Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,050$12,600 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Castro County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Castro County, TX
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 | $795 | $9,540 | $31,800 | $15.29/hr |
| 1-Bedroom Apartment | $801 | $9,612 | $32,040 | $15.40/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,050 | $12,600 | $42,000 | $20.19/hr |
| 3-Bedroom Home | $1,259 | $15,108 | $50,360 | $24.21/hr |
| 4-Bedroom Home | $1,545 | $18,540 | $61,800 | $29.71/hr |
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Frequently Asked Questions About Rent in Castro County, TX
What is the Fair Market Rent for a 2-bedroom in Castro County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Castro County, TX is $1,050 per month ($12,600 per year).
What hourly wage is needed to afford rent in Castro County, TX?
To comfortably afford a 2-bedroom apartment at $1,050/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.19 per hour ($42,000/year).
What are the HUD Fair Market Rents by bedroom count in Castro County, TX?
Official 2026 HUD rents in Castro County, TX are: Studio: $795/mo, 1-Bedroom: $801/mo, 2-Bedroom: $1,050/mo, 3-Bedroom: $1,259/mo, and 4-Bedroom: $1,545/mo.
How do HUD Fair Market Rents compare to local incomes in Castro County, TX?
At the local Census ACS median household income of $56,776/year ($4,731/month), the benchmark 2-bedroom Fair Market Rent represents 22.2% of monthly income.
How is the 30% housing affordability standard calculated in Castro County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,050/month, the required minimum annual gross income is calculated as ($1,050 × 12) ÷ 0.30 = $42,000 per year.