Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,780$21,360 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Midland County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Midland 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 | $1,424 | $17,088 | $56,960 | $27.38/hr |
| 1-Bedroom Apartment | $1,449 | $17,388 | $57,960 | $27.87/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,780 | $21,360 | $71,200 | $34.23/hr |
| 3-Bedroom Home | $2,286 | $27,432 | $91,440 | $43.96/hr |
| 4-Bedroom Home | $2,667 | $32,004 | $106,680 | $51.29/hr |
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Frequently Asked Questions About Rent in Midland County, TX
What is the Fair Market Rent for a 2-bedroom in Midland County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Midland County, TX is $1,780 per month ($21,360 per year).
What hourly wage is needed to afford rent in Midland County, TX?
To comfortably afford a 2-bedroom apartment at $1,780/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $34.23 per hour ($71,200/year).
What are the HUD Fair Market Rents by bedroom count in Midland County, TX?
Official 2026 HUD rents in Midland County, TX are: Studio: $1,424/mo, 1-Bedroom: $1,449/mo, 2-Bedroom: $1,780/mo, 3-Bedroom: $2,286/mo, and 4-Bedroom: $2,667/mo.
How do HUD Fair Market Rents compare to local incomes in Midland County, TX?
At the local Census ACS median household income of $92,874/year ($7,740/month), the benchmark 2-bedroom Fair Market Rent represents 23% of monthly income.
How is the 30% housing affordability standard calculated in Midland County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,780/month, the required minimum annual gross income is calculated as ($1,780 × 12) ÷ 0.30 = $71,200 per year.