Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,007$12,084 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Cattaraugus County, NY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Cattaraugus County, NY
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 | $778 | $9,336 | $31,120 | $14.96/hr |
| 1-Bedroom Apartment | $783 | $9,396 | $31,320 | $15.06/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,007 | $12,084 | $40,280 | $19.37/hr |
| 3-Bedroom Home | $1,232 | $14,784 | $49,280 | $23.69/hr |
| 4-Bedroom Home | $1,420 | $17,040 | $56,800 | $27.31/hr |
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Frequently Asked Questions About Rent in Cattaraugus County, NY
What is the Fair Market Rent for a 2-bedroom in Cattaraugus County, NY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Cattaraugus County, NY is $1,007 per month ($12,084 per year).
What hourly wage is needed to afford rent in Cattaraugus County, NY?
To comfortably afford a 2-bedroom apartment at $1,007/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.37 per hour ($40,280/year).
What are the HUD Fair Market Rents by bedroom count in Cattaraugus County, NY?
Official 2026 HUD rents in Cattaraugus County, NY are: Studio: $778/mo, 1-Bedroom: $783/mo, 2-Bedroom: $1,007/mo, 3-Bedroom: $1,232/mo, and 4-Bedroom: $1,420/mo.
How do HUD Fair Market Rents compare to local incomes in Cattaraugus County, NY?
At the local Census ACS median household income of $59,540/year ($4,962/month), the benchmark 2-bedroom Fair Market Rent represents 20.3% of monthly income.
How is the 30% housing affordability standard calculated in Cattaraugus County, NY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,007/month, the required minimum annual gross income is calculated as ($1,007 × 12) ÷ 0.30 = $40,280 per year.