Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,161$13,932 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Laredo, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Laredo, TX
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 | $956 | $11,472 | $38,240 | $18.38/hr |
| 1-Bedroom Apartment | $962 | $11,544 | $38,480 | $18.50/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,161 | $13,932 | $46,440 | $22.33/hr |
| 3-Bedroom Home | $1,499 | $17,988 | $59,960 | $28.83/hr |
| 4-Bedroom Home | $1,551 | $18,612 | $62,040 | $29.83/hr |
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Frequently Asked Questions About Rent in Laredo, TX
What is the Fair Market Rent for a 2-bedroom in Laredo, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Laredo, TX is $1,161 per month ($13,932 per year).
What hourly wage is needed to afford rent in Laredo, TX?
To comfortably afford a 2-bedroom apartment at $1,161/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.33 per hour ($46,440/year).
What are the HUD Fair Market Rents by bedroom count in Laredo, TX?
Official 2026 HUD rents in Laredo, TX are: Studio: $956/mo, 1-Bedroom: $962/mo, 2-Bedroom: $1,161/mo, 3-Bedroom: $1,499/mo, and 4-Bedroom: $1,551/mo.
How do HUD Fair Market Rents compare to local incomes in Laredo, TX?
At the local Census ACS median household income of $63,915/year ($5,326/month), the benchmark 2-bedroom Fair Market Rent represents 21.8% of monthly income.
How is the 30% housing affordability standard calculated in Laredo, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,161/month, the required minimum annual gross income is calculated as ($1,161 × 12) ÷ 0.30 = $46,440 per year.