Rental Benchmark Overview
2-Bedroom Benchmark Rent
$3,138$37,656 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Nantucket County, MA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Nantucket County, MA
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 | $2,409 | $28,908 | $96,360 | $46.33/hr |
| 1-Bedroom Apartment | $2,425 | $29,100 | $97,000 | $46.63/hr |
| 2-Bedroom ApartmentStandard Benchmark | $3,138 | $37,656 | $125,520 | $60.35/hr |
| 3-Bedroom Home | $4,143 | $49,716 | $165,720 | $79.67/hr |
| 4-Bedroom Home | $5,260 | $63,120 | $210,400 | $101.15/hr |
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Frequently Asked Questions About Rent in Nantucket County, MA
What is the Fair Market Rent for a 2-bedroom in Nantucket County, MA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Nantucket County, MA is $3,138 per month ($37,656 per year).
What hourly wage is needed to afford rent in Nantucket County, MA?
To comfortably afford a 2-bedroom apartment at $3,138/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $60.35 per hour ($125,520/year).
What are the HUD Fair Market Rents by bedroom count in Nantucket County, MA?
Official 2026 HUD rents in Nantucket County, MA are: Studio: $2,409/mo, 1-Bedroom: $2,425/mo, 2-Bedroom: $3,138/mo, 3-Bedroom: $4,143/mo, and 4-Bedroom: $5,260/mo.
How do HUD Fair Market Rents compare to local incomes in Nantucket County, MA?
At the local Census ACS median household income of $139,688/year ($11,641/month), the benchmark 2-bedroom Fair Market Rent represents 27% of monthly income.
How is the 30% housing affordability standard calculated in Nantucket County, MA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $3,138/month, the required minimum annual gross income is calculated as ($3,138 × 12) ÷ 0.30 = $125,520 per year.