Rental Benchmark Overview
2-Bedroom Benchmark Rent
$898$10,776 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Miller County, MO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Miller County, MO
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 | $667 | $8,004 | $26,680 | $12.83/hr |
| 1-Bedroom Apartment | $819 | $9,828 | $32,760 | $15.75/hr |
| 2-Bedroom ApartmentStandard Benchmark | $898 | $10,776 | $35,920 | $17.27/hr |
| 3-Bedroom Home | $1,088 | $13,056 | $43,520 | $20.92/hr |
| 4-Bedroom Home | $1,416 | $16,992 | $56,640 | $27.23/hr |
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Frequently Asked Questions About Rent in Miller County, MO
What is the Fair Market Rent for a 2-bedroom in Miller County, MO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Miller County, MO is $898 per month ($10,776 per year).
What hourly wage is needed to afford rent in Miller County, MO?
To comfortably afford a 2-bedroom apartment at $898/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.27 per hour ($35,920/year).
What are the HUD Fair Market Rents by bedroom count in Miller County, MO?
Official 2026 HUD rents in Miller County, MO are: Studio: $667/mo, 1-Bedroom: $819/mo, 2-Bedroom: $898/mo, 3-Bedroom: $1,088/mo, and 4-Bedroom: $1,416/mo.
How do HUD Fair Market Rents compare to local incomes in Miller County, MO?
At the local Census ACS median household income of $56,736/year ($4,728/month), the benchmark 2-bedroom Fair Market Rent represents 19% of monthly income.
How is the 30% housing affordability standard calculated in Miller County, MO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $898/month, the required minimum annual gross income is calculated as ($898 × 12) ÷ 0.30 = $35,920 per year.