Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,500$18,000 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Chelan County, WA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Chelan County, WA
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 | $1,034 | $12,408 | $41,360 | $19.88/hr |
| 1-Bedroom Apartment | $1,143 | $13,716 | $45,720 | $21.98/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,500 | $18,000 | $60,000 | $28.85/hr |
| 3-Bedroom Home | $2,063 | $24,756 | $82,520 | $39.67/hr |
| 4-Bedroom Home | $2,516 | $30,192 | $100,640 | $48.38/hr |
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Frequently Asked Questions About Rent in Chelan County, WA
What is the Fair Market Rent for a 2-bedroom in Chelan County, WA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Chelan County, WA is $1,500 per month ($18,000 per year).
What hourly wage is needed to afford rent in Chelan County, WA?
To comfortably afford a 2-bedroom apartment at $1,500/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $28.85 per hour ($60,000/year).
What are the HUD Fair Market Rents by bedroom count in Chelan County, WA?
Official 2026 HUD rents in Chelan County, WA are: Studio: $1,034/mo, 1-Bedroom: $1,143/mo, 2-Bedroom: $1,500/mo, 3-Bedroom: $2,063/mo, and 4-Bedroom: $2,516/mo.
How do HUD Fair Market Rents compare to local incomes in Chelan County, WA?
At the local Census ACS median household income of $82,381/year ($6,865/month), the benchmark 2-bedroom Fair Market Rent represents 21.8% of monthly income.
How is the 30% housing affordability standard calculated in Chelan County, WA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,500/month, the required minimum annual gross income is calculated as ($1,500 × 12) ÷ 0.30 = $60,000 per year.