Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,813$21,756 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Nevada County, CA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Nevada 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 | $1,373 | $16,476 | $54,920 | $26.40/hr |
| 1-Bedroom Apartment | $1,382 | $16,584 | $55,280 | $26.58/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,813 | $21,756 | $72,520 | $34.87/hr |
| 3-Bedroom Home | $2,521 | $30,252 | $100,840 | $48.48/hr |
| 4-Bedroom Home | $3,041 | $36,492 | $121,640 | $58.48/hr |
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Frequently Asked Questions About Rent in Nevada County, CA
What is the Fair Market Rent for a 2-bedroom in Nevada County, CA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Nevada County, CA is $1,813 per month ($21,756 per year).
What hourly wage is needed to afford rent in Nevada County, CA?
To comfortably afford a 2-bedroom apartment at $1,813/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $34.87 per hour ($72,520/year).
What are the HUD Fair Market Rents by bedroom count in Nevada County, CA?
Official 2026 HUD rents in Nevada County, CA are: Studio: $1,373/mo, 1-Bedroom: $1,382/mo, 2-Bedroom: $1,813/mo, 3-Bedroom: $2,521/mo, and 4-Bedroom: $3,041/mo.
How do HUD Fair Market Rents compare to local incomes in Nevada County, CA?
At the local Census ACS median household income of $89,882/year ($7,490/month), the benchmark 2-bedroom Fair Market Rent represents 24.2% of monthly income.
How is the 30% housing affordability standard calculated in Nevada County, CA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,813/month, the required minimum annual gross income is calculated as ($1,813 × 12) ÷ 0.30 = $72,520 per year.