Rental Benchmark Overview
2-Bedroom Benchmark Rent
$968$11,616 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Grant County, AR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Grant County, AR
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 | $795 | $9,540 | $31,800 | $15.29/hr |
| 1-Bedroom Apartment | $800 | $9,600 | $32,000 | $15.38/hr |
| 2-Bedroom ApartmentStandard Benchmark | $968 | $11,616 | $38,720 | $18.62/hr |
| 3-Bedroom Home | $1,226 | $14,712 | $49,040 | $23.58/hr |
| 4-Bedroom Home | $1,539 | $18,468 | $61,560 | $29.60/hr |
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Frequently Asked Questions About Rent in Grant County, AR
What is the Fair Market Rent for a 2-bedroom in Grant County, AR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Grant County, AR is $968 per month ($11,616 per year).
What hourly wage is needed to afford rent in Grant County, AR?
To comfortably afford a 2-bedroom apartment at $968/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.62 per hour ($38,720/year).
What are the HUD Fair Market Rents by bedroom count in Grant County, AR?
Official 2026 HUD rents in Grant County, AR are: Studio: $795/mo, 1-Bedroom: $800/mo, 2-Bedroom: $968/mo, 3-Bedroom: $1,226/mo, and 4-Bedroom: $1,539/mo.
How do HUD Fair Market Rents compare to local incomes in Grant County, AR?
At the local Census ACS median household income of $71,549/year ($5,962/month), the benchmark 2-bedroom Fair Market Rent represents 16.2% of monthly income.
How is the 30% housing affordability standard calculated in Grant County, AR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $968/month, the required minimum annual gross income is calculated as ($968 × 12) ÷ 0.30 = $38,720 per year.