Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,054$12,648 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Accomack County, VA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Accomack County, VA
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $740 | $8,880 | $29,600 | $14.23/hr |
| 1-Bedroom Apartment | $856 | $10,272 | $34,240 | $16.46/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,054 | $12,648 | $42,160 | $20.27/hr |
| 3-Bedroom Home | $1,367 | $16,404 | $54,680 | $26.29/hr |
| 4-Bedroom Home | $1,549 | $18,588 | $61,960 | $29.79/hr |
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Frequently Asked Questions About Rent in Accomack County, VA
What is the Fair Market Rent for a 2-bedroom in Accomack County, VA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Accomack County, VA is $1,054 per month ($12,648 per year).
What hourly wage is needed to afford rent in Accomack County, VA?
To comfortably afford a 2-bedroom apartment at $1,054/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.27 per hour ($42,160/year).
What are the HUD Fair Market Rents by bedroom count in Accomack County, VA?
Official 2026 HUD rents in Accomack County, VA are: Studio: $740/mo, 1-Bedroom: $856/mo, 2-Bedroom: $1,054/mo, 3-Bedroom: $1,367/mo, and 4-Bedroom: $1,549/mo.
How do HUD Fair Market Rents compare to local incomes in Accomack County, VA?
At the local Census ACS median household income of $58,993/year ($4,916/month), the benchmark 2-bedroom Fair Market Rent represents 21.4% of monthly income.
How is the 30% housing affordability standard calculated in Accomack County, VA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,054/month, the required minimum annual gross income is calculated as ($1,054 × 12) ÷ 0.30 = $42,160 per year.