Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,158$13,896 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Livingston County, KY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Livingston County, KY
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 | $865 | $10,380 | $34,600 | $16.63/hr |
| 1-Bedroom Apartment | $960 | $11,520 | $38,400 | $18.46/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,158 | $13,896 | $46,320 | $22.27/hr |
| 3-Bedroom Home | $1,388 | $16,656 | $55,520 | $26.69/hr |
| 4-Bedroom Home | $1,771 | $21,252 | $70,840 | $34.06/hr |
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Frequently Asked Questions About Rent in Livingston County, KY
What is the Fair Market Rent for a 2-bedroom in Livingston County, KY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Livingston County, KY is $1,158 per month ($13,896 per year).
What hourly wage is needed to afford rent in Livingston County, KY?
To comfortably afford a 2-bedroom apartment at $1,158/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.27 per hour ($46,320/year).
What are the HUD Fair Market Rents by bedroom count in Livingston County, KY?
Official 2026 HUD rents in Livingston County, KY are: Studio: $865/mo, 1-Bedroom: $960/mo, 2-Bedroom: $1,158/mo, 3-Bedroom: $1,388/mo, and 4-Bedroom: $1,771/mo.
How do HUD Fair Market Rents compare to local incomes in Livingston County, KY?
At the local Census ACS median household income of $58,984/year ($4,915/month), the benchmark 2-bedroom Fair Market Rent represents 23.6% of monthly income.
How is the 30% housing affordability standard calculated in Livingston County, KY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,158/month, the required minimum annual gross income is calculated as ($1,158 × 12) ÷ 0.30 = $46,320 per year.