Rental Benchmark Overview
2-Bedroom Benchmark Rent
$970$11,640 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Chilton County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Chilton 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 | $734 | $8,808 | $29,360 | $14.12/hr |
| 1-Bedroom Apartment | $739 | $8,868 | $29,560 | $14.21/hr |
| 2-Bedroom ApartmentStandard Benchmark | $970 | $11,640 | $38,800 | $18.65/hr |
| 3-Bedroom Home | $1,274 | $15,288 | $50,960 | $24.50/hr |
| 4-Bedroom Home | $1,448 | $17,376 | $57,920 | $27.85/hr |
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Frequently Asked Questions About Rent in Chilton County, AL
What is the Fair Market Rent for a 2-bedroom in Chilton County, AL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Chilton County, AL is $970 per month ($11,640 per year).
What hourly wage is needed to afford rent in Chilton County, AL?
To comfortably afford a 2-bedroom apartment at $970/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.65 per hour ($38,800/year).
What are the HUD Fair Market Rents by bedroom count in Chilton County, AL?
Official 2026 HUD rents in Chilton County, AL are: Studio: $734/mo, 1-Bedroom: $739/mo, 2-Bedroom: $970/mo, 3-Bedroom: $1,274/mo, and 4-Bedroom: $1,448/mo.
How do HUD Fair Market Rents compare to local incomes in Chilton County, AL?
At the local Census ACS median household income of $65,603/year ($5,467/month), the benchmark 2-bedroom Fair Market Rent represents 17.7% of monthly income.
How is the 30% housing affordability standard calculated in Chilton County, AL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $970/month, the required minimum annual gross income is calculated as ($970 × 12) ÷ 0.30 = $38,800 per year.