Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,181$14,172 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lee County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lee 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 | $847 | $10,164 | $33,880 | $16.29/hr |
| 1-Bedroom Apartment | $1,077 | $12,924 | $43,080 | $20.71/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,181 | $14,172 | $47,240 | $22.71/hr |
| 3-Bedroom Home | $1,494 | $17,928 | $59,760 | $28.73/hr |
| 4-Bedroom Home | $1,699 | $20,388 | $67,960 | $32.67/hr |
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Frequently Asked Questions About Rent in Lee County, AL
What is the Fair Market Rent for a 2-bedroom in Lee County, AL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lee County, AL is $1,181 per month ($14,172 per year).
What hourly wage is needed to afford rent in Lee County, AL?
To comfortably afford a 2-bedroom apartment at $1,181/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.71 per hour ($47,240/year).
What are the HUD Fair Market Rents by bedroom count in Lee County, AL?
Official 2026 HUD rents in Lee County, AL are: Studio: $847/mo, 1-Bedroom: $1,077/mo, 2-Bedroom: $1,181/mo, 3-Bedroom: $1,494/mo, and 4-Bedroom: $1,699/mo.
How do HUD Fair Market Rents compare to local incomes in Lee County, AL?
At the local Census ACS median household income of $65,824/year ($5,485/month), the benchmark 2-bedroom Fair Market Rent represents 21.5% of monthly income.
How is the 30% housing affordability standard calculated in Lee County, AL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,181/month, the required minimum annual gross income is calculated as ($1,181 × 12) ÷ 0.30 = $47,240 per year.