Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,232$14,784 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Duluth, MN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Duluth, 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 | $849 | $10,188 | $33,960 | $16.33/hr |
| 1-Bedroom Apartment | $978 | $11,736 | $39,120 | $18.81/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,232 | $14,784 | $49,280 | $23.69/hr |
| 3-Bedroom Home | $1,689 | $20,268 | $67,560 | $32.48/hr |
| 4-Bedroom Home | $2,067 | $24,804 | $82,680 | $39.75/hr |
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Minnesota:
Frequently Asked Questions About Rent in Duluth, MN
What is the Fair Market Rent for a 2-bedroom in Duluth, MN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Duluth, MN is $1,232 per month ($14,784 per year).
What hourly wage is needed to afford rent in Duluth, MN?
To comfortably afford a 2-bedroom apartment at $1,232/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.69 per hour ($49,280/year).
What are the HUD Fair Market Rents by bedroom count in Duluth, MN?
Official 2026 HUD rents in Duluth, MN are: Studio: $849/mo, 1-Bedroom: $978/mo, 2-Bedroom: $1,232/mo, 3-Bedroom: $1,689/mo, and 4-Bedroom: $2,067/mo.
How do HUD Fair Market Rents compare to local incomes in Duluth, MN?
At the local Census ACS median household income of $68,807/year ($5,734/month), the benchmark 2-bedroom Fair Market Rent represents 21.5% of monthly income.
How is the 30% housing affordability standard calculated in Duluth, MN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,232/month, the required minimum annual gross income is calculated as ($1,232 × 12) ÷ 0.30 = $49,280 per year.