Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,291$15,492 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Middlesex County, VA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Middlesex County, VA
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 | $1,052 | $12,624 | $42,080 | $20.23/hr |
| 1-Bedroom Apartment | $1,058 | $12,696 | $42,320 | $20.35/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,291 | $15,492 | $51,640 | $24.83/hr |
| 3-Bedroom Home | $1,548 | $18,576 | $61,920 | $29.77/hr |
| 4-Bedroom Home | $2,018 | $24,216 | $80,720 | $38.81/hr |
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Frequently Asked Questions About Rent in Middlesex County, VA
What is the Fair Market Rent for a 2-bedroom in Middlesex County, VA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Middlesex County, VA is $1,291 per month ($15,492 per year).
What hourly wage is needed to afford rent in Middlesex County, VA?
To comfortably afford a 2-bedroom apartment at $1,291/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $24.83 per hour ($51,640/year).
What are the HUD Fair Market Rents by bedroom count in Middlesex County, VA?
Official 2026 HUD rents in Middlesex County, VA are: Studio: $1,052/mo, 1-Bedroom: $1,058/mo, 2-Bedroom: $1,291/mo, 3-Bedroom: $1,548/mo, and 4-Bedroom: $2,018/mo.
How do HUD Fair Market Rents compare to local incomes in Middlesex County, VA?
At the local Census ACS median household income of $75,060/year ($6,255/month), the benchmark 2-bedroom Fair Market Rent represents 20.6% of monthly income.
How is the 30% housing affordability standard calculated in Middlesex County, VA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,291/month, the required minimum annual gross income is calculated as ($1,291 × 12) ÷ 0.30 = $51,640 per year.