Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,323$15,876 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lafayette County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lafayette County, FL
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 | $1,152 | $13,824 | $46,080 | $22.15/hr |
| 1-Bedroom Apartment | $1,181 | $14,172 | $47,240 | $22.71/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,323 | $15,876 | $52,920 | $25.44/hr |
| 3-Bedroom Home | $1,586 | $19,032 | $63,440 | $30.50/hr |
| 4-Bedroom Home | $1,752 | $21,024 | $70,080 | $33.69/hr |
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Frequently Asked Questions About Rent in Lafayette County, FL
What is the Fair Market Rent for a 2-bedroom in Lafayette County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lafayette County, FL is $1,323 per month ($15,876 per year).
What hourly wage is needed to afford rent in Lafayette County, FL?
To comfortably afford a 2-bedroom apartment at $1,323/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.44 per hour ($52,920/year).
What are the HUD Fair Market Rents by bedroom count in Lafayette County, FL?
Official 2026 HUD rents in Lafayette County, FL are: Studio: $1,152/mo, 1-Bedroom: $1,181/mo, 2-Bedroom: $1,323/mo, 3-Bedroom: $1,586/mo, and 4-Bedroom: $1,752/mo.
How do HUD Fair Market Rents compare to local incomes in Lafayette County, FL?
At the local Census ACS median household income of $62,757/year ($5,230/month), the benchmark 2-bedroom Fair Market Rent represents 25.3% of monthly income.
How is the 30% housing affordability standard calculated in Lafayette County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,323/month, the required minimum annual gross income is calculated as ($1,323 × 12) ÷ 0.30 = $52,920 per year.