Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,438$17,256 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Gillespie County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Gillespie 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 | $1,089 | $13,068 | $43,560 | $20.94/hr |
| 1-Bedroom Apartment | $1,096 | $13,152 | $43,840 | $21.08/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,438 | $17,256 | $57,520 | $27.65/hr |
| 3-Bedroom Home | $1,806 | $21,672 | $72,240 | $34.73/hr |
| 4-Bedroom Home | $2,116 | $25,392 | $84,640 | $40.69/hr |
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Frequently Asked Questions About Rent in Gillespie County, TX
What is the Fair Market Rent for a 2-bedroom in Gillespie County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Gillespie County, TX is $1,438 per month ($17,256 per year).
What hourly wage is needed to afford rent in Gillespie County, TX?
To comfortably afford a 2-bedroom apartment at $1,438/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.65 per hour ($57,520/year).
What are the HUD Fair Market Rents by bedroom count in Gillespie County, TX?
Official 2026 HUD rents in Gillespie County, TX are: Studio: $1,089/mo, 1-Bedroom: $1,096/mo, 2-Bedroom: $1,438/mo, 3-Bedroom: $1,806/mo, and 4-Bedroom: $2,116/mo.
How do HUD Fair Market Rents compare to local incomes in Gillespie County, TX?
At the local Census ACS median household income of $76,162/year ($6,347/month), the benchmark 2-bedroom Fair Market Rent represents 22.7% of monthly income.
How is the 30% housing affordability standard calculated in Gillespie County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,438/month, the required minimum annual gross income is calculated as ($1,438 × 12) ÷ 0.30 = $57,520 per year.