Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,407$16,884 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Dodge County, MN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Dodge County, MN
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 | $1,112 | $13,344 | $44,480 | $21.38/hr |
| 1-Bedroom Apartment | $1,189 | $14,268 | $47,560 | $22.87/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,407 | $16,884 | $56,280 | $27.06/hr |
| 3-Bedroom Home | $1,957 | $23,484 | $78,280 | $37.63/hr |
| 4-Bedroom Home | $2,360 | $28,320 | $94,400 | $45.38/hr |
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Frequently Asked Questions About Rent in Dodge County, MN
What is the Fair Market Rent for a 2-bedroom in Dodge County, MN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Dodge County, MN is $1,407 per month ($16,884 per year).
What hourly wage is needed to afford rent in Dodge County, MN?
To comfortably afford a 2-bedroom apartment at $1,407/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.06 per hour ($56,280/year).
What are the HUD Fair Market Rents by bedroom count in Dodge County, MN?
Official 2026 HUD rents in Dodge County, MN are: Studio: $1,112/mo, 1-Bedroom: $1,189/mo, 2-Bedroom: $1,407/mo, 3-Bedroom: $1,957/mo, and 4-Bedroom: $2,360/mo.
How do HUD Fair Market Rents compare to local incomes in Dodge County, MN?
At the local Census ACS median household income of $95,739/year ($7,978/month), the benchmark 2-bedroom Fair Market Rent represents 17.6% of monthly income.
How is the 30% housing affordability standard calculated in Dodge County, MN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,407/month, the required minimum annual gross income is calculated as ($1,407 × 12) ÷ 0.30 = $56,280 per year.