Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,022$12,264 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Minidoka County, ID
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Minidoka County, ID
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 | $884 | $10,608 | $35,360 | $17.00/hr |
| 1-Bedroom Apartment | $889 | $10,668 | $35,560 | $17.10/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,022 | $12,264 | $40,880 | $19.65/hr |
| 3-Bedroom Home | $1,421 | $17,052 | $56,840 | $27.33/hr |
| 4-Bedroom Home | $1,714 | $20,568 | $68,560 | $32.96/hr |
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Frequently Asked Questions About Rent in Minidoka County, ID
What is the Fair Market Rent for a 2-bedroom in Minidoka County, ID?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Minidoka County, ID is $1,022 per month ($12,264 per year).
What hourly wage is needed to afford rent in Minidoka County, ID?
To comfortably afford a 2-bedroom apartment at $1,022/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.65 per hour ($40,880/year).
What are the HUD Fair Market Rents by bedroom count in Minidoka County, ID?
Official 2026 HUD rents in Minidoka County, ID are: Studio: $884/mo, 1-Bedroom: $889/mo, 2-Bedroom: $1,022/mo, 3-Bedroom: $1,421/mo, and 4-Bedroom: $1,714/mo.
How do HUD Fair Market Rents compare to local incomes in Minidoka County, ID?
At the local Census ACS median household income of $70,377/year ($5,865/month), the benchmark 2-bedroom Fair Market Rent represents 17.4% of monthly income.
How is the 30% housing affordability standard calculated in Minidoka County, ID?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,022/month, the required minimum annual gross income is calculated as ($1,022 × 12) ÷ 0.30 = $40,880 per year.