Rental Benchmark Overview
2-Bedroom Benchmark Rent
$933$11,196 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Jasper County, IL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Jasper County, IL
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 | $643 | $7,716 | $25,720 | $12.37/hr |
| 1-Bedroom Apartment | $719 | $8,628 | $28,760 | $13.83/hr |
| 2-Bedroom ApartmentStandard Benchmark | $933 | $11,196 | $37,320 | $17.94/hr |
| 3-Bedroom Home | $1,119 | $13,428 | $44,760 | $21.52/hr |
| 4-Bedroom Home | $1,333 | $15,996 | $53,320 | $25.63/hr |
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Frequently Asked Questions About Rent in Jasper County, IL
What is the Fair Market Rent for a 2-bedroom in Jasper County, IL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Jasper County, IL is $933 per month ($11,196 per year).
What hourly wage is needed to afford rent in Jasper County, IL?
To comfortably afford a 2-bedroom apartment at $933/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.94 per hour ($37,320/year).
What are the HUD Fair Market Rents by bedroom count in Jasper County, IL?
Official 2026 HUD rents in Jasper County, IL are: Studio: $643/mo, 1-Bedroom: $719/mo, 2-Bedroom: $933/mo, 3-Bedroom: $1,119/mo, and 4-Bedroom: $1,333/mo.
How do HUD Fair Market Rents compare to local incomes in Jasper County, IL?
At the local Census ACS median household income of $74,755/year ($6,230/month), the benchmark 2-bedroom Fair Market Rent represents 15% of monthly income.
How is the 30% housing affordability standard calculated in Jasper County, IL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $933/month, the required minimum annual gross income is calculated as ($933 × 12) ÷ 0.30 = $37,320 per year.