Rental Benchmark Overview
2-Bedroom Benchmark Rent
$2,436$29,232 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Miami-Dade County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Miami-Dade 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 | $1,828 | $21,936 | $73,120 | $35.15/hr |
| 1-Bedroom Apartment | $1,995 | $23,940 | $79,800 | $38.37/hr |
| 2-Bedroom ApartmentStandard Benchmark | $2,436 | $29,232 | $97,440 | $46.85/hr |
| 3-Bedroom Home | $3,127 | $37,524 | $125,080 | $60.13/hr |
| 4-Bedroom Home | $3,613 | $43,356 | $144,520 | $69.48/hr |
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Frequently Asked Questions About Rent in Miami-Dade County, FL
What is the Fair Market Rent for a 2-bedroom in Miami-Dade County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Miami-Dade County, FL is $2,436 per month ($29,232 per year).
What hourly wage is needed to afford rent in Miami-Dade County, FL?
To comfortably afford a 2-bedroom apartment at $2,436/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $46.85 per hour ($97,440/year).
What are the HUD Fair Market Rents by bedroom count in Miami-Dade County, FL?
Official 2026 HUD rents in Miami-Dade County, FL are: Studio: $1,828/mo, 1-Bedroom: $1,995/mo, 2-Bedroom: $2,436/mo, 3-Bedroom: $3,127/mo, and 4-Bedroom: $3,613/mo.
How do HUD Fair Market Rents compare to local incomes in Miami-Dade County, FL?
At the local Census ACS median household income of $71,753/year ($5,979/month), the benchmark 2-bedroom Fair Market Rent represents 40.7% of monthly income.
How is the 30% housing affordability standard calculated in Miami-Dade County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $2,436/month, the required minimum annual gross income is calculated as ($2,436 × 12) ÷ 0.30 = $97,440 per year.