Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,393$16,716 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Mineral County, NV
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Mineral County, NV
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 | $1,055 | $12,660 | $42,200 | $20.29/hr |
| 1-Bedroom Apartment | $1,062 | $12,744 | $42,480 | $20.42/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,393 | $16,716 | $55,720 | $26.79/hr |
| 3-Bedroom Home | $1,937 | $23,244 | $77,480 | $37.25/hr |
| 4-Bedroom Home | $2,337 | $28,044 | $93,480 | $44.94/hr |
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Frequently Asked Questions About Rent in Mineral County, NV
What is the Fair Market Rent for a 2-bedroom in Mineral County, NV?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Mineral County, NV is $1,393 per month ($16,716 per year).
What hourly wage is needed to afford rent in Mineral County, NV?
To comfortably afford a 2-bedroom apartment at $1,393/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.79 per hour ($55,720/year).
What are the HUD Fair Market Rents by bedroom count in Mineral County, NV?
Official 2026 HUD rents in Mineral County, NV are: Studio: $1,055/mo, 1-Bedroom: $1,062/mo, 2-Bedroom: $1,393/mo, 3-Bedroom: $1,937/mo, and 4-Bedroom: $2,337/mo.
How do HUD Fair Market Rents compare to local incomes in Mineral County, NV?
At the local Census ACS median household income of $54,855/year ($4,571/month), the benchmark 2-bedroom Fair Market Rent represents 30.5% of monthly income.
How is the 30% housing affordability standard calculated in Mineral County, NV?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,393/month, the required minimum annual gross income is calculated as ($1,393 × 12) ÷ 0.30 = $55,720 per year.
