Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,209$14,508 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in DeSoto County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: DeSoto County, FL
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 | $1,053 | $12,636 | $42,120 | $20.25/hr |
| 1-Bedroom Apartment | $1,060 | $12,720 | $42,400 | $20.38/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,209 | $14,508 | $48,360 | $23.25/hr |
| 3-Bedroom Home | $1,663 | $19,956 | $66,520 | $31.98/hr |
| 4-Bedroom Home | $1,865 | $22,380 | $74,600 | $35.87/hr |
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Frequently Asked Questions About Rent in DeSoto County, FL
What is the Fair Market Rent for a 2-bedroom in DeSoto County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in DeSoto County, FL is $1,209 per month ($14,508 per year).
What hourly wage is needed to afford rent in DeSoto County, FL?
To comfortably afford a 2-bedroom apartment at $1,209/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.25 per hour ($48,360/year).
What are the HUD Fair Market Rents by bedroom count in DeSoto County, FL?
Official 2026 HUD rents in DeSoto County, FL are: Studio: $1,053/mo, 1-Bedroom: $1,060/mo, 2-Bedroom: $1,209/mo, 3-Bedroom: $1,663/mo, and 4-Bedroom: $1,865/mo.
How do HUD Fair Market Rents compare to local incomes in DeSoto County, FL?
At the local Census ACS median household income of $54,417/year ($4,535/month), the benchmark 2-bedroom Fair Market Rent represents 26.7% of monthly income.
How is the 30% housing affordability standard calculated in DeSoto County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,209/month, the required minimum annual gross income is calculated as ($1,209 × 12) ÷ 0.30 = $48,360 per year.