Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,549$18,588 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lake County, CA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lake County, CA
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 | $1,173 | $14,076 | $46,920 | $22.56/hr |
| 1-Bedroom Apartment | $1,181 | $14,172 | $47,240 | $22.71/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,549 | $18,588 | $61,960 | $29.79/hr |
| 3-Bedroom Home | $2,154 | $25,848 | $86,160 | $41.42/hr |
| 4-Bedroom Home | $2,599 | $31,188 | $103,960 | $49.98/hr |
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Frequently Asked Questions About Rent in Lake County, CA
What is the Fair Market Rent for a 2-bedroom in Lake County, CA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lake County, CA is $1,549 per month ($18,588 per year).
What hourly wage is needed to afford rent in Lake County, CA?
To comfortably afford a 2-bedroom apartment at $1,549/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $29.79 per hour ($61,960/year).
What are the HUD Fair Market Rents by bedroom count in Lake County, CA?
Official 2026 HUD rents in Lake County, CA are: Studio: $1,173/mo, 1-Bedroom: $1,181/mo, 2-Bedroom: $1,549/mo, 3-Bedroom: $2,154/mo, and 4-Bedroom: $2,599/mo.
How do HUD Fair Market Rents compare to local incomes in Lake County, CA?
At the local Census ACS median household income of $60,621/year ($5,052/month), the benchmark 2-bedroom Fair Market Rent represents 30.7% of monthly income.
How is the 30% housing affordability standard calculated in Lake County, CA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,549/month, the required minimum annual gross income is calculated as ($1,549 × 12) ÷ 0.30 = $61,960 per year.