Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,616$19,392 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Northwest Hills Planning Region, CT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Northwest Hills Planning Region, CT
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 | $1,114 | $13,368 | $44,560 | $21.42/hr |
| 1-Bedroom Apartment | $1,316 | $15,792 | $52,640 | $25.31/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,616 | $19,392 | $64,640 | $31.08/hr |
| 3-Bedroom Home | $2,082 | $24,984 | $83,280 | $40.04/hr |
| 4-Bedroom Home | $2,348 | $28,176 | $93,920 | $45.15/hr |
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Frequently Asked Questions About Rent in Northwest Hills Planning Region, CT
What is the Fair Market Rent for a 2-bedroom in Northwest Hills Planning Region, CT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Northwest Hills Planning Region, CT is $1,616 per month ($19,392 per year).
What hourly wage is needed to afford rent in Northwest Hills Planning Region, CT?
To comfortably afford a 2-bedroom apartment at $1,616/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $31.08 per hour ($64,640/year).
What are the HUD Fair Market Rents by bedroom count in Northwest Hills Planning Region, CT?
Official 2026 HUD rents in Northwest Hills Planning Region, CT are: Studio: $1,114/mo, 1-Bedroom: $1,316/mo, 2-Bedroom: $1,616/mo, 3-Bedroom: $2,082/mo, and 4-Bedroom: $2,348/mo.
How do HUD Fair Market Rents compare to local incomes in Northwest Hills Planning Region, CT?
At the local Census ACS median household income of $93,551/year ($7,796/month), the benchmark 2-bedroom Fair Market Rent represents 20.7% of monthly income.
How is the 30% housing affordability standard calculated in Northwest Hills Planning Region, CT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,616/month, the required minimum annual gross income is calculated as ($1,616 × 12) ÷ 0.30 = $64,640 per year.