Rental Benchmark Overview
2-Bedroom Benchmark Rent
$906$10,872 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Nodaway County, MO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Nodaway County, MO
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 | $714 | $8,568 | $28,560 | $13.73/hr |
| 1-Bedroom Apartment | $718 | $8,616 | $28,720 | $13.81/hr |
| 2-Bedroom ApartmentStandard Benchmark | $906 | $10,872 | $36,240 | $17.42/hr |
| 3-Bedroom Home | $1,160 | $13,920 | $46,400 | $22.31/hr |
| 4-Bedroom Home | $1,520 | $18,240 | $60,800 | $29.23/hr |
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Frequently Asked Questions About Rent in Nodaway County, MO
What is the Fair Market Rent for a 2-bedroom in Nodaway County, MO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Nodaway County, MO is $906 per month ($10,872 per year).
What hourly wage is needed to afford rent in Nodaway County, MO?
To comfortably afford a 2-bedroom apartment at $906/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.42 per hour ($36,240/year).
What are the HUD Fair Market Rents by bedroom count in Nodaway County, MO?
Official 2026 HUD rents in Nodaway County, MO are: Studio: $714/mo, 1-Bedroom: $718/mo, 2-Bedroom: $906/mo, 3-Bedroom: $1,160/mo, and 4-Bedroom: $1,520/mo.
How do HUD Fair Market Rents compare to local incomes in Nodaway County, MO?
At the local Census ACS median household income of $59,315/year ($4,943/month), the benchmark 2-bedroom Fair Market Rent represents 18.3% of monthly income.
How is the 30% housing affordability standard calculated in Nodaway County, MO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $906/month, the required minimum annual gross income is calculated as ($906 × 12) ÷ 0.30 = $36,240 per year.