Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,362$16,344 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Orange County, VT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Orange County, VT
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 | $1,040 | $12,480 | $41,600 | $20.00/hr |
| 1-Bedroom Apartment | $1,167 | $14,004 | $46,680 | $22.44/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,362 | $16,344 | $54,480 | $26.19/hr |
| 3-Bedroom Home | $1,757 | $21,084 | $70,280 | $33.79/hr |
| 4-Bedroom Home | $1,878 | $22,536 | $75,120 | $36.12/hr |
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Frequently Asked Questions About Rent in Orange County, VT
What is the Fair Market Rent for a 2-bedroom in Orange County, VT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Orange County, VT is $1,362 per month ($16,344 per year).
What hourly wage is needed to afford rent in Orange County, VT?
To comfortably afford a 2-bedroom apartment at $1,362/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.19 per hour ($54,480/year).
What are the HUD Fair Market Rents by bedroom count in Orange County, VT?
Official 2026 HUD rents in Orange County, VT are: Studio: $1,040/mo, 1-Bedroom: $1,167/mo, 2-Bedroom: $1,362/mo, 3-Bedroom: $1,757/mo, and 4-Bedroom: $1,878/mo.
How do HUD Fair Market Rents compare to local incomes in Orange County, VT?
At the local Census ACS median household income of $82,232/year ($6,853/month), the benchmark 2-bedroom Fair Market Rent represents 19.9% of monthly income.
How is the 30% housing affordability standard calculated in Orange County, VT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,362/month, the required minimum annual gross income is calculated as ($1,362 × 12) ÷ 0.30 = $54,480 per year.