Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,322$15,864 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Harrisonburg, VA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Harrisonburg, VA
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 | $1,050 | $12,600 | $42,000 | $20.19/hr |
| 1-Bedroom Apartment | $1,057 | $12,684 | $42,280 | $20.33/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,322 | $15,864 | $52,880 | $25.42/hr |
| 3-Bedroom Home | $1,801 | $21,612 | $72,040 | $34.63/hr |
| 4-Bedroom Home | $2,125 | $25,500 | $85,000 | $40.87/hr |
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Frequently Asked Questions About Rent in Harrisonburg, VA
What is the Fair Market Rent for a 2-bedroom in Harrisonburg, VA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Harrisonburg, VA is $1,322 per month ($15,864 per year).
What hourly wage is needed to afford rent in Harrisonburg, VA?
To comfortably afford a 2-bedroom apartment at $1,322/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.42 per hour ($52,880/year).
What are the HUD Fair Market Rents by bedroom count in Harrisonburg, VA?
Official 2026 HUD rents in Harrisonburg, VA are: Studio: $1,050/mo, 1-Bedroom: $1,057/mo, 2-Bedroom: $1,322/mo, 3-Bedroom: $1,801/mo, and 4-Bedroom: $2,125/mo.
How do HUD Fair Market Rents compare to local incomes in Harrisonburg, VA?
At the local Census ACS median household income of $62,254/year ($5,188/month), the benchmark 2-bedroom Fair Market Rent represents 25.5% of monthly income.
How is the 30% housing affordability standard calculated in Harrisonburg, VA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,322/month, the required minimum annual gross income is calculated as ($1,322 × 12) ÷ 0.30 = $52,880 per year.