Rental Benchmark Overview
2-Bedroom Benchmark Rent
$962$11,544 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Cotton County, OK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Cotton County, OK
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 | $728 | $8,736 | $29,120 | $14.00/hr |
| 1-Bedroom Apartment | $733 | $8,796 | $29,320 | $14.10/hr |
| 2-Bedroom ApartmentStandard Benchmark | $962 | $11,544 | $38,480 | $18.50/hr |
| 3-Bedroom Home | $1,153 | $13,836 | $46,120 | $22.17/hr |
| 4-Bedroom Home | $1,614 | $19,368 | $64,560 | $31.04/hr |
See comprehensive cost of living profile for Cotton County, OK →
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Frequently Asked Questions About Rent in Cotton County, OK
What is the Fair Market Rent for a 2-bedroom in Cotton County, OK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Cotton County, OK is $962 per month ($11,544 per year).
What hourly wage is needed to afford rent in Cotton County, OK?
To comfortably afford a 2-bedroom apartment at $962/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.50 per hour ($38,480/year).
What are the HUD Fair Market Rents by bedroom count in Cotton County, OK?
Official 2026 HUD rents in Cotton County, OK are: Studio: $728/mo, 1-Bedroom: $733/mo, 2-Bedroom: $962/mo, 3-Bedroom: $1,153/mo, and 4-Bedroom: $1,614/mo.
How do HUD Fair Market Rents compare to local incomes in Cotton County, OK?
At the local Census ACS median household income of $58,425/year ($4,869/month), the benchmark 2-bedroom Fair Market Rent represents 19.8% of monthly income.
How is the 30% housing affordability standard calculated in Cotton County, OK?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $962/month, the required minimum annual gross income is calculated as ($962 × 12) ÷ 0.30 = $38,480 per year.