Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,839$22,068 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Gilbert, AZ
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Gilbert, AZ
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 | $1,457 | $17,484 | $58,280 | $28.02/hr |
| 1-Bedroom Apartment | $1,583 | $18,996 | $63,320 | $30.44/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,839 | $22,068 | $73,560 | $35.37/hr |
| 3-Bedroom Home | $2,452 | $29,424 | $98,080 | $47.15/hr |
| 4-Bedroom Home | $2,720 | $32,640 | $108,800 | $52.31/hr |
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Frequently Asked Questions About Rent in Gilbert, AZ
What is the Fair Market Rent for a 2-bedroom in Gilbert, AZ?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Gilbert, AZ is $1,839 per month ($22,068 per year).
What hourly wage is needed to afford rent in Gilbert, AZ?
To comfortably afford a 2-bedroom apartment at $1,839/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $35.37 per hour ($73,560/year).
What are the HUD Fair Market Rents by bedroom count in Gilbert, AZ?
Official 2026 HUD rents in Gilbert, AZ are: Studio: $1,457/mo, 1-Bedroom: $1,583/mo, 2-Bedroom: $1,839/mo, 3-Bedroom: $2,452/mo, and 4-Bedroom: $2,720/mo.
How do HUD Fair Market Rents compare to local incomes in Gilbert, AZ?
At the local Census ACS median household income of $122,551/year ($10,213/month), the benchmark 2-bedroom Fair Market Rent represents 18% of monthly income.
How is the 30% housing affordability standard calculated in Gilbert, AZ?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,839/month, the required minimum annual gross income is calculated as ($1,839 × 12) ÷ 0.30 = $73,560 per year.