Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,082$12,984 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Casper, WY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Casper, WY
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 | $767 | $9,204 | $30,680 | $14.75/hr |
| 1-Bedroom Apartment | $852 | $10,224 | $34,080 | $16.38/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,082 | $12,984 | $43,280 | $20.81/hr |
| 3-Bedroom Home | $1,505 | $18,060 | $60,200 | $28.94/hr |
| 4-Bedroom Home | $1,815 | $21,780 | $72,600 | $34.90/hr |
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Frequently Asked Questions About Rent in Casper, WY
What is the Fair Market Rent for a 2-bedroom in Casper, WY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Casper, WY is $1,082 per month ($12,984 per year).
What hourly wage is needed to afford rent in Casper, WY?
To comfortably afford a 2-bedroom apartment at $1,082/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.81 per hour ($43,280/year).
What are the HUD Fair Market Rents by bedroom count in Casper, WY?
Official 2026 HUD rents in Casper, WY are: Studio: $767/mo, 1-Bedroom: $852/mo, 2-Bedroom: $1,082/mo, 3-Bedroom: $1,505/mo, and 4-Bedroom: $1,815/mo.
How do HUD Fair Market Rents compare to local incomes in Casper, WY?
At the local Census ACS median household income of $70,218/year ($5,852/month), the benchmark 2-bedroom Fair Market Rent represents 18.5% of monthly income.
How is the 30% housing affordability standard calculated in Casper, WY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,082/month, the required minimum annual gross income is calculated as ($1,082 × 12) ÷ 0.30 = $43,280 per year.