Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,351$16,212 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Denison, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Denison, TX
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 | $1,088 | $13,056 | $43,520 | $20.92/hr |
| 1-Bedroom Apartment | $1,089 | $13,068 | $43,560 | $20.94/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,351 | $16,212 | $54,040 | $25.98/hr |
| 3-Bedroom Home | $1,879 | $22,548 | $75,160 | $36.13/hr |
| 4-Bedroom Home | $2,157 | $25,884 | $86,280 | $41.48/hr |
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Frequently Asked Questions About Rent in Denison, TX
What is the Fair Market Rent for a 2-bedroom in Denison, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Denison, TX is $1,351 per month ($16,212 per year).
What hourly wage is needed to afford rent in Denison, TX?
To comfortably afford a 2-bedroom apartment at $1,351/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.98 per hour ($54,040/year).
What are the HUD Fair Market Rents by bedroom count in Denison, TX?
Official 2026 HUD rents in Denison, TX are: Studio: $1,088/mo, 1-Bedroom: $1,089/mo, 2-Bedroom: $1,351/mo, 3-Bedroom: $1,879/mo, and 4-Bedroom: $2,157/mo.
How do HUD Fair Market Rents compare to local incomes in Denison, TX?
At the local Census ACS median household income of $67,365/year ($5,614/month), the benchmark 2-bedroom Fair Market Rent represents 24.1% of monthly income.
How is the 30% housing affordability standard calculated in Denison, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,351/month, the required minimum annual gross income is calculated as ($1,351 × 12) ÷ 0.30 = $54,040 per year.