Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,772$21,264 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Martin County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Martin 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 | $1,422 | $17,064 | $56,880 | $27.35/hr |
| 1-Bedroom Apartment | $1,441 | $17,292 | $57,640 | $27.71/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,772 | $21,264 | $70,880 | $34.08/hr |
| 3-Bedroom Home | $2,215 | $26,580 | $88,600 | $42.60/hr |
| 4-Bedroom Home | $2,722 | $32,664 | $108,880 | $52.35/hr |
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Frequently Asked Questions About Rent in Martin County, TX
What is the Fair Market Rent for a 2-bedroom in Martin County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Martin County, TX is $1,772 per month ($21,264 per year).
What hourly wage is needed to afford rent in Martin County, TX?
To comfortably afford a 2-bedroom apartment at $1,772/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $34.08 per hour ($70,880/year).
What are the HUD Fair Market Rents by bedroom count in Martin County, TX?
Official 2026 HUD rents in Martin County, TX are: Studio: $1,422/mo, 1-Bedroom: $1,441/mo, 2-Bedroom: $1,772/mo, 3-Bedroom: $2,215/mo, and 4-Bedroom: $2,722/mo.
How do HUD Fair Market Rents compare to local incomes in Martin County, TX?
At the local Census ACS median household income of $93,734/year ($7,811/month), the benchmark 2-bedroom Fair Market Rent represents 22.7% of monthly income.
How is the 30% housing affordability standard calculated in Martin County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,772/month, the required minimum annual gross income is calculated as ($1,772 × 12) ÷ 0.30 = $70,880 per year.