Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,865$22,380 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Capitol Planning Region, CT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Capitol Planning Region, CT
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 | $1,286 | $15,432 | $51,440 | $24.73/hr |
| 1-Bedroom Apartment | $1,477 | $17,724 | $59,080 | $28.40/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,865 | $22,380 | $74,600 | $35.87/hr |
| 3-Bedroom Home | $2,236 | $26,832 | $89,440 | $43.00/hr |
| 4-Bedroom Home | $2,537 | $30,444 | $101,480 | $48.79/hr |
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Frequently Asked Questions About Rent in Capitol Planning Region, CT
What is the Fair Market Rent for a 2-bedroom in Capitol Planning Region, CT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Capitol Planning Region, CT is $1,865 per month ($22,380 per year).
What hourly wage is needed to afford rent in Capitol Planning Region, CT?
To comfortably afford a 2-bedroom apartment at $1,865/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $35.87 per hour ($74,600/year).
What are the HUD Fair Market Rents by bedroom count in Capitol Planning Region, CT?
Official 2026 HUD rents in Capitol Planning Region, CT are: Studio: $1,286/mo, 1-Bedroom: $1,477/mo, 2-Bedroom: $1,865/mo, 3-Bedroom: $2,236/mo, and 4-Bedroom: $2,537/mo.
How do HUD Fair Market Rents compare to local incomes in Capitol Planning Region, CT?
At the local Census ACS median household income of $93,394/year ($7,783/month), the benchmark 2-bedroom Fair Market Rent represents 24% of monthly income.
How is the 30% housing affordability standard calculated in Capitol Planning Region, CT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,865/month, the required minimum annual gross income is calculated as ($1,865 × 12) ÷ 0.30 = $74,600 per year.
