Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,058$12,696 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in McCracken County, KY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: McCracken County, KY
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 | $729 | $8,748 | $29,160 | $14.02/hr |
| 1-Bedroom Apartment | $851 | $10,212 | $34,040 | $16.37/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,058 | $12,696 | $42,320 | $20.35/hr |
| 3-Bedroom Home | $1,269 | $15,228 | $50,760 | $24.40/hr |
| 4-Bedroom Home | $1,775 | $21,300 | $71,000 | $34.13/hr |
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Frequently Asked Questions About Rent in McCracken County, KY
What is the Fair Market Rent for a 2-bedroom in McCracken County, KY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in McCracken County, KY is $1,058 per month ($12,696 per year).
What hourly wage is needed to afford rent in McCracken County, KY?
To comfortably afford a 2-bedroom apartment at $1,058/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.35 per hour ($42,320/year).
What are the HUD Fair Market Rents by bedroom count in McCracken County, KY?
Official 2026 HUD rents in McCracken County, KY are: Studio: $729/mo, 1-Bedroom: $851/mo, 2-Bedroom: $1,058/mo, 3-Bedroom: $1,269/mo, and 4-Bedroom: $1,775/mo.
How do HUD Fair Market Rents compare to local incomes in McCracken County, KY?
At the local Census ACS median household income of $64,373/year ($5,364/month), the benchmark 2-bedroom Fair Market Rent represents 19.7% of monthly income.
How is the 30% housing affordability standard calculated in McCracken County, KY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,058/month, the required minimum annual gross income is calculated as ($1,058 × 12) ÷ 0.30 = $42,320 per year.