Rental Benchmark Overview
2-Bedroom Benchmark Rent
$878$10,536 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Henry County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Henry County, AL
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 | $665 | $7,980 | $26,600 | $12.79/hr |
| 1-Bedroom Apartment | $669 | $8,028 | $26,760 | $12.87/hr |
| 2-Bedroom ApartmentStandard Benchmark | $878 | $10,536 | $35,120 | $16.88/hr |
| 3-Bedroom Home | $1,078 | $12,936 | $43,120 | $20.73/hr |
| 4-Bedroom Home | $1,217 | $14,604 | $48,680 | $23.40/hr |
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Frequently Asked Questions About Rent in Henry County, AL
What is the Fair Market Rent for a 2-bedroom in Henry County, AL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Henry County, AL is $878 per month ($10,536 per year).
What hourly wage is needed to afford rent in Henry County, AL?
To comfortably afford a 2-bedroom apartment at $878/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.88 per hour ($35,120/year).
What are the HUD Fair Market Rents by bedroom count in Henry County, AL?
Official 2026 HUD rents in Henry County, AL are: Studio: $665/mo, 1-Bedroom: $669/mo, 2-Bedroom: $878/mo, 3-Bedroom: $1,078/mo, and 4-Bedroom: $1,217/mo.
How do HUD Fair Market Rents compare to local incomes in Henry County, AL?
At the local Census ACS median household income of $59,931/year ($4,994/month), the benchmark 2-bedroom Fair Market Rent represents 17.6% of monthly income.
How is the 30% housing affordability standard calculated in Henry County, AL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $878/month, the required minimum annual gross income is calculated as ($878 × 12) ÷ 0.30 = $35,120 per year.