Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,415$16,980 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Columbus, IN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Columbus, IN
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 | $1,233 | $14,796 | $49,320 | $23.71/hr |
| 1-Bedroom Apartment | $1,257 | $15,084 | $50,280 | $24.17/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,415 | $16,980 | $56,600 | $27.21/hr |
| 3-Bedroom Home | $1,697 | $20,364 | $67,880 | $32.63/hr |
| 4-Bedroom Home | $2,000 | $24,000 | $80,000 | $38.46/hr |
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Frequently Asked Questions About Rent in Columbus, IN
What is the Fair Market Rent for a 2-bedroom in Columbus, IN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Columbus, IN is $1,415 per month ($16,980 per year).
What hourly wage is needed to afford rent in Columbus, IN?
To comfortably afford a 2-bedroom apartment at $1,415/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.21 per hour ($56,600/year).
What are the HUD Fair Market Rents by bedroom count in Columbus, IN?
Official 2026 HUD rents in Columbus, IN are: Studio: $1,233/mo, 1-Bedroom: $1,257/mo, 2-Bedroom: $1,415/mo, 3-Bedroom: $1,697/mo, and 4-Bedroom: $2,000/mo.
How do HUD Fair Market Rents compare to local incomes in Columbus, IN?
At the local Census ACS median household income of $77,456/year ($6,455/month), the benchmark 2-bedroom Fair Market Rent represents 21.9% of monthly income.
How is the 30% housing affordability standard calculated in Columbus, IN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,415/month, the required minimum annual gross income is calculated as ($1,415 × 12) ÷ 0.30 = $56,600 per year.