Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,331$15,972 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Oconee County, GA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Oconee County, GA
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 | $1,159 | $13,908 | $46,360 | $22.29/hr |
| 1-Bedroom Apartment | $1,183 | $14,196 | $47,320 | $22.75/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,331 | $15,972 | $53,240 | $25.60/hr |
| 3-Bedroom Home | $1,734 | $20,808 | $69,360 | $33.35/hr |
| 4-Bedroom Home | $1,831 | $21,972 | $73,240 | $35.21/hr |
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Frequently Asked Questions About Rent in Oconee County, GA
What is the Fair Market Rent for a 2-bedroom in Oconee County, GA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Oconee County, GA is $1,331 per month ($15,972 per year).
What hourly wage is needed to afford rent in Oconee County, GA?
To comfortably afford a 2-bedroom apartment at $1,331/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.60 per hour ($53,240/year).
What are the HUD Fair Market Rents by bedroom count in Oconee County, GA?
Official 2026 HUD rents in Oconee County, GA are: Studio: $1,159/mo, 1-Bedroom: $1,183/mo, 2-Bedroom: $1,331/mo, 3-Bedroom: $1,734/mo, and 4-Bedroom: $1,831/mo.
How do HUD Fair Market Rents compare to local incomes in Oconee County, GA?
At the local Census ACS median household income of $121,217/year ($10,101/month), the benchmark 2-bedroom Fair Market Rent represents 13.2% of monthly income.
How is the 30% housing affordability standard calculated in Oconee County, GA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,331/month, the required minimum annual gross income is calculated as ($1,331 × 12) ÷ 0.30 = $53,240 per year.