Rental Benchmark Overview
2-Bedroom Benchmark Rent
$937$11,244 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Greer County, OK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Greer 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 | $705 | $8,460 | $28,200 | $13.56/hr |
| 1-Bedroom Apartment | $732 | $8,784 | $29,280 | $14.08/hr |
| 2-Bedroom ApartmentStandard Benchmark | $937 | $11,244 | $37,480 | $18.02/hr |
| 3-Bedroom Home | $1,303 | $15,636 | $52,120 | $25.06/hr |
| 4-Bedroom Home | $1,343 | $16,116 | $53,720 | $25.83/hr |
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Frequently Asked Questions About Rent in Greer County, OK
What is the Fair Market Rent for a 2-bedroom in Greer County, OK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Greer County, OK is $937 per month ($11,244 per year).
What hourly wage is needed to afford rent in Greer County, OK?
To comfortably afford a 2-bedroom apartment at $937/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.02 per hour ($37,480/year).
What are the HUD Fair Market Rents by bedroom count in Greer County, OK?
Official 2026 HUD rents in Greer County, OK are: Studio: $705/mo, 1-Bedroom: $732/mo, 2-Bedroom: $937/mo, 3-Bedroom: $1,303/mo, and 4-Bedroom: $1,343/mo.
How do HUD Fair Market Rents compare to local incomes in Greer County, OK?
At the local Census ACS median household income of $59,406/year ($4,951/month), the benchmark 2-bedroom Fair Market Rent represents 18.9% of monthly income.
How is the 30% housing affordability standard calculated in Greer County, OK?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $937/month, the required minimum annual gross income is calculated as ($937 × 12) ÷ 0.30 = $37,480 per year.