Rental Benchmark Overview
2-Bedroom Benchmark Rent
$776$9,312 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Marshall County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Marshall County, AL
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 | $588 | $7,056 | $23,520 | $11.31/hr |
| 1-Bedroom Apartment | $591 | $7,092 | $23,640 | $11.37/hr |
| 2-Bedroom ApartmentStandard Benchmark | $776 | $9,312 | $31,040 | $14.92/hr |
| 3-Bedroom Home | $1,069 | $12,828 | $42,760 | $20.56/hr |
| 4-Bedroom Home | $1,073 | $12,876 | $42,920 | $20.63/hr |
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Frequently Asked Questions About Rent in Marshall County, AL
What is the Fair Market Rent for a 2-bedroom in Marshall County, AL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Marshall County, AL is $776 per month ($9,312 per year).
What hourly wage is needed to afford rent in Marshall County, AL?
To comfortably afford a 2-bedroom apartment at $776/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $14.92 per hour ($31,040/year).
What are the HUD Fair Market Rents by bedroom count in Marshall County, AL?
Official 2026 HUD rents in Marshall County, AL are: Studio: $588/mo, 1-Bedroom: $591/mo, 2-Bedroom: $776/mo, 3-Bedroom: $1,069/mo, and 4-Bedroom: $1,073/mo.
How do HUD Fair Market Rents compare to local incomes in Marshall County, AL?
At the local Census ACS median household income of $62,571/year ($5,214/month), the benchmark 2-bedroom Fair Market Rent represents 14.9% of monthly income.
How is the 30% housing affordability standard calculated in Marshall County, AL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $776/month, the required minimum annual gross income is calculated as ($776 × 12) ÷ 0.30 = $31,040 per year.