Rental Benchmark Overview
2-Bedroom Benchmark Rent
$868$10,416 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Barren County, KY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Barren County, KY
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 | $657 | $7,884 | $26,280 | $12.63/hr |
| 1-Bedroom Apartment | $662 | $7,944 | $26,480 | $12.73/hr |
| 2-Bedroom ApartmentStandard Benchmark | $868 | $10,416 | $34,720 | $16.69/hr |
| 3-Bedroom Home | $1,102 | $13,224 | $44,080 | $21.19/hr |
| 4-Bedroom Home | $1,280 | $15,360 | $51,200 | $24.62/hr |
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Frequently Asked Questions About Rent in Barren County, KY
What is the Fair Market Rent for a 2-bedroom in Barren County, KY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Barren County, KY is $868 per month ($10,416 per year).
What hourly wage is needed to afford rent in Barren County, KY?
To comfortably afford a 2-bedroom apartment at $868/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.69 per hour ($34,720/year).
What are the HUD Fair Market Rents by bedroom count in Barren County, KY?
Official 2026 HUD rents in Barren County, KY are: Studio: $657/mo, 1-Bedroom: $662/mo, 2-Bedroom: $868/mo, 3-Bedroom: $1,102/mo, and 4-Bedroom: $1,280/mo.
How do HUD Fair Market Rents compare to local incomes in Barren County, KY?
At the local Census ACS median household income of $50,628/year ($4,219/month), the benchmark 2-bedroom Fair Market Rent represents 20.6% of monthly income.
How is the 30% housing affordability standard calculated in Barren County, KY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $868/month, the required minimum annual gross income is calculated as ($868 × 12) ÷ 0.30 = $34,720 per year.