Rental Benchmark Overview
2-Bedroom Benchmark Rent
$863$10,356 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lawrence County, MS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lawrence County, MS
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 | $653 | $7,836 | $26,120 | $12.56/hr |
| 1-Bedroom Apartment | $657 | $7,884 | $26,280 | $12.63/hr |
| 2-Bedroom ApartmentStandard Benchmark | $863 | $10,356 | $34,520 | $16.60/hr |
| 3-Bedroom Home | $1,068 | $12,816 | $42,720 | $20.54/hr |
| 4-Bedroom Home | $1,148 | $13,776 | $45,920 | $22.08/hr |
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Frequently Asked Questions About Rent in Lawrence County, MS
What is the Fair Market Rent for a 2-bedroom in Lawrence County, MS?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lawrence County, MS is $863 per month ($10,356 per year).
What hourly wage is needed to afford rent in Lawrence County, MS?
To comfortably afford a 2-bedroom apartment at $863/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.60 per hour ($34,520/year).
What are the HUD Fair Market Rents by bedroom count in Lawrence County, MS?
Official 2026 HUD rents in Lawrence County, MS are: Studio: $653/mo, 1-Bedroom: $657/mo, 2-Bedroom: $863/mo, 3-Bedroom: $1,068/mo, and 4-Bedroom: $1,148/mo.
How do HUD Fair Market Rents compare to local incomes in Lawrence County, MS?
At the local Census ACS median household income of $43,531/year ($3,628/month), the benchmark 2-bedroom Fair Market Rent represents 23.8% of monthly income.
How is the 30% housing affordability standard calculated in Lawrence County, MS?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $863/month, the required minimum annual gross income is calculated as ($863 × 12) ÷ 0.30 = $34,520 per year.