Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,141$13,692 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Johnson County, IA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Johnson 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 | $880 | $10,560 | $35,200 | $16.92/hr |
| 1-Bedroom Apartment | $961 | $11,532 | $38,440 | $18.48/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,141 | $13,692 | $45,640 | $21.94/hr |
| 3-Bedroom Home | $1,587 | $19,044 | $63,480 | $30.52/hr |
| 4-Bedroom Home | $1,914 | $22,968 | $76,560 | $36.81/hr |
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Frequently Asked Questions About Rent in Johnson County, IA
What is the Fair Market Rent for a 2-bedroom in Johnson County, IA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Johnson County, IA is $1,141 per month ($13,692 per year).
What hourly wage is needed to afford rent in Johnson County, IA?
To comfortably afford a 2-bedroom apartment at $1,141/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.94 per hour ($45,640/year).
What are the HUD Fair Market Rents by bedroom count in Johnson County, IA?
Official 2026 HUD rents in Johnson County, IA are: Studio: $880/mo, 1-Bedroom: $961/mo, 2-Bedroom: $1,141/mo, 3-Bedroom: $1,587/mo, and 4-Bedroom: $1,914/mo.
How do HUD Fair Market Rents compare to local incomes in Johnson County, IA?
At the local Census ACS median household income of $74,935/year ($6,245/month), the benchmark 2-bedroom Fair Market Rent represents 18.3% of monthly income.
How is the 30% housing affordability standard calculated in Johnson County, IA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,141/month, the required minimum annual gross income is calculated as ($1,141 × 12) ÷ 0.30 = $45,640 per year.