Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,165$13,980 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Jackson, MI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Jackson, MI
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 | $838 | $10,056 | $33,520 | $16.12/hr |
| 1-Bedroom Apartment | $946 | $11,352 | $37,840 | $18.19/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,165 | $13,980 | $46,600 | $22.40/hr |
| 3-Bedroom Home | $1,534 | $18,408 | $61,360 | $29.50/hr |
| 4-Bedroom Home | $1,626 | $19,512 | $65,040 | $31.27/hr |
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Frequently Asked Questions About Rent in Jackson, MI
What is the Fair Market Rent for a 2-bedroom in Jackson, MI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Jackson, MI is $1,165 per month ($13,980 per year).
What hourly wage is needed to afford rent in Jackson, MI?
To comfortably afford a 2-bedroom apartment at $1,165/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.40 per hour ($46,600/year).
What are the HUD Fair Market Rents by bedroom count in Jackson, MI?
Official 2026 HUD rents in Jackson, MI are: Studio: $838/mo, 1-Bedroom: $946/mo, 2-Bedroom: $1,165/mo, 3-Bedroom: $1,534/mo, and 4-Bedroom: $1,626/mo.
How do HUD Fair Market Rents compare to local incomes in Jackson, MI?
At the local Census ACS median household income of $44,558/year ($3,713/month), the benchmark 2-bedroom Fair Market Rent represents 31.4% of monthly income.
How is the 30% housing affordability standard calculated in Jackson, MI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,165/month, the required minimum annual gross income is calculated as ($1,165 × 12) ÷ 0.30 = $46,600 per year.