Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,215$14,580 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hall County, NE
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hall County, NE
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 | $867 | $10,404 | $34,680 | $16.67/hr |
| 1-Bedroom Apartment | $978 | $11,736 | $39,120 | $18.81/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,215 | $14,580 | $48,600 | $23.37/hr |
| 3-Bedroom Home | $1,530 | $18,360 | $61,200 | $29.42/hr |
| 4-Bedroom Home | $2,005 | $24,060 | $80,200 | $38.56/hr |
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Frequently Asked Questions About Rent in Hall County, NE
What is the Fair Market Rent for a 2-bedroom in Hall County, NE?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hall County, NE is $1,215 per month ($14,580 per year).
What hourly wage is needed to afford rent in Hall County, NE?
To comfortably afford a 2-bedroom apartment at $1,215/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.37 per hour ($48,600/year).
What are the HUD Fair Market Rents by bedroom count in Hall County, NE?
Official 2026 HUD rents in Hall County, NE are: Studio: $867/mo, 1-Bedroom: $978/mo, 2-Bedroom: $1,215/mo, 3-Bedroom: $1,530/mo, and 4-Bedroom: $2,005/mo.
How do HUD Fair Market Rents compare to local incomes in Hall County, NE?
At the local Census ACS median household income of $69,251/year ($5,771/month), the benchmark 2-bedroom Fair Market Rent represents 21.1% of monthly income.
How is the 30% housing affordability standard calculated in Hall County, NE?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,215/month, the required minimum annual gross income is calculated as ($1,215 × 12) ÷ 0.30 = $48,600 per year.