Memphis, TN-MS-AR HUD Metro FMR Area · FY2026 area median income $92,700 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $324 | $486 | $649 | $811 | $973 | $1,135 | $1,298 |
| 1BR | $347 | $521 | $695 | $869 | $1,043 | $1,217 | $1,391 |
| 2BR | $417 | $626 | $835 | $1,043 | $1,252 | $1,461 | $1,670 |
| 3BR | $482 | $723 | $964 | $1,205 | $1,446 | $1,687 | $1,929 |
| 4BR | $538 | $807 | $1,076 | $1,345 | $1,614 | $1,883 | $2,152 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $19,470 | $32,450 | $38,940 | $51,920 |
| 2 persons | $22,260 | $37,100 | $44,520 | $59,360 |
| 3 persons | $25,050 | $41,750 | $50,100 | $66,800 |
| 4 persons | $27,810 | $46,350 | $55,620 | $74,160 |
| 5 persons | $30,060 | $50,100 | $60,120 | $80,160 |
| 6 persons | $32,280 | $53,800 | $64,560 | $86,080 |
| 7 persons | $34,500 | $57,500 | $69,000 | $92,000 |
| 8 persons | $36,720 | $61,200 | $73,440 | $97,920 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Crittenden County to see the sources and uses, bond test, DSCR, and funding gap using these rents.