Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,036$12,432 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in De Witt County, IL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: De Witt County, IL
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 | $714 | $8,568 | $28,560 | $13.73/hr |
| 1-Bedroom Apartment | $790 | $9,480 | $31,600 | $15.19/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,036 | $12,432 | $41,440 | $19.92/hr |
| 3-Bedroom Home | $1,242 | $14,904 | $49,680 | $23.88/hr |
| 4-Bedroom Home | $1,738 | $20,856 | $69,520 | $33.42/hr |
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Frequently Asked Questions About Rent in De Witt County, IL
What is the Fair Market Rent for a 2-bedroom in De Witt County, IL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in De Witt County, IL is $1,036 per month ($12,432 per year).
What hourly wage is needed to afford rent in De Witt County, IL?
To comfortably afford a 2-bedroom apartment at $1,036/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.92 per hour ($41,440/year).
What are the HUD Fair Market Rents by bedroom count in De Witt County, IL?
Official 2026 HUD rents in De Witt County, IL are: Studio: $714/mo, 1-Bedroom: $790/mo, 2-Bedroom: $1,036/mo, 3-Bedroom: $1,242/mo, and 4-Bedroom: $1,738/mo.
How do HUD Fair Market Rents compare to local incomes in De Witt County, IL?
At the local Census ACS median household income of $71,678/year ($5,973/month), the benchmark 2-bedroom Fair Market Rent represents 17.3% of monthly income.
How is the 30% housing affordability standard calculated in De Witt County, IL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,036/month, the required minimum annual gross income is calculated as ($1,036 × 12) ÷ 0.30 = $41,440 per year.