Rental Benchmark Overview
2-Bedroom Benchmark Rent
$905$10,860 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Greene County, AR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Greene 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 | $648 | $7,776 | $25,920 | $12.46/hr |
| 1-Bedroom Apartment | $772 | $9,264 | $30,880 | $14.85/hr |
| 2-Bedroom ApartmentStandard Benchmark | $905 | $10,860 | $36,200 | $17.40/hr |
| 3-Bedroom Home | $1,259 | $15,108 | $50,360 | $24.21/hr |
| 4-Bedroom Home | $1,492 | $17,904 | $59,680 | $28.69/hr |
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Frequently Asked Questions About Rent in Greene County, AR
What is the Fair Market Rent for a 2-bedroom in Greene County, AR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Greene County, AR is $905 per month ($10,860 per year).
What hourly wage is needed to afford rent in Greene County, AR?
To comfortably afford a 2-bedroom apartment at $905/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.40 per hour ($36,200/year).
What are the HUD Fair Market Rents by bedroom count in Greene County, AR?
Official 2026 HUD rents in Greene County, AR are: Studio: $648/mo, 1-Bedroom: $772/mo, 2-Bedroom: $905/mo, 3-Bedroom: $1,259/mo, and 4-Bedroom: $1,492/mo.
How do HUD Fair Market Rents compare to local incomes in Greene County, AR?
At the local Census ACS median household income of $57,839/year ($4,820/month), the benchmark 2-bedroom Fair Market Rent represents 18.8% of monthly income.
How is the 30% housing affordability standard calculated in Greene County, AR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $905/month, the required minimum annual gross income is calculated as ($905 × 12) ÷ 0.30 = $36,200 per year.