Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,373$16,476 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Marion County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Marion 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 | $1,126 | $13,512 | $45,040 | $21.65/hr |
| 1-Bedroom Apartment | $1,172 | $14,064 | $46,880 | $22.54/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,373 | $16,476 | $54,920 | $26.40/hr |
| 3-Bedroom Home | $1,772 | $21,264 | $70,880 | $34.08/hr |
| 4-Bedroom Home | $1,905 | $22,860 | $76,200 | $36.63/hr |
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Frequently Asked Questions About Rent in Marion County, FL
What is the Fair Market Rent for a 2-bedroom in Marion County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Marion County, FL is $1,373 per month ($16,476 per year).
What hourly wage is needed to afford rent in Marion County, FL?
To comfortably afford a 2-bedroom apartment at $1,373/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.40 per hour ($54,920/year).
What are the HUD Fair Market Rents by bedroom count in Marion County, FL?
Official 2026 HUD rents in Marion County, FL are: Studio: $1,126/mo, 1-Bedroom: $1,172/mo, 2-Bedroom: $1,373/mo, 3-Bedroom: $1,772/mo, and 4-Bedroom: $1,905/mo.
How do HUD Fair Market Rents compare to local incomes in Marion County, FL?
At the local Census ACS median household income of $61,010/year ($5,084/month), the benchmark 2-bedroom Fair Market Rent represents 27% of monthly income.
How is the 30% housing affordability standard calculated in Marion County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,373/month, the required minimum annual gross income is calculated as ($1,373 × 12) ÷ 0.30 = $54,920 per year.