Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,199$14,388 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Gregg County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Gregg County, TX
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 | $1,007 | $12,084 | $40,280 | $19.37/hr |
| 1-Bedroom Apartment | $1,013 | $12,156 | $40,520 | $19.48/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,199 | $14,388 | $47,960 | $23.06/hr |
| 3-Bedroom Home | $1,606 | $19,272 | $64,240 | $30.88/hr |
| 4-Bedroom Home | $1,694 | $20,328 | $67,760 | $32.58/hr |
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Frequently Asked Questions About Rent in Gregg County, TX
What is the Fair Market Rent for a 2-bedroom in Gregg County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Gregg County, TX is $1,199 per month ($14,388 per year).
What hourly wage is needed to afford rent in Gregg County, TX?
To comfortably afford a 2-bedroom apartment at $1,199/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.06 per hour ($47,960/year).
What are the HUD Fair Market Rents by bedroom count in Gregg County, TX?
Official 2026 HUD rents in Gregg County, TX are: Studio: $1,007/mo, 1-Bedroom: $1,013/mo, 2-Bedroom: $1,199/mo, 3-Bedroom: $1,606/mo, and 4-Bedroom: $1,694/mo.
How do HUD Fair Market Rents compare to local incomes in Gregg County, TX?
At the local Census ACS median household income of $66,550/year ($5,546/month), the benchmark 2-bedroom Fair Market Rent represents 21.6% of monthly income.
How is the 30% housing affordability standard calculated in Gregg County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,199/month, the required minimum annual gross income is calculated as ($1,199 × 12) ÷ 0.30 = $47,960 per year.