Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,493$17,916 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Gilchrist County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Gilchrist County, FL
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 | $1,154 | $13,848 | $46,160 | $22.19/hr |
| 1-Bedroom Apartment | $1,246 | $14,952 | $49,840 | $23.96/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,493 | $17,916 | $59,720 | $28.71/hr |
| 3-Bedroom Home | $1,868 | $22,416 | $74,720 | $35.92/hr |
| 4-Bedroom Home | $1,977 | $23,724 | $79,080 | $38.02/hr |
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Frequently Asked Questions About Rent in Gilchrist County, FL
What is the Fair Market Rent for a 2-bedroom in Gilchrist County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Gilchrist County, FL is $1,493 per month ($17,916 per year).
What hourly wage is needed to afford rent in Gilchrist County, FL?
To comfortably afford a 2-bedroom apartment at $1,493/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $28.71 per hour ($59,720/year).
What are the HUD Fair Market Rents by bedroom count in Gilchrist County, FL?
Official 2026 HUD rents in Gilchrist County, FL are: Studio: $1,154/mo, 1-Bedroom: $1,246/mo, 2-Bedroom: $1,493/mo, 3-Bedroom: $1,868/mo, and 4-Bedroom: $1,977/mo.
How do HUD Fair Market Rents compare to local incomes in Gilchrist County, FL?
At the local Census ACS median household income of $63,523/year ($5,294/month), the benchmark 2-bedroom Fair Market Rent represents 28.2% of monthly income.
How is the 30% housing affordability standard calculated in Gilchrist County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,493/month, the required minimum annual gross income is calculated as ($1,493 × 12) ÷ 0.30 = $59,720 per year.