Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,236$14,832 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Appleton, WI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Appleton, WI
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 | $858 | $10,296 | $34,320 | $16.50/hr |
| 1-Bedroom Apartment | $960 | $11,520 | $38,400 | $18.46/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,236 | $14,832 | $49,440 | $23.77/hr |
| 3-Bedroom Home | $1,701 | $20,412 | $68,040 | $32.71/hr |
| 4-Bedroom Home | $1,776 | $21,312 | $71,040 | $34.15/hr |
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Frequently Asked Questions About Rent in Appleton, WI
What is the Fair Market Rent for a 2-bedroom in Appleton, WI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Appleton, WI is $1,236 per month ($14,832 per year).
What hourly wage is needed to afford rent in Appleton, WI?
To comfortably afford a 2-bedroom apartment at $1,236/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.77 per hour ($49,440/year).
What are the HUD Fair Market Rents by bedroom count in Appleton, WI?
Official 2026 HUD rents in Appleton, WI are: Studio: $858/mo, 1-Bedroom: $960/mo, 2-Bedroom: $1,236/mo, 3-Bedroom: $1,701/mo, and 4-Bedroom: $1,776/mo.
How do HUD Fair Market Rents compare to local incomes in Appleton, WI?
At the local Census ACS median household income of $80,483/year ($6,707/month), the benchmark 2-bedroom Fair Market Rent represents 18.4% of monthly income.
How is the 30% housing affordability standard calculated in Appleton, WI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,236/month, the required minimum annual gross income is calculated as ($1,236 × 12) ÷ 0.30 = $49,440 per year.