Rental Benchmark Overview
2-Bedroom Benchmark Rent
$900$10,800 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hopkins County, KY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hopkins County, KY
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 | $662 | $7,944 | $26,480 | $12.73/hr |
| 1-Bedroom Apartment | $686 | $8,232 | $27,440 | $13.19/hr |
| 2-Bedroom ApartmentStandard Benchmark | $900 | $10,800 | $36,000 | $17.31/hr |
| 3-Bedroom Home | $1,163 | $13,956 | $46,520 | $22.37/hr |
| 4-Bedroom Home | $1,330 | $15,960 | $53,200 | $25.58/hr |
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Frequently Asked Questions About Rent in Hopkins County, KY
What is the Fair Market Rent for a 2-bedroom in Hopkins County, KY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hopkins County, KY is $900 per month ($10,800 per year).
What hourly wage is needed to afford rent in Hopkins County, KY?
To comfortably afford a 2-bedroom apartment at $900/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.31 per hour ($36,000/year).
What are the HUD Fair Market Rents by bedroom count in Hopkins County, KY?
Official 2026 HUD rents in Hopkins County, KY are: Studio: $662/mo, 1-Bedroom: $686/mo, 2-Bedroom: $900/mo, 3-Bedroom: $1,163/mo, and 4-Bedroom: $1,330/mo.
How do HUD Fair Market Rents compare to local incomes in Hopkins County, KY?
At the local Census ACS median household income of $56,815/year ($4,735/month), the benchmark 2-bedroom Fair Market Rent represents 19% of monthly income.
How is the 30% housing affordability standard calculated in Hopkins County, KY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $900/month, the required minimum annual gross income is calculated as ($900 × 12) ÷ 0.30 = $36,000 per year.