Rental Benchmark Overview
2-Bedroom Benchmark Rent
$974$11,688 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Levy County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Levy County, FL
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 | $735 | $8,820 | $29,400 | $14.13/hr |
| 1-Bedroom Apartment | $831 | $9,972 | $33,240 | $15.98/hr |
| 2-Bedroom ApartmentStandard Benchmark | $974 | $11,688 | $38,960 | $18.73/hr |
| 3-Bedroom Home | $1,238 | $14,856 | $49,520 | $23.81/hr |
| 4-Bedroom Home | $1,290 | $15,480 | $51,600 | $24.81/hr |
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Frequently Asked Questions About Rent in Levy County, FL
What is the Fair Market Rent for a 2-bedroom in Levy County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Levy County, FL is $974 per month ($11,688 per year).
What hourly wage is needed to afford rent in Levy County, FL?
To comfortably afford a 2-bedroom apartment at $974/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.73 per hour ($38,960/year).
What are the HUD Fair Market Rents by bedroom count in Levy County, FL?
Official 2026 HUD rents in Levy County, FL are: Studio: $735/mo, 1-Bedroom: $831/mo, 2-Bedroom: $974/mo, 3-Bedroom: $1,238/mo, and 4-Bedroom: $1,290/mo.
How do HUD Fair Market Rents compare to local incomes in Levy County, FL?
At the local Census ACS median household income of $56,750/year ($4,729/month), the benchmark 2-bedroom Fair Market Rent represents 20.6% of monthly income.
How is the 30% housing affordability standard calculated in Levy County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $974/month, the required minimum annual gross income is calculated as ($974 × 12) ÷ 0.30 = $38,960 per year.