Rental Benchmark Overview
2-Bedroom Benchmark Rent
$844$10,128 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Cherokee County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Cherokee County, AL
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 | $627 | $7,524 | $25,080 | $12.06/hr |
| 1-Bedroom Apartment | $682 | $8,184 | $27,280 | $13.12/hr |
| 2-Bedroom ApartmentStandard Benchmark | $844 | $10,128 | $33,760 | $16.23/hr |
| 3-Bedroom Home | $1,012 | $12,144 | $40,480 | $19.46/hr |
| 4-Bedroom Home | $1,259 | $15,108 | $50,360 | $24.21/hr |
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Frequently Asked Questions About Rent in Cherokee County, AL
What is the Fair Market Rent for a 2-bedroom in Cherokee County, AL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Cherokee County, AL is $844 per month ($10,128 per year).
What hourly wage is needed to afford rent in Cherokee County, AL?
To comfortably afford a 2-bedroom apartment at $844/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.23 per hour ($33,760/year).
What are the HUD Fair Market Rents by bedroom count in Cherokee County, AL?
Official 2026 HUD rents in Cherokee County, AL are: Studio: $627/mo, 1-Bedroom: $682/mo, 2-Bedroom: $844/mo, 3-Bedroom: $1,012/mo, and 4-Bedroom: $1,259/mo.
How do HUD Fair Market Rents compare to local incomes in Cherokee County, AL?
At the local Census ACS median household income of $53,863/year ($4,489/month), the benchmark 2-bedroom Fair Market Rent represents 18.8% of monthly income.
How is the 30% housing affordability standard calculated in Cherokee County, AL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $844/month, the required minimum annual gross income is calculated as ($844 × 12) ÷ 0.30 = $33,760 per year.