Rental Benchmark Overview
2-Bedroom Benchmark Rent
$920$11,040 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in McPherson County, KS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: McPherson County, KS
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 | $674 | $8,088 | $26,960 | $12.96/hr |
| 1-Bedroom Apartment | $701 | $8,412 | $28,040 | $13.48/hr |
| 2-Bedroom ApartmentStandard Benchmark | $920 | $11,040 | $36,800 | $17.69/hr |
| 3-Bedroom Home | $1,176 | $14,112 | $47,040 | $22.62/hr |
| 4-Bedroom Home | $1,356 | $16,272 | $54,240 | $26.08/hr |
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Frequently Asked Questions About Rent in McPherson County, KS
What is the Fair Market Rent for a 2-bedroom in McPherson County, KS?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in McPherson County, KS is $920 per month ($11,040 per year).
What hourly wage is needed to afford rent in McPherson County, KS?
To comfortably afford a 2-bedroom apartment at $920/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.69 per hour ($36,800/year).
What are the HUD Fair Market Rents by bedroom count in McPherson County, KS?
Official 2026 HUD rents in McPherson County, KS are: Studio: $674/mo, 1-Bedroom: $701/mo, 2-Bedroom: $920/mo, 3-Bedroom: $1,176/mo, and 4-Bedroom: $1,356/mo.
How do HUD Fair Market Rents compare to local incomes in McPherson County, KS?
At the local Census ACS median household income of $78,851/year ($6,571/month), the benchmark 2-bedroom Fair Market Rent represents 14% of monthly income.
How is the 30% housing affordability standard calculated in McPherson County, KS?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $920/month, the required minimum annual gross income is calculated as ($920 × 12) ÷ 0.30 = $36,800 per year.