Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,675$20,100 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Mono County, CA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Mono County, CA
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 | $1,171 | $14,052 | $46,840 | $22.52/hr |
| 1-Bedroom Apartment | $1,528 | $18,336 | $61,120 | $29.38/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,675 | $20,100 | $67,000 | $32.21/hr |
| 3-Bedroom Home | $2,330 | $27,960 | $93,200 | $44.81/hr |
| 4-Bedroom Home | $2,769 | $33,228 | $110,760 | $53.25/hr |
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Frequently Asked Questions About Rent in Mono County, CA
What is the Fair Market Rent for a 2-bedroom in Mono County, CA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Mono County, CA is $1,675 per month ($20,100 per year).
What hourly wage is needed to afford rent in Mono County, CA?
To comfortably afford a 2-bedroom apartment at $1,675/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $32.21 per hour ($67,000/year).
What are the HUD Fair Market Rents by bedroom count in Mono County, CA?
Official 2026 HUD rents in Mono County, CA are: Studio: $1,171/mo, 1-Bedroom: $1,528/mo, 2-Bedroom: $1,675/mo, 3-Bedroom: $2,330/mo, and 4-Bedroom: $2,769/mo.
How do HUD Fair Market Rents compare to local incomes in Mono County, CA?
At the local Census ACS median household income of $99,415/year ($8,285/month), the benchmark 2-bedroom Fair Market Rent represents 20.2% of monthly income.
How is the 30% housing affordability standard calculated in Mono County, CA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,675/month, the required minimum annual gross income is calculated as ($1,675 × 12) ÷ 0.30 = $67,000 per year.