Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,004$12,048 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Grady County, OK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Grady County, OK
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 | $692 | $8,304 | $27,680 | $13.31/hr |
| 1-Bedroom Apartment | $765 | $9,180 | $30,600 | $14.71/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,004 | $12,048 | $40,160 | $19.31/hr |
| 3-Bedroom Home | $1,343 | $16,116 | $53,720 | $25.83/hr |
| 4-Bedroom Home | $1,684 | $20,208 | $67,360 | $32.38/hr |
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Frequently Asked Questions About Rent in Grady County, OK
What is the Fair Market Rent for a 2-bedroom in Grady County, OK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Grady County, OK is $1,004 per month ($12,048 per year).
What hourly wage is needed to afford rent in Grady County, OK?
To comfortably afford a 2-bedroom apartment at $1,004/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.31 per hour ($40,160/year).
What are the HUD Fair Market Rents by bedroom count in Grady County, OK?
Official 2026 HUD rents in Grady County, OK are: Studio: $692/mo, 1-Bedroom: $765/mo, 2-Bedroom: $1,004/mo, 3-Bedroom: $1,343/mo, and 4-Bedroom: $1,684/mo.
How do HUD Fair Market Rents compare to local incomes in Grady County, OK?
At the local Census ACS median household income of $75,419/year ($6,285/month), the benchmark 2-bedroom Fair Market Rent represents 16% of monthly income.
How is the 30% housing affordability standard calculated in Grady County, OK?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,004/month, the required minimum annual gross income is calculated as ($1,004 × 12) ÷ 0.30 = $40,160 per year.