Rental Benchmark Overview
2-Bedroom Benchmark Rent
$998$11,976 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hoke County, NC
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hoke County, NC
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 | $756 | $9,072 | $30,240 | $14.54/hr |
| 1-Bedroom Apartment | $761 | $9,132 | $30,440 | $14.63/hr |
| 2-Bedroom ApartmentStandard Benchmark | $998 | $11,976 | $39,920 | $19.19/hr |
| 3-Bedroom Home | $1,388 | $16,656 | $55,520 | $26.69/hr |
| 4-Bedroom Home | $1,674 | $20,088 | $66,960 | $32.19/hr |
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Frequently Asked Questions About Rent in Hoke County, NC
What is the Fair Market Rent for a 2-bedroom in Hoke County, NC?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hoke County, NC is $998 per month ($11,976 per year).
What hourly wage is needed to afford rent in Hoke County, NC?
To comfortably afford a 2-bedroom apartment at $998/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.19 per hour ($39,920/year).
What are the HUD Fair Market Rents by bedroom count in Hoke County, NC?
Official 2026 HUD rents in Hoke County, NC are: Studio: $756/mo, 1-Bedroom: $761/mo, 2-Bedroom: $998/mo, 3-Bedroom: $1,388/mo, and 4-Bedroom: $1,674/mo.
How do HUD Fair Market Rents compare to local incomes in Hoke County, NC?
At the local Census ACS median household income of $64,912/year ($5,409/month), the benchmark 2-bedroom Fair Market Rent represents 18.4% of monthly income.
How is the 30% housing affordability standard calculated in Hoke County, NC?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $998/month, the required minimum annual gross income is calculated as ($998 × 12) ÷ 0.30 = $39,920 per year.