Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,190$14,280 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Gem County, ID
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Gem County, ID
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 | $834 | $10,008 | $33,360 | $16.04/hr |
| 1-Bedroom Apartment | $908 | $10,896 | $36,320 | $17.46/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,190 | $14,280 | $47,600 | $22.88/hr |
| 3-Bedroom Home | $1,601 | $19,212 | $64,040 | $30.79/hr |
| 4-Bedroom Home | $1,882 | $22,584 | $75,280 | $36.19/hr |
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Frequently Asked Questions About Rent in Gem County, ID
What is the Fair Market Rent for a 2-bedroom in Gem County, ID?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Gem County, ID is $1,190 per month ($14,280 per year).
What hourly wage is needed to afford rent in Gem County, ID?
To comfortably afford a 2-bedroom apartment at $1,190/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.88 per hour ($47,600/year).
What are the HUD Fair Market Rents by bedroom count in Gem County, ID?
Official 2026 HUD rents in Gem County, ID are: Studio: $834/mo, 1-Bedroom: $908/mo, 2-Bedroom: $1,190/mo, 3-Bedroom: $1,601/mo, and 4-Bedroom: $1,882/mo.
How do HUD Fair Market Rents compare to local incomes in Gem County, ID?
At the local Census ACS median household income of $64,605/year ($5,384/month), the benchmark 2-bedroom Fair Market Rent represents 22.1% of monthly income.
How is the 30% housing affordability standard calculated in Gem County, ID?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,190/month, the required minimum annual gross income is calculated as ($1,190 × 12) ÷ 0.30 = $47,600 per year.