Rental Benchmark Overview
2-Bedroom Benchmark Rent
$883$10,596 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Howard County, AR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Howard County, AR
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 | $632 | $7,584 | $25,280 | $12.15/hr |
| 1-Bedroom Apartment | $673 | $8,076 | $26,920 | $12.94/hr |
| 2-Bedroom ApartmentStandard Benchmark | $883 | $10,596 | $35,320 | $16.98/hr |
| 3-Bedroom Home | $1,059 | $12,708 | $42,360 | $20.37/hr |
| 4-Bedroom Home | $1,272 | $15,264 | $50,880 | $24.46/hr |
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Frequently Asked Questions About Rent in Howard County, AR
What is the Fair Market Rent for a 2-bedroom in Howard County, AR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Howard County, AR is $883 per month ($10,596 per year).
What hourly wage is needed to afford rent in Howard County, AR?
To comfortably afford a 2-bedroom apartment at $883/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.98 per hour ($35,320/year).
What are the HUD Fair Market Rents by bedroom count in Howard County, AR?
Official 2026 HUD rents in Howard County, AR are: Studio: $632/mo, 1-Bedroom: $673/mo, 2-Bedroom: $883/mo, 3-Bedroom: $1,059/mo, and 4-Bedroom: $1,272/mo.
How do HUD Fair Market Rents compare to local incomes in Howard County, AR?
At the local Census ACS median household income of $45,603/year ($3,800/month), the benchmark 2-bedroom Fair Market Rent represents 23.2% of monthly income.
How is the 30% housing affordability standard calculated in Howard County, AR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $883/month, the required minimum annual gross income is calculated as ($883 × 12) ÷ 0.30 = $35,320 per year.