Rental Benchmark Overview
2-Bedroom Benchmark Rent
$972$11,664 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Northampton County, NC
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Northampton County, NC
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 | $736 | $8,832 | $29,440 | $14.15/hr |
| 1-Bedroom Apartment | $741 | $8,892 | $29,640 | $14.25/hr |
| 2-Bedroom ApartmentStandard Benchmark | $972 | $11,664 | $38,880 | $18.69/hr |
| 3-Bedroom Home | $1,165 | $13,980 | $46,600 | $22.40/hr |
| 4-Bedroom Home | $1,344 | $16,128 | $53,760 | $25.85/hr |
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Frequently Asked Questions About Rent in Northampton County, NC
What is the Fair Market Rent for a 2-bedroom in Northampton County, NC?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Northampton County, NC is $972 per month ($11,664 per year).
What hourly wage is needed to afford rent in Northampton County, NC?
To comfortably afford a 2-bedroom apartment at $972/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.69 per hour ($38,880/year).
What are the HUD Fair Market Rents by bedroom count in Northampton County, NC?
Official 2026 HUD rents in Northampton County, NC are: Studio: $736/mo, 1-Bedroom: $741/mo, 2-Bedroom: $972/mo, 3-Bedroom: $1,165/mo, and 4-Bedroom: $1,344/mo.
How do HUD Fair Market Rents compare to local incomes in Northampton County, NC?
At the local Census ACS median household income of $50,086/year ($4,174/month), the benchmark 2-bedroom Fair Market Rent represents 23.3% of monthly income.
How is the 30% housing affordability standard calculated in Northampton County, NC?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $972/month, the required minimum annual gross income is calculated as ($972 × 12) ÷ 0.30 = $38,880 per year.