Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,429$17,148 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hamilton County, NY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hamilton County, NY
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 | $1,075 | $12,900 | $43,000 | $20.67/hr |
| 1-Bedroom Apartment | $1,089 | $13,068 | $43,560 | $20.94/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,429 | $17,148 | $57,160 | $27.48/hr |
| 3-Bedroom Home | $1,713 | $20,556 | $68,520 | $32.94/hr |
| 4-Bedroom Home | $1,892 | $22,704 | $75,680 | $36.38/hr |
See comprehensive cost of living profile for Hamilton County, NY →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across New York:
Frequently Asked Questions About Rent in Hamilton County, NY
What is the Fair Market Rent for a 2-bedroom in Hamilton County, NY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hamilton County, NY is $1,429 per month ($17,148 per year).
What hourly wage is needed to afford rent in Hamilton County, NY?
To comfortably afford a 2-bedroom apartment at $1,429/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $27.48 per hour ($57,160/year).
What are the HUD Fair Market Rents by bedroom count in Hamilton County, NY?
Official 2026 HUD rents in Hamilton County, NY are: Studio: $1,075/mo, 1-Bedroom: $1,089/mo, 2-Bedroom: $1,429/mo, 3-Bedroom: $1,713/mo, and 4-Bedroom: $1,892/mo.
How do HUD Fair Market Rents compare to local incomes in Hamilton County, NY?
At the local Census ACS median household income of $68,835/year ($5,736/month), the benchmark 2-bedroom Fair Market Rent represents 24.9% of monthly income.
How is the 30% housing affordability standard calculated in Hamilton County, NY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,429/month, the required minimum annual gross income is calculated as ($1,429 × 12) ÷ 0.30 = $57,160 per year.