Rental Benchmark Overview
2-Bedroom Benchmark Rent
$776$9,312 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lamar County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lamar County, AL
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 | $618 | $7,416 | $24,720 | $11.88/hr |
| 1-Bedroom Apartment | $636 | $7,632 | $25,440 | $12.23/hr |
| 2-Bedroom ApartmentStandard Benchmark | $776 | $9,312 | $31,040 | $14.92/hr |
| 3-Bedroom Home | $1,024 | $12,288 | $40,960 | $19.69/hr |
| 4-Bedroom Home | $1,040 | $12,480 | $41,600 | $20.00/hr |
See comprehensive cost of living profile for Lamar County, AL →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Alabama:
Frequently Asked Questions About Rent in Lamar County, AL
What is the Fair Market Rent for a 2-bedroom in Lamar County, AL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lamar County, AL is $776 per month ($9,312 per year).
What hourly wage is needed to afford rent in Lamar County, AL?
To comfortably afford a 2-bedroom apartment at $776/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $14.92 per hour ($31,040/year).
What are the HUD Fair Market Rents by bedroom count in Lamar County, AL?
Official 2026 HUD rents in Lamar County, AL are: Studio: $618/mo, 1-Bedroom: $636/mo, 2-Bedroom: $776/mo, 3-Bedroom: $1,024/mo, and 4-Bedroom: $1,040/mo.
How do HUD Fair Market Rents compare to local incomes in Lamar County, AL?
At the local Census ACS median household income of $50,000/year ($4,167/month), the benchmark 2-bedroom Fair Market Rent represents 18.6% of monthly income.
How is the 30% housing affordability standard calculated in Lamar County, AL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $776/month, the required minimum annual gross income is calculated as ($776 × 12) ÷ 0.30 = $31,040 per year.