Rental Benchmark Overview
2-Bedroom Benchmark Rent
$995$11,940 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Nolan County, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Nolan County, TX
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 | $774 | $9,288 | $30,960 | $14.88/hr |
| 1-Bedroom Apartment | $810 | $9,720 | $32,400 | $15.58/hr |
| 2-Bedroom ApartmentStandard Benchmark | $995 | $11,940 | $39,800 | $19.13/hr |
| 3-Bedroom Home | $1,384 | $16,608 | $55,360 | $26.62/hr |
| 4-Bedroom Home | $1,669 | $20,028 | $66,760 | $32.10/hr |
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Frequently Asked Questions About Rent in Nolan County, TX
What is the Fair Market Rent for a 2-bedroom in Nolan County, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Nolan County, TX is $995 per month ($11,940 per year).
What hourly wage is needed to afford rent in Nolan County, TX?
To comfortably afford a 2-bedroom apartment at $995/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.13 per hour ($39,800/year).
What are the HUD Fair Market Rents by bedroom count in Nolan County, TX?
Official 2026 HUD rents in Nolan County, TX are: Studio: $774/mo, 1-Bedroom: $810/mo, 2-Bedroom: $995/mo, 3-Bedroom: $1,384/mo, and 4-Bedroom: $1,669/mo.
How do HUD Fair Market Rents compare to local incomes in Nolan County, TX?
At the local Census ACS median household income of $50,747/year ($4,229/month), the benchmark 2-bedroom Fair Market Rent represents 23.5% of monthly income.
How is the 30% housing affordability standard calculated in Nolan County, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $995/month, the required minimum annual gross income is calculated as ($995 × 12) ÷ 0.30 = $39,800 per year.