Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,077$12,924 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Andrew County, MO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Andrew County, MO
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 | $774 | $9,288 | $30,960 | $14.88/hr |
| 1-Bedroom Apartment | $832 | $9,984 | $33,280 | $16.00/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,077 | $12,924 | $43,080 | $20.71/hr |
| 3-Bedroom Home | $1,363 | $16,356 | $54,520 | $26.21/hr |
| 4-Bedroom Home | $1,566 | $18,792 | $62,640 | $30.12/hr |
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Frequently Asked Questions About Rent in Andrew County, MO
What is the Fair Market Rent for a 2-bedroom in Andrew County, MO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Andrew County, MO is $1,077 per month ($12,924 per year).
What hourly wage is needed to afford rent in Andrew County, MO?
To comfortably afford a 2-bedroom apartment at $1,077/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.71 per hour ($43,080/year).
What are the HUD Fair Market Rents by bedroom count in Andrew County, MO?
Official 2026 HUD rents in Andrew County, MO are: Studio: $774/mo, 1-Bedroom: $832/mo, 2-Bedroom: $1,077/mo, 3-Bedroom: $1,363/mo, and 4-Bedroom: $1,566/mo.
How do HUD Fair Market Rents compare to local incomes in Andrew County, MO?
At the local Census ACS median household income of $75,625/year ($6,302/month), the benchmark 2-bedroom Fair Market Rent represents 17.1% of monthly income.
How is the 30% housing affordability standard calculated in Andrew County, MO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,077/month, the required minimum annual gross income is calculated as ($1,077 × 12) ÷ 0.30 = $43,080 per year.