Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,471$17,652 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Ferry Pass, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Ferry Pass, 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 | $1,112 | $13,344 | $44,480 | $21.38/hr |
| 1-Bedroom Apartment | $1,257 | $15,084 | $50,280 | $24.17/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,471 | $17,652 | $58,840 | $28.29/hr |
| 3-Bedroom Home | $1,952 | $23,424 | $78,080 | $37.54/hr |
| 4-Bedroom Home | $2,380 | $28,560 | $95,200 | $45.77/hr |
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Frequently Asked Questions About Rent in Ferry Pass, FL
What is the Fair Market Rent for a 2-bedroom in Ferry Pass, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Ferry Pass, FL is $1,471 per month ($17,652 per year).
What hourly wage is needed to afford rent in Ferry Pass, FL?
To comfortably afford a 2-bedroom apartment at $1,471/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $28.29 per hour ($58,840/year).
What are the HUD Fair Market Rents by bedroom count in Ferry Pass, FL?
Official 2026 HUD rents in Ferry Pass, FL are: Studio: $1,112/mo, 1-Bedroom: $1,257/mo, 2-Bedroom: $1,471/mo, 3-Bedroom: $1,952/mo, and 4-Bedroom: $2,380/mo.
How do HUD Fair Market Rents compare to local incomes in Ferry Pass, FL?
At the local Census ACS median household income of $61,689/year ($5,141/month), the benchmark 2-bedroom Fair Market Rent represents 28.6% of monthly income.
How is the 30% housing affordability standard calculated in Ferry Pass, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,471/month, the required minimum annual gross income is calculated as ($1,471 × 12) ÷ 0.30 = $58,840 per year.