Rental Benchmark Overview
2-Bedroom Benchmark Rent
$957$11,484 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Oktibbeha County, MS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Oktibbeha County, MS
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 | $834 | $10,008 | $33,360 | $16.04/hr |
| 1-Bedroom Apartment | $873 | $10,476 | $34,920 | $16.79/hr |
| 2-Bedroom ApartmentStandard Benchmark | $957 | $11,484 | $38,280 | $18.40/hr |
| 3-Bedroom Home | $1,262 | $15,144 | $50,480 | $24.27/hr |
| 4-Bedroom Home | $1,267 | $15,204 | $50,680 | $24.37/hr |
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Frequently Asked Questions About Rent in Oktibbeha County, MS
What is the Fair Market Rent for a 2-bedroom in Oktibbeha County, MS?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Oktibbeha County, MS is $957 per month ($11,484 per year).
What hourly wage is needed to afford rent in Oktibbeha County, MS?
To comfortably afford a 2-bedroom apartment at $957/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.40 per hour ($38,280/year).
What are the HUD Fair Market Rents by bedroom count in Oktibbeha County, MS?
Official 2026 HUD rents in Oktibbeha County, MS are: Studio: $834/mo, 1-Bedroom: $873/mo, 2-Bedroom: $957/mo, 3-Bedroom: $1,262/mo, and 4-Bedroom: $1,267/mo.
How do HUD Fair Market Rents compare to local incomes in Oktibbeha County, MS?
At the local Census ACS median household income of $46,695/year ($3,891/month), the benchmark 2-bedroom Fair Market Rent represents 24.6% of monthly income.
How is the 30% housing affordability standard calculated in Oktibbeha County, MS?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $957/month, the required minimum annual gross income is calculated as ($957 × 12) ÷ 0.30 = $38,280 per year.