Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,225$14,700 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Homosassa Springs, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Homosassa Springs, 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 | $981 | $11,772 | $39,240 | $18.87/hr |
| 1-Bedroom Apartment | $988 | $11,856 | $39,520 | $19.00/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,225 | $14,700 | $49,000 | $23.56/hr |
| 3-Bedroom Home | $1,704 | $20,448 | $68,160 | $32.77/hr |
| 4-Bedroom Home | $2,016 | $24,192 | $80,640 | $38.77/hr |
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Frequently Asked Questions About Rent in Homosassa Springs, FL
What is the Fair Market Rent for a 2-bedroom in Homosassa Springs, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Homosassa Springs, FL is $1,225 per month ($14,700 per year).
What hourly wage is needed to afford rent in Homosassa Springs, FL?
To comfortably afford a 2-bedroom apartment at $1,225/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.56 per hour ($49,000/year).
What are the HUD Fair Market Rents by bedroom count in Homosassa Springs, FL?
Official 2026 HUD rents in Homosassa Springs, FL are: Studio: $981/mo, 1-Bedroom: $988/mo, 2-Bedroom: $1,225/mo, 3-Bedroom: $1,704/mo, and 4-Bedroom: $2,016/mo.
How do HUD Fair Market Rents compare to local incomes in Homosassa Springs, FL?
At the local Census ACS median household income of $48,049/year ($4,004/month), the benchmark 2-bedroom Fair Market Rent represents 30.6% of monthly income.
How is the 30% housing affordability standard calculated in Homosassa Springs, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,225/month, the required minimum annual gross income is calculated as ($1,225 × 12) ÷ 0.30 = $49,000 per year.