Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,469$17,628 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hanford, CA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hanford, CA
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 | $1,150 | $13,800 | $46,000 | $22.12/hr |
| 1-Bedroom Apartment | $1,157 | $13,884 | $46,280 | $22.25/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,469 | $17,628 | $58,760 | $28.25/hr |
| 3-Bedroom Home | $2,043 | $24,516 | $81,720 | $39.29/hr |
| 4-Bedroom Home | $2,451 | $29,412 | $98,040 | $47.13/hr |
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Frequently Asked Questions About Rent in Hanford, CA
What is the Fair Market Rent for a 2-bedroom in Hanford, CA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hanford, CA is $1,469 per month ($17,628 per year).
What hourly wage is needed to afford rent in Hanford, CA?
To comfortably afford a 2-bedroom apartment at $1,469/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $28.25 per hour ($58,760/year).
What are the HUD Fair Market Rents by bedroom count in Hanford, CA?
Official 2026 HUD rents in Hanford, CA are: Studio: $1,150/mo, 1-Bedroom: $1,157/mo, 2-Bedroom: $1,469/mo, 3-Bedroom: $2,043/mo, and 4-Bedroom: $2,451/mo.
How do HUD Fair Market Rents compare to local incomes in Hanford, CA?
At the local Census ACS median household income of $76,461/year ($6,372/month), the benchmark 2-bedroom Fair Market Rent represents 23.1% of monthly income.
How is the 30% housing affordability standard calculated in Hanford, CA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,469/month, the required minimum annual gross income is calculated as ($1,469 × 12) ÷ 0.30 = $58,760 per year.