Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,346$16,152 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Okeechobee County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Okeechobee County, FL
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 | $1,025 | $12,300 | $41,000 | $19.71/hr |
| 1-Bedroom Apartment | $1,032 | $12,384 | $41,280 | $19.85/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,346 | $16,152 | $53,840 | $25.88/hr |
| 3-Bedroom Home | $1,650 | $19,800 | $66,000 | $31.73/hr |
| 4-Bedroom Home | $1,782 | $21,384 | $71,280 | $34.27/hr |
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Frequently Asked Questions About Rent in Okeechobee County, FL
What is the Fair Market Rent for a 2-bedroom in Okeechobee County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Okeechobee County, FL is $1,346 per month ($16,152 per year).
What hourly wage is needed to afford rent in Okeechobee County, FL?
To comfortably afford a 2-bedroom apartment at $1,346/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.88 per hour ($53,840/year).
What are the HUD Fair Market Rents by bedroom count in Okeechobee County, FL?
Official 2026 HUD rents in Okeechobee County, FL are: Studio: $1,025/mo, 1-Bedroom: $1,032/mo, 2-Bedroom: $1,346/mo, 3-Bedroom: $1,650/mo, and 4-Bedroom: $1,782/mo.
How do HUD Fair Market Rents compare to local incomes in Okeechobee County, FL?
At the local Census ACS median household income of $57,984/year ($4,832/month), the benchmark 2-bedroom Fair Market Rent represents 27.9% of monthly income.
How is the 30% housing affordability standard calculated in Okeechobee County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,346/month, the required minimum annual gross income is calculated as ($1,346 × 12) ÷ 0.30 = $53,840 per year.