Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,142$13,704 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Kosciusko County, IN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Kosciusko County, IN
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 | $875 | $10,500 | $35,000 | $16.83/hr |
| 1-Bedroom Apartment | $881 | $10,572 | $35,240 | $16.94/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,142 | $13,704 | $45,680 | $21.96/hr |
| 3-Bedroom Home | $1,385 | $16,620 | $55,400 | $26.63/hr |
| 4-Bedroom Home | $1,560 | $18,720 | $62,400 | $30.00/hr |
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Frequently Asked Questions About Rent in Kosciusko County, IN
What is the Fair Market Rent for a 2-bedroom in Kosciusko County, IN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Kosciusko County, IN is $1,142 per month ($13,704 per year).
What hourly wage is needed to afford rent in Kosciusko County, IN?
To comfortably afford a 2-bedroom apartment at $1,142/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.96 per hour ($45,680/year).
What are the HUD Fair Market Rents by bedroom count in Kosciusko County, IN?
Official 2026 HUD rents in Kosciusko County, IN are: Studio: $875/mo, 1-Bedroom: $881/mo, 2-Bedroom: $1,142/mo, 3-Bedroom: $1,385/mo, and 4-Bedroom: $1,560/mo.
How do HUD Fair Market Rents compare to local incomes in Kosciusko County, IN?
At the local Census ACS median household income of $75,317/year ($6,276/month), the benchmark 2-bedroom Fair Market Rent represents 18.2% of monthly income.
How is the 30% housing affordability standard calculated in Kosciusko County, IN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,142/month, the required minimum annual gross income is calculated as ($1,142 × 12) ÷ 0.30 = $45,680 per year.