Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,135$13,620 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Beltrami County, MN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Beltrami County, MN
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 | $870 | $10,440 | $34,800 | $16.73/hr |
| 1-Bedroom Apartment | $876 | $10,512 | $35,040 | $16.85/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,135 | $13,620 | $45,400 | $21.83/hr |
| 3-Bedroom Home | $1,361 | $16,332 | $54,440 | $26.17/hr |
| 4-Bedroom Home | $1,715 | $20,580 | $68,600 | $32.98/hr |
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Frequently Asked Questions About Rent in Beltrami County, MN
What is the Fair Market Rent for a 2-bedroom in Beltrami County, MN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Beltrami County, MN is $1,135 per month ($13,620 per year).
What hourly wage is needed to afford rent in Beltrami County, MN?
To comfortably afford a 2-bedroom apartment at $1,135/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.83 per hour ($45,400/year).
What are the HUD Fair Market Rents by bedroom count in Beltrami County, MN?
Official 2026 HUD rents in Beltrami County, MN are: Studio: $870/mo, 1-Bedroom: $876/mo, 2-Bedroom: $1,135/mo, 3-Bedroom: $1,361/mo, and 4-Bedroom: $1,715/mo.
How do HUD Fair Market Rents compare to local incomes in Beltrami County, MN?
At the local Census ACS median household income of $68,975/year ($5,748/month), the benchmark 2-bedroom Fair Market Rent represents 19.7% of monthly income.
How is the 30% housing affordability standard calculated in Beltrami County, MN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,135/month, the required minimum annual gross income is calculated as ($1,135 × 12) ÷ 0.30 = $45,400 per year.