Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,078$12,936 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Holmes County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Holmes County, FL
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 | $939 | $11,268 | $37,560 | $18.06/hr |
| 1-Bedroom Apartment | $983 | $11,796 | $39,320 | $18.90/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,078 | $12,936 | $43,120 | $20.73/hr |
| 3-Bedroom Home | $1,423 | $17,076 | $56,920 | $27.37/hr |
| 4-Bedroom Home | $1,427 | $17,124 | $57,080 | $27.44/hr |
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Frequently Asked Questions About Rent in Holmes County, FL
What is the Fair Market Rent for a 2-bedroom in Holmes County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Holmes County, FL is $1,078 per month ($12,936 per year).
What hourly wage is needed to afford rent in Holmes County, FL?
To comfortably afford a 2-bedroom apartment at $1,078/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.73 per hour ($43,120/year).
What are the HUD Fair Market Rents by bedroom count in Holmes County, FL?
Official 2026 HUD rents in Holmes County, FL are: Studio: $939/mo, 1-Bedroom: $983/mo, 2-Bedroom: $1,078/mo, 3-Bedroom: $1,423/mo, and 4-Bedroom: $1,427/mo.
How do HUD Fair Market Rents compare to local incomes in Holmes County, FL?
At the local Census ACS median household income of $49,343/year ($4,112/month), the benchmark 2-bedroom Fair Market Rent represents 26.2% of monthly income.
How is the 30% housing affordability standard calculated in Holmes County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,078/month, the required minimum annual gross income is calculated as ($1,078 × 12) ÷ 0.30 = $43,120 per year.