Rental Benchmark Overview
2-Bedroom Benchmark Rent
$927$11,124 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Drew County, AR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Drew County, AR
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 | $664 | $7,968 | $26,560 | $12.77/hr |
| 1-Bedroom Apartment | $706 | $8,472 | $28,240 | $13.58/hr |
| 2-Bedroom ApartmentStandard Benchmark | $927 | $11,124 | $37,080 | $17.83/hr |
| 3-Bedroom Home | $1,224 | $14,688 | $48,960 | $23.54/hr |
| 4-Bedroom Home | $1,227 | $14,724 | $49,080 | $23.60/hr |
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Frequently Asked Questions About Rent in Drew County, AR
What is the Fair Market Rent for a 2-bedroom in Drew County, AR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Drew County, AR is $927 per month ($11,124 per year).
What hourly wage is needed to afford rent in Drew County, AR?
To comfortably afford a 2-bedroom apartment at $927/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.83 per hour ($37,080/year).
What are the HUD Fair Market Rents by bedroom count in Drew County, AR?
Official 2026 HUD rents in Drew County, AR are: Studio: $664/mo, 1-Bedroom: $706/mo, 2-Bedroom: $927/mo, 3-Bedroom: $1,224/mo, and 4-Bedroom: $1,227/mo.
How do HUD Fair Market Rents compare to local incomes in Drew County, AR?
At the local Census ACS median household income of $42,824/year ($3,569/month), the benchmark 2-bedroom Fair Market Rent represents 26% of monthly income.
How is the 30% housing affordability standard calculated in Drew County, AR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $927/month, the required minimum annual gross income is calculated as ($927 × 12) ÷ 0.30 = $37,080 per year.