Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,339$16,068 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Greenville County, SC
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Greenville County, SC
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 | $1,166 | $13,992 | $46,640 | $22.42/hr |
| 1-Bedroom Apartment | $1,221 | $14,652 | $48,840 | $23.48/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,339 | $16,068 | $53,560 | $25.75/hr |
| 3-Bedroom Home | $1,612 | $19,344 | $64,480 | $31.00/hr |
| 4-Bedroom Home | $1,943 | $23,316 | $77,720 | $37.37/hr |
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Frequently Asked Questions About Rent in Greenville County, SC
What is the Fair Market Rent for a 2-bedroom in Greenville County, SC?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Greenville County, SC is $1,339 per month ($16,068 per year).
What hourly wage is needed to afford rent in Greenville County, SC?
To comfortably afford a 2-bedroom apartment at $1,339/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.75 per hour ($53,560/year).
What are the HUD Fair Market Rents by bedroom count in Greenville County, SC?
Official 2026 HUD rents in Greenville County, SC are: Studio: $1,166/mo, 1-Bedroom: $1,221/mo, 2-Bedroom: $1,339/mo, 3-Bedroom: $1,612/mo, and 4-Bedroom: $1,943/mo.
How do HUD Fair Market Rents compare to local incomes in Greenville County, SC?
At the local Census ACS median household income of $76,932/year ($6,411/month), the benchmark 2-bedroom Fair Market Rent represents 20.9% of monthly income.
How is the 30% housing affordability standard calculated in Greenville County, SC?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,339/month, the required minimum annual gross income is calculated as ($1,339 × 12) ÷ 0.30 = $53,560 per year.