Rental Benchmark Overview
2-Bedroom Benchmark Rent
$2,076$24,912 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hawaii County, HI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hawaii County, HI
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 | $1,592 | $19,104 | $63,680 | $30.62/hr |
| 1-Bedroom Apartment | $1,603 | $19,236 | $64,120 | $30.83/hr |
| 2-Bedroom ApartmentStandard Benchmark | $2,076 | $24,912 | $83,040 | $39.92/hr |
| 3-Bedroom Home | $2,622 | $31,464 | $104,880 | $50.42/hr |
| 4-Bedroom Home | $3,024 | $36,288 | $120,960 | $58.15/hr |
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Frequently Asked Questions About Rent in Hawaii County, HI
What is the Fair Market Rent for a 2-bedroom in Hawaii County, HI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hawaii County, HI is $2,076 per month ($24,912 per year).
What hourly wage is needed to afford rent in Hawaii County, HI?
To comfortably afford a 2-bedroom apartment at $2,076/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $39.92 per hour ($83,040/year).
What are the HUD Fair Market Rents by bedroom count in Hawaii County, HI?
Official 2026 HUD rents in Hawaii County, HI are: Studio: $1,592/mo, 1-Bedroom: $1,603/mo, 2-Bedroom: $2,076/mo, 3-Bedroom: $2,622/mo, and 4-Bedroom: $3,024/mo.
How do HUD Fair Market Rents compare to local incomes in Hawaii County, HI?
At the local Census ACS median household income of $78,639/year ($6,553/month), the benchmark 2-bedroom Fair Market Rent represents 31.7% of monthly income.
How is the 30% housing affordability standard calculated in Hawaii County, HI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $2,076/month, the required minimum annual gross income is calculated as ($2,076 × 12) ÷ 0.30 = $83,040 per year.