Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,166$13,992 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Houston County, MN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Houston County, MN
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 | $804 | $9,648 | $32,160 | $15.46/hr |
| 1-Bedroom Apartment | $889 | $10,668 | $35,560 | $17.10/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,166 | $13,992 | $46,640 | $22.42/hr |
| 3-Bedroom Home | $1,515 | $18,180 | $60,600 | $29.13/hr |
| 4-Bedroom Home | $1,903 | $22,836 | $76,120 | $36.60/hr |
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Frequently Asked Questions About Rent in Houston County, MN
What is the Fair Market Rent for a 2-bedroom in Houston County, MN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Houston County, MN is $1,166 per month ($13,992 per year).
What hourly wage is needed to afford rent in Houston County, MN?
To comfortably afford a 2-bedroom apartment at $1,166/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.42 per hour ($46,640/year).
What are the HUD Fair Market Rents by bedroom count in Houston County, MN?
Official 2026 HUD rents in Houston County, MN are: Studio: $804/mo, 1-Bedroom: $889/mo, 2-Bedroom: $1,166/mo, 3-Bedroom: $1,515/mo, and 4-Bedroom: $1,903/mo.
How do HUD Fair Market Rents compare to local incomes in Houston County, MN?
At the local Census ACS median household income of $79,825/year ($6,652/month), the benchmark 2-bedroom Fair Market Rent represents 17.5% of monthly income.
How is the 30% housing affordability standard calculated in Houston County, MN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,166/month, the required minimum annual gross income is calculated as ($1,166 × 12) ÷ 0.30 = $46,640 per year.