Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,107$13,284 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Franklin County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Franklin County, TX
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 | $861 | $10,332 | $34,440 | $16.56/hr |
| 1-Bedroom Apartment | $885 | $10,620 | $35,400 | $17.02/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,107 | $13,284 | $44,280 | $21.29/hr |
| 3-Bedroom Home | $1,327 | $15,924 | $53,080 | $25.52/hr |
| 4-Bedroom Home | $1,629 | $19,548 | $65,160 | $31.33/hr |
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Frequently Asked Questions About Rent in Franklin County, TX
What is the Fair Market Rent for a 2-bedroom in Franklin County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Franklin County, TX is $1,107 per month ($13,284 per year).
What hourly wage is needed to afford rent in Franklin County, TX?
To comfortably afford a 2-bedroom apartment at $1,107/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.29 per hour ($44,280/year).
What are the HUD Fair Market Rents by bedroom count in Franklin County, TX?
Official 2026 HUD rents in Franklin County, TX are: Studio: $861/mo, 1-Bedroom: $885/mo, 2-Bedroom: $1,107/mo, 3-Bedroom: $1,327/mo, and 4-Bedroom: $1,629/mo.
How do HUD Fair Market Rents compare to local incomes in Franklin County, TX?
At the local Census ACS median household income of $72,360/year ($6,030/month), the benchmark 2-bedroom Fair Market Rent represents 18.4% of monthly income.
How is the 30% housing affordability standard calculated in Franklin County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,107/month, the required minimum annual gross income is calculated as ($1,107 × 12) ÷ 0.30 = $44,280 per year.