Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,866$22,392 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Franklin County, MA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Franklin County, MA
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 | $1,287 | $15,444 | $51,480 | $24.75/hr |
| 1-Bedroom Apartment | $1,422 | $17,064 | $56,880 | $27.35/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,866 | $22,392 | $74,640 | $35.88/hr |
| 3-Bedroom Home | $2,237 | $26,844 | $89,480 | $43.02/hr |
| 4-Bedroom Home | $2,471 | $29,652 | $98,840 | $47.52/hr |
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Frequently Asked Questions About Rent in Franklin County, MA
What is the Fair Market Rent for a 2-bedroom in Franklin County, MA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Franklin County, MA is $1,866 per month ($22,392 per year).
What hourly wage is needed to afford rent in Franklin County, MA?
To comfortably afford a 2-bedroom apartment at $1,866/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $35.88 per hour ($74,640/year).
What are the HUD Fair Market Rents by bedroom count in Franklin County, MA?
Official 2026 HUD rents in Franklin County, MA are: Studio: $1,287/mo, 1-Bedroom: $1,422/mo, 2-Bedroom: $1,866/mo, 3-Bedroom: $2,237/mo, and 4-Bedroom: $2,471/mo.
How do HUD Fair Market Rents compare to local incomes in Franklin County, MA?
At the local Census ACS median household income of $74,907/year ($6,242/month), the benchmark 2-bedroom Fair Market Rent represents 29.9% of monthly income.
How is the 30% housing affordability standard calculated in Franklin County, MA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,866/month, the required minimum annual gross income is calculated as ($1,866 × 12) ÷ 0.30 = $74,640 per year.