Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,757$21,084 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Martin County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Martin 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 | $1,455 | $17,460 | $58,200 | $27.98/hr |
| 1-Bedroom Apartment | $1,467 | $17,604 | $58,680 | $28.21/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,757 | $21,084 | $70,280 | $33.79/hr |
| 3-Bedroom Home | $2,421 | $29,052 | $96,840 | $46.56/hr |
| 4-Bedroom Home | $2,579 | $30,948 | $103,160 | $49.60/hr |
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Frequently Asked Questions About Rent in Martin County, FL
What is the Fair Market Rent for a 2-bedroom in Martin County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Martin County, FL is $1,757 per month ($21,084 per year).
What hourly wage is needed to afford rent in Martin County, FL?
To comfortably afford a 2-bedroom apartment at $1,757/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $33.79 per hour ($70,280/year).
What are the HUD Fair Market Rents by bedroom count in Martin County, FL?
Official 2026 HUD rents in Martin County, FL are: Studio: $1,455/mo, 1-Bedroom: $1,467/mo, 2-Bedroom: $1,757/mo, 3-Bedroom: $2,421/mo, and 4-Bedroom: $2,579/mo.
How do HUD Fair Market Rents compare to local incomes in Martin County, FL?
At the local Census ACS median household income of $82,943/year ($6,912/month), the benchmark 2-bedroom Fair Market Rent represents 25.4% of monthly income.
How is the 30% housing affordability standard calculated in Martin County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,757/month, the required minimum annual gross income is calculated as ($1,757 × 12) ÷ 0.30 = $70,280 per year.