Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,186$14,232 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Jerome County, ID
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Jerome County, ID
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 | $819 | $9,828 | $32,760 | $15.75/hr |
| 1-Bedroom Apartment | $986 | $11,832 | $39,440 | $18.96/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,186 | $14,232 | $47,440 | $22.81/hr |
| 3-Bedroom Home | $1,599 | $19,188 | $63,960 | $30.75/hr |
| 4-Bedroom Home | $1,990 | $23,880 | $79,600 | $38.27/hr |
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Frequently Asked Questions About Rent in Jerome County, ID
What is the Fair Market Rent for a 2-bedroom in Jerome County, ID?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Jerome County, ID is $1,186 per month ($14,232 per year).
What hourly wage is needed to afford rent in Jerome County, ID?
To comfortably afford a 2-bedroom apartment at $1,186/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.81 per hour ($47,440/year).
What are the HUD Fair Market Rents by bedroom count in Jerome County, ID?
Official 2026 HUD rents in Jerome County, ID are: Studio: $819/mo, 1-Bedroom: $986/mo, 2-Bedroom: $1,186/mo, 3-Bedroom: $1,599/mo, and 4-Bedroom: $1,990/mo.
How do HUD Fair Market Rents compare to local incomes in Jerome County, ID?
At the local Census ACS median household income of $71,724/year ($5,977/month), the benchmark 2-bedroom Fair Market Rent represents 19.8% of monthly income.
How is the 30% housing affordability standard calculated in Jerome County, ID?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,186/month, the required minimum annual gross income is calculated as ($1,186 × 12) ÷ 0.30 = $47,440 per year.