii has the highest median 2-bedroom Fair Market Rent of any state or DC in FY2026, at $2,492/month — about 156% above the national median of $975. District of Columbia ($2,246) and Massachusetts ($2,067) follow. All 51 states and DC are ranked below by their median 2-bedroom FMR.

Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.

All 51 states ranked by median 2-bedroom FMR

#StateMedian 2 BR2 BR rangeAreas
1Hawaii$2,492$2,076 – $2,6425
2District of Columbia$2,246$2,246 – $2,2461
3Massachusetts$2,067$1,527 – $3,13820
4New Hampshire$1,950$1,287 – $2,94114
5New Jersey$1,950$1,673 – $2,76311
6Connecticut$1,827$1,601 – $2,51120
7Rhode Island$1,729$1,721 – $2,3143
8California$1,625$1,108 – $4,21451
9Delaware$1,470$1,399 – $1,8103
10Maine$1,438$1,224 – $2,20219
11Alaska$1,424$973 – $2,19130
12Nevada$1,393$985 – $1,87016
13Vermont$1,354$1,007 – $2,14012
14Washington$1,354$973 – $2,50135
15Oregon$1,346$1,008 – $1,92231
16Arizona$1,337$1,129 – $1,92114
17Florida$1,337$973 – $2,50452
18Maryland$1,314$973 – $2,24615
19Montana$1,307$973 – $2,15455
20New York$1,185$973 – $2,91039
21Colorado$1,164$973 – $2,46755
22Utah$1,153$973 – $2,18526
23Idaho$1,079$973 – $1,65540
24Pennsylvania$1,033$973 – $1,81052
25Michigan$1,023$973 – $1,65677
26Virginia$1,022$914 – $2,24664
27Texas$1,015$973 – $1,931215
28New Mexico$1,006$973 – $1,74030
29South Carolina$1,002$902 – $1,81638
30North Carolina$998$925 – $1,83583
31Wyoming$980$963 – $1,65323
32Ohio$978$973 – $1,43368
33Wisconsin$975$973 – $1,70965
34Georgia$973$973 – $1,820112
35Minnesota$973$973 – $1,70973
36Indiana$971$956 – $1,47373
37Nebraska$961$961 – $1,36890
38Oklahoma$937$937 – $1,24469
39Tennessee$933$925 – $1,73072
40South Dakota$929$929 – $1,33663
41Iowa$919$919 – $1,36892
42Illinois$916$916 – $2,05083
43Missouri$888$888 – $1,35895
44Arkansas$880$880 – $1,34768
45Kansas$877$877 – $1,42694
46North Dakota$873$873 – $1,53451
47West Virginia$869$869 – $1,57349
48Kentucky$866$866 – $1,353101
49Louisiana$866$834 – $1,33145
50Mississippi$842$842 – $1,28876
51Alabama$837$776 – $1,34555

Source: HUD USER, FY2026 Fair Market Rents (40th percentile, revised final). Data as of June 2026.

Frequently asked questions

What state has the highest Fair Market Rent?

Hawaii has the highest median 2-bedroom Fair Market Rent of any US state or DC in FY2026, at $2,492 per month, followed by District of Columbia ($2,246) and Massachusetts ($2,067). FMR is the federal voucher rent standard, not the market median.

Why is the FMR ranked by median, not a single state figure?

HUD does not publish a statewide FMR — it sets FMRs by metro and county. We rank states by the median 2-bedroom FMR across all their FMR areas, which is a fair summary. Within a state the range can be wide; each state page shows the lowest and highest area.

Related

Last updated: 2026-06-20