HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Owyhee County, Idaho (FY 2027)
$1,540 a month. That's HUD's FY 2027 Fair Market Rent for a two-bedroom in Owyhee County, and it's the baseline every voucher in Owyhee is measured against.
Two-bedroom FMR
$1,540
-6.9% from FY 2026
Payment standard
$1,386–$1,694
90% to 110% of the FMR, two-bedroom
Income to afford
$61,600
a year, with rent at 30% of income
Rank in Idaho
5th of 44
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $1,152 | $1,037–$1,267 | $46,080 | $22.15/hr | -1.5% |
| 1 bedroom | $1,295 | $1,166–$1,425 | $51,800 | $24.90/hr | -6.2% |
| 2 bedroom | $1,540 | $1,386–$1,694 | $61,600 | $29.62/hr | -6.9% |
| 3 bedroom | $2,132 | $1,919–$2,345 | $85,280 | $41.00/hr | -8.0% |
| 4 bedroom | $2,574 | $2,317–$2,831 | $102,960 | $49.50/hr | -7.1% |
Five to eight bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $2,960 | $2,664–$3,256 |
| 6 bedroom Estimate | $3,346 | $3,011–$3,681 |
| 7 bedroom Estimate | $3,732 | $3,359–$4,105 |
| 8 bedroom Estimate | $4,118 | $3,706–$4,530 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Owyhee actually rent for?
Search any address in Owyhee for a rent estimate built from nearby comps, with the HUD figure right next to it.
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What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Owyhee somewhere between $1,386 and $1,694. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,540 a month is affordable, by HUD's 30% rule, on an income of roughly $61,600 a year. Put another way, $30 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$1,386 | Voucher pays at 100%$1,540 | Voucher pays at 110%$1,694 |
|---|---|---|---|---|
| $2,500 | $750 | $636 | $790 | $944 |
| $4,000 | $1,200 | $186 | $340 | $494 |
Rate history
The two-bedroom rate went down 7% from FY 2026 ($1,655) to FY 2027 ($1,540). Since FY 2020 it's up 64% in total, about 7.3% a year. The Idaho median moved up 2% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $613 | $748 | $941 | $1,346 | $1,548 | — |
| FY 2021 | $683 | $801 | $1,002 | $1,420 | $1,647 | +6.5% |
| FY 2022 | $783 | $896 | $1,118 | $1,577 | $1,841 | +11.6% |
| FY 2023 | $929 | $1,059 | $1,310 | $1,841 | $2,159 | +17.2% |
| FY 2024 | $993 | $1,139 | $1,388 | $1,956 | $2,298 | +6.0% |
| FY 2025 | $1,300 | $1,534 | $1,838 | $2,575 | $3,080 | +32.4% |
| FY 2026 | $1,170 | $1,381 | $1,655 | $2,318 | $2,772 | -10.0% |
| FY 2027In effect | $1,152 | $1,295 | $1,540 | $2,132 | $2,574 | -6.9% |
About this rate
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2027 that's October 1, 2026 through September 30, 2027. In Owyhee, that runs from $1,152 for a studio up to $2,574 for four bedrooms, all five rates in the table above.
This is a metro rate. The county doesn't get one of its own. HUD lumps Owyhee in with 3 other counties in the Boise City metro, Ada County, Canyon County, Boise County among them, and every one of them gets $1,540 for a two-bedroom. Where you are inside the metro doesn't change the county number. It does change the ZIP number, covered below.
Among Idaho's 44 counties, Owyhee ranks 5th for two-bedroom FMR. That's about 37% above the state median of $1,127 and about 45% above the national median county at $1,063. About 12,503 people live here, 26th in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 5 ZIP codes it covers in Owyhee, the two-bedroom rate is $1,500 across the board, so there's no ZIP-level story here.
Counties sharing the Boise City metro rate
HUD sets one rate for the whole metro, so every county here carries the same $1,540 two-bedroom figure as Owyhee.
Nearby counties
Two-bedroom FMR, with how each compares to Owyhee.
Ada County
32 mi · 518,935 people
$1,540
same rate
Canyon County
38 mi · 250,790 people
$1,540
same rate
Elmore County
47 mi · 29,321 people
$1,285
-17%
Gem County
61 mi · 20,614 people
$1,071
-30%
Boise County
63 mi · 8,273 people
$1,540
same rate
Payette County
65 mi · 26,771 people
$1,071
-30%
Camas County
83 mi · 1,124 people
$1,111
-28%
Gooding County
86 mi · 15,931 people
$1,053
-32%
Questions people ask
$1,540 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $1,152 for a studio, $1,295 for one bedroom, $2,132 for three and $2,574 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
Payment standard and tenant share for a specific rent
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords
Rent affordability calculator
The income a household needs for a given rent
What does a rental in Owyhee actually go for?
HUD's number is one input. Search any address in Owyhee for a rent estimate built from nearby comps. Free to start, no card.
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