Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,181$14,172 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Chippewa County, WI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Chippewa County, WI
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 | $932 | $11,184 | $37,280 | $17.92/hr |
| 1-Bedroom Apartment | $962 | $11,544 | $38,480 | $18.50/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,181 | $14,172 | $47,240 | $22.71/hr |
| 3-Bedroom Home | $1,582 | $18,984 | $63,280 | $30.42/hr |
| 4-Bedroom Home | $1,588 | $19,056 | $63,520 | $30.54/hr |
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Frequently Asked Questions About Rent in Chippewa County, WI
What is the Fair Market Rent for a 2-bedroom in Chippewa County, WI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Chippewa County, WI is $1,181 per month ($14,172 per year).
What hourly wage is needed to afford rent in Chippewa County, WI?
To comfortably afford a 2-bedroom apartment at $1,181/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.71 per hour ($47,240/year).
What are the HUD Fair Market Rents by bedroom count in Chippewa County, WI?
Official 2026 HUD rents in Chippewa County, WI are: Studio: $932/mo, 1-Bedroom: $962/mo, 2-Bedroom: $1,181/mo, 3-Bedroom: $1,582/mo, and 4-Bedroom: $1,588/mo.
How do HUD Fair Market Rents compare to local incomes in Chippewa County, WI?
At the local Census ACS median household income of $74,680/year ($6,223/month), the benchmark 2-bedroom Fair Market Rent represents 19% of monthly income.
How is the 30% housing affordability standard calculated in Chippewa County, WI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,181/month, the required minimum annual gross income is calculated as ($1,181 × 12) ÷ 0.30 = $47,240 per year.
