Rental Benchmark Overview
2-Bedroom Benchmark Rent
$898$10,776 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Mingo County, WV
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Mingo County, WV
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 | $689 | $8,268 | $27,560 | $13.25/hr |
| 1-Bedroom Apartment | $696 | $8,352 | $27,840 | $13.38/hr |
| 2-Bedroom ApartmentStandard Benchmark | $898 | $10,776 | $35,920 | $17.27/hr |
| 3-Bedroom Home | $1,077 | $12,924 | $43,080 | $20.71/hr |
| 4-Bedroom Home | $1,288 | $15,456 | $51,520 | $24.77/hr |
See comprehensive cost of living profile for Mingo County, WV →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across West Virginia:
Frequently Asked Questions About Rent in Mingo County, WV
What is the Fair Market Rent for a 2-bedroom in Mingo County, WV?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Mingo County, WV is $898 per month ($10,776 per year).
What hourly wage is needed to afford rent in Mingo County, WV?
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 Mingo County, WV?
Official 2026 HUD rents in Mingo County, WV are: Studio: $689/mo, 1-Bedroom: $696/mo, 2-Bedroom: $898/mo, 3-Bedroom: $1,077/mo, and 4-Bedroom: $1,288/mo.
How do HUD Fair Market Rents compare to local incomes in Mingo County, WV?
At the local Census ACS median household income of $38,119/year ($3,177/month), the benchmark 2-bedroom Fair Market Rent represents 28.3% of monthly income.
How is the 30% housing affordability standard calculated in Mingo County, WV?
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.