Rental Benchmark Overview
2-Bedroom Benchmark Rent
$982$11,784 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Henry County, OH
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Henry County, OH
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 | $761 | $9,132 | $30,440 | $14.63/hr |
| 1-Bedroom Apartment | $766 | $9,192 | $30,640 | $14.73/hr |
| 2-Bedroom ApartmentStandard Benchmark | $982 | $11,784 | $39,280 | $18.88/hr |
| 3-Bedroom Home | $1,303 | $15,636 | $52,120 | $25.06/hr |
| 4-Bedroom Home | $1,647 | $19,764 | $65,880 | $31.67/hr |
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Frequently Asked Questions About Rent in Henry County, OH
What is the Fair Market Rent for a 2-bedroom in Henry County, OH?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Henry County, OH is $982 per month ($11,784 per year).
What hourly wage is needed to afford rent in Henry County, OH?
To comfortably afford a 2-bedroom apartment at $982/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.88 per hour ($39,280/year).
What are the HUD Fair Market Rents by bedroom count in Henry County, OH?
Official 2026 HUD rents in Henry County, OH are: Studio: $761/mo, 1-Bedroom: $766/mo, 2-Bedroom: $982/mo, 3-Bedroom: $1,303/mo, and 4-Bedroom: $1,647/mo.
How do HUD Fair Market Rents compare to local incomes in Henry County, OH?
At the local Census ACS median household income of $80,099/year ($6,675/month), the benchmark 2-bedroom Fair Market Rent represents 14.7% of monthly income.
How is the 30% housing affordability standard calculated in Henry County, OH?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $982/month, the required minimum annual gross income is calculated as ($982 × 12) ÷ 0.30 = $39,280 per year.