Rental Benchmark Overview
2-Bedroom Benchmark Rent
$908$10,896 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hempstead County, AR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hempstead County, AR
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 | $650 | $7,800 | $26,000 | $12.50/hr |
| 1-Bedroom Apartment | $692 | $8,304 | $27,680 | $13.31/hr |
| 2-Bedroom ApartmentStandard Benchmark | $908 | $10,896 | $36,320 | $17.46/hr |
| 3-Bedroom Home | $1,188 | $14,256 | $47,520 | $22.85/hr |
| 4-Bedroom Home | $1,404 | $16,848 | $56,160 | $27.00/hr |
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Frequently Asked Questions About Rent in Hempstead County, AR
What is the Fair Market Rent for a 2-bedroom in Hempstead County, AR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hempstead County, AR is $908 per month ($10,896 per year).
What hourly wage is needed to afford rent in Hempstead County, AR?
To comfortably afford a 2-bedroom apartment at $908/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.46 per hour ($36,320/year).
What are the HUD Fair Market Rents by bedroom count in Hempstead County, AR?
Official 2026 HUD rents in Hempstead County, AR are: Studio: $650/mo, 1-Bedroom: $692/mo, 2-Bedroom: $908/mo, 3-Bedroom: $1,188/mo, and 4-Bedroom: $1,404/mo.
How do HUD Fair Market Rents compare to local incomes in Hempstead County, AR?
At the local Census ACS median household income of $46,787/year ($3,899/month), the benchmark 2-bedroom Fair Market Rent represents 23.3% of monthly income.
How is the 30% housing affordability standard calculated in Hempstead County, AR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $908/month, the required minimum annual gross income is calculated as ($908 × 12) ÷ 0.30 = $36,320 per year.