Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,106$13,272 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Erie County, OH
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Erie County, OH
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 | $854 | $10,248 | $34,160 | $16.42/hr |
| 1-Bedroom Apartment | $886 | $10,632 | $35,440 | $17.04/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,106 | $13,272 | $44,240 | $21.27/hr |
| 3-Bedroom Home | $1,384 | $16,608 | $55,360 | $26.62/hr |
| 4-Bedroom Home | $1,557 | $18,684 | $62,280 | $29.94/hr |
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Frequently Asked Questions About Rent in Erie County, OH
What is the Fair Market Rent for a 2-bedroom in Erie County, OH?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Erie County, OH is $1,106 per month ($13,272 per year).
What hourly wage is needed to afford rent in Erie County, OH?
To comfortably afford a 2-bedroom apartment at $1,106/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.27 per hour ($44,240/year).
What are the HUD Fair Market Rents by bedroom count in Erie County, OH?
Official 2026 HUD rents in Erie County, OH are: Studio: $854/mo, 1-Bedroom: $886/mo, 2-Bedroom: $1,106/mo, 3-Bedroom: $1,384/mo, and 4-Bedroom: $1,557/mo.
How do HUD Fair Market Rents compare to local incomes in Erie County, OH?
At the local Census ACS median household income of $71,993/year ($5,999/month), the benchmark 2-bedroom Fair Market Rent represents 18.4% of monthly income.
How is the 30% housing affordability standard calculated in Erie County, OH?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,106/month, the required minimum annual gross income is calculated as ($1,106 × 12) ÷ 0.30 = $44,240 per year.