Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,175$14,100 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lubbock County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lubbock County, TX
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 | $818 | $9,816 | $32,720 | $15.73/hr |
| 1-Bedroom Apartment | $990 | $11,880 | $39,600 | $19.04/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,175 | $14,100 | $47,000 | $22.60/hr |
| 3-Bedroom Home | $1,634 | $19,608 | $65,360 | $31.42/hr |
| 4-Bedroom Home | $1,940 | $23,280 | $77,600 | $37.31/hr |
See comprehensive cost of living profile for Lubbock County, TX →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Texas:
Frequently Asked Questions About Rent in Lubbock County, TX
What is the Fair Market Rent for a 2-bedroom in Lubbock County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lubbock County, TX is $1,175 per month ($14,100 per year).
What hourly wage is needed to afford rent in Lubbock County, TX?
To comfortably afford a 2-bedroom apartment at $1,175/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.60 per hour ($47,000/year).
What are the HUD Fair Market Rents by bedroom count in Lubbock County, TX?
Official 2026 HUD rents in Lubbock County, TX are: Studio: $818/mo, 1-Bedroom: $990/mo, 2-Bedroom: $1,175/mo, 3-Bedroom: $1,634/mo, and 4-Bedroom: $1,940/mo.
How do HUD Fair Market Rents compare to local incomes in Lubbock County, TX?
At the local Census ACS median household income of $64,155/year ($5,346/month), the benchmark 2-bedroom Fair Market Rent represents 22% of monthly income.
How is the 30% housing affordability standard calculated in Lubbock County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,175/month, the required minimum annual gross income is calculated as ($1,175 × 12) ÷ 0.30 = $47,000 per year.