Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,115$13,380 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hopkins County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hopkins County, TX
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 | $910 | $10,920 | $36,400 | $17.50/hr |
| 1-Bedroom Apartment | $952 | $11,424 | $38,080 | $18.31/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,115 | $13,380 | $44,600 | $21.44/hr |
| 3-Bedroom Home | $1,471 | $17,652 | $58,840 | $28.29/hr |
| 4-Bedroom Home | $1,476 | $17,712 | $59,040 | $28.38/hr |
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Frequently Asked Questions About Rent in Hopkins County, TX
What is the Fair Market Rent for a 2-bedroom in Hopkins County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hopkins County, TX is $1,115 per month ($13,380 per year).
What hourly wage is needed to afford rent in Hopkins County, TX?
To comfortably afford a 2-bedroom apartment at $1,115/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.44 per hour ($44,600/year).
What are the HUD Fair Market Rents by bedroom count in Hopkins County, TX?
Official 2026 HUD rents in Hopkins County, TX are: Studio: $910/mo, 1-Bedroom: $952/mo, 2-Bedroom: $1,115/mo, 3-Bedroom: $1,471/mo, and 4-Bedroom: $1,476/mo.
How do HUD Fair Market Rents compare to local incomes in Hopkins County, TX?
At the local Census ACS median household income of $70,888/year ($5,907/month), the benchmark 2-bedroom Fair Market Rent represents 18.9% of monthly income.
How is the 30% housing affordability standard calculated in Hopkins County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,115/month, the required minimum annual gross income is calculated as ($1,115 × 12) ÷ 0.30 = $44,600 per year.