Rental Benchmark Overview
2-Bedroom Benchmark Rent
$880$10,560 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lawrence County, AR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lawrence County, AR
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 | $630 | $7,560 | $25,200 | $12.12/hr |
| 1-Bedroom Apartment | $671 | $8,052 | $26,840 | $12.90/hr |
| 2-Bedroom ApartmentStandard Benchmark | $880 | $10,560 | $35,200 | $16.92/hr |
| 3-Bedroom Home | $1,089 | $13,068 | $43,560 | $20.94/hr |
| 4-Bedroom Home | $1,375 | $16,500 | $55,000 | $26.44/hr |
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Frequently Asked Questions About Rent in Lawrence County, AR
What is the Fair Market Rent for a 2-bedroom in Lawrence County, AR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lawrence County, AR is $880 per month ($10,560 per year).
What hourly wage is needed to afford rent in Lawrence County, AR?
To comfortably afford a 2-bedroom apartment at $880/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.92 per hour ($35,200/year).
What are the HUD Fair Market Rents by bedroom count in Lawrence County, AR?
Official 2026 HUD rents in Lawrence County, AR are: Studio: $630/mo, 1-Bedroom: $671/mo, 2-Bedroom: $880/mo, 3-Bedroom: $1,089/mo, and 4-Bedroom: $1,375/mo.
How do HUD Fair Market Rents compare to local incomes in Lawrence County, AR?
At the local Census ACS median household income of $44,882/year ($3,740/month), the benchmark 2-bedroom Fair Market Rent represents 23.5% of monthly income.
How is the 30% housing affordability standard calculated in Lawrence County, AR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $880/month, the required minimum annual gross income is calculated as ($880 × 12) ÷ 0.30 = $35,200 per year.