Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,017$12,204 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Franklin County, GA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Franklin County, GA
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 | $770 | $9,240 | $30,800 | $14.81/hr |
| 1-Bedroom Apartment | $775 | $9,300 | $31,000 | $14.90/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,017 | $12,204 | $40,680 | $19.56/hr |
| 3-Bedroom Home | $1,219 | $14,628 | $48,760 | $23.44/hr |
| 4-Bedroom Home | $1,458 | $17,496 | $58,320 | $28.04/hr |
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Frequently Asked Questions About Rent in Franklin County, GA
What is the Fair Market Rent for a 2-bedroom in Franklin County, GA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Franklin County, GA is $1,017 per month ($12,204 per year).
What hourly wage is needed to afford rent in Franklin County, GA?
To comfortably afford a 2-bedroom apartment at $1,017/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.56 per hour ($40,680/year).
What are the HUD Fair Market Rents by bedroom count in Franklin County, GA?
Official 2026 HUD rents in Franklin County, GA are: Studio: $770/mo, 1-Bedroom: $775/mo, 2-Bedroom: $1,017/mo, 3-Bedroom: $1,219/mo, and 4-Bedroom: $1,458/mo.
How do HUD Fair Market Rents compare to local incomes in Franklin County, GA?
At the local Census ACS median household income of $53,046/year ($4,421/month), the benchmark 2-bedroom Fair Market Rent represents 23% of monthly income.
How is the 30% housing affordability standard calculated in Franklin County, GA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,017/month, the required minimum annual gross income is calculated as ($1,017 × 12) ÷ 0.30 = $40,680 per year.