Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,240$14,880 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in McLennan County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: McLennan 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 | $850 | $10,200 | $34,000 | $16.35/hr |
| 1-Bedroom Apartment | $996 | $11,952 | $39,840 | $19.15/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,240 | $14,880 | $49,600 | $23.85/hr |
| 3-Bedroom Home | $1,599 | $19,188 | $63,960 | $30.75/hr |
| 4-Bedroom Home | $1,644 | $19,728 | $65,760 | $31.62/hr |
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Frequently Asked Questions About Rent in McLennan County, TX
What is the Fair Market Rent for a 2-bedroom in McLennan County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in McLennan County, TX is $1,240 per month ($14,880 per year).
What hourly wage is needed to afford rent in McLennan County, TX?
To comfortably afford a 2-bedroom apartment at $1,240/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.85 per hour ($49,600/year).
What are the HUD Fair Market Rents by bedroom count in McLennan County, TX?
Official 2026 HUD rents in McLennan County, TX are: Studio: $850/mo, 1-Bedroom: $996/mo, 2-Bedroom: $1,240/mo, 3-Bedroom: $1,599/mo, and 4-Bedroom: $1,644/mo.
How do HUD Fair Market Rents compare to local incomes in McLennan County, TX?
At the local Census ACS median household income of $66,643/year ($5,554/month), the benchmark 2-bedroom Fair Market Rent represents 22.3% of monthly income.
How is the 30% housing affordability standard calculated in McLennan County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,240/month, the required minimum annual gross income is calculated as ($1,240 × 12) ÷ 0.30 = $49,600 per year.