Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,007$12,084 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Lynn County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Lynn 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 | $705 | $8,460 | $28,200 | $13.56/hr |
| 1-Bedroom Apartment | $767 | $9,204 | $30,680 | $14.75/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,007 | $12,084 | $40,280 | $19.37/hr |
| 3-Bedroom Home | $1,207 | $14,484 | $48,280 | $23.21/hr |
| 4-Bedroom Home | $1,465 | $17,580 | $58,600 | $28.17/hr |
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Frequently Asked Questions About Rent in Lynn County, TX
What is the Fair Market Rent for a 2-bedroom in Lynn County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Lynn County, TX is $1,007 per month ($12,084 per year).
What hourly wage is needed to afford rent in Lynn County, TX?
To comfortably afford a 2-bedroom apartment at $1,007/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.37 per hour ($40,280/year).
What are the HUD Fair Market Rents by bedroom count in Lynn County, TX?
Official 2026 HUD rents in Lynn County, TX are: Studio: $705/mo, 1-Bedroom: $767/mo, 2-Bedroom: $1,007/mo, 3-Bedroom: $1,207/mo, and 4-Bedroom: $1,465/mo.
How do HUD Fair Market Rents compare to local incomes in Lynn County, TX?
At the local Census ACS median household income of $73,679/year ($6,140/month), the benchmark 2-bedroom Fair Market Rent represents 16.4% of monthly income.
How is the 30% housing affordability standard calculated in Lynn County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,007/month, the required minimum annual gross income is calculated as ($1,007 × 12) ÷ 0.30 = $40,280 per year.