Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,008$12,096 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Jasper County, IA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Jasper County, IA
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 | $784 | $9,408 | $31,360 | $15.08/hr |
| 1-Bedroom Apartment | $789 | $9,468 | $31,560 | $15.17/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,008 | $12,096 | $40,320 | $19.38/hr |
| 3-Bedroom Home | $1,348 | $16,176 | $53,920 | $25.92/hr |
| 4-Bedroom Home | $1,372 | $16,464 | $54,880 | $26.38/hr |
See comprehensive cost of living profile for Jasper County, IA →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Iowa:
Frequently Asked Questions About Rent in Jasper County, IA
What is the Fair Market Rent for a 2-bedroom in Jasper County, IA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Jasper County, IA is $1,008 per month ($12,096 per year).
What hourly wage is needed to afford rent in Jasper County, IA?
To comfortably afford a 2-bedroom apartment at $1,008/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.38 per hour ($40,320/year).
What are the HUD Fair Market Rents by bedroom count in Jasper County, IA?
Official 2026 HUD rents in Jasper County, IA are: Studio: $784/mo, 1-Bedroom: $789/mo, 2-Bedroom: $1,008/mo, 3-Bedroom: $1,348/mo, and 4-Bedroom: $1,372/mo.
How do HUD Fair Market Rents compare to local incomes in Jasper County, IA?
At the local Census ACS median household income of $71,311/year ($5,943/month), the benchmark 2-bedroom Fair Market Rent represents 17% of monthly income.
How is the 30% housing affordability standard calculated in Jasper County, IA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,008/month, the required minimum annual gross income is calculated as ($1,008 × 12) ÷ 0.30 = $40,320 per year.