Rental Benchmark Overview
2-Bedroom Benchmark Rent
$2,254$27,048 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Palm Beach County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Palm Beach 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 | $1,788 | $21,456 | $71,520 | $34.38/hr |
| 1-Bedroom Apartment | $1,901 | $22,812 | $76,040 | $36.56/hr |
| 2-Bedroom ApartmentStandard Benchmark | $2,254 | $27,048 | $90,160 | $43.35/hr |
| 3-Bedroom Home | $2,920 | $35,040 | $116,800 | $56.15/hr |
| 4-Bedroom Home | $3,388 | $40,656 | $135,520 | $65.15/hr |
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Frequently Asked Questions About Rent in Palm Beach County, FL
What is the Fair Market Rent for a 2-bedroom in Palm Beach County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Palm Beach County, FL is $2,254 per month ($27,048 per year).
What hourly wage is needed to afford rent in Palm Beach County, FL?
To comfortably afford a 2-bedroom apartment at $2,254/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $43.35 per hour ($90,160/year).
What are the HUD Fair Market Rents by bedroom count in Palm Beach County, FL?
Official 2026 HUD rents in Palm Beach County, FL are: Studio: $1,788/mo, 1-Bedroom: $1,901/mo, 2-Bedroom: $2,254/mo, 3-Bedroom: $2,920/mo, and 4-Bedroom: $3,388/mo.
How do HUD Fair Market Rents compare to local incomes in Palm Beach County, FL?
At the local Census ACS median household income of $83,581/year ($6,965/month), the benchmark 2-bedroom Fair Market Rent represents 32.4% of monthly income.
How is the 30% housing affordability standard calculated in Palm Beach County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $2,254/month, the required minimum annual gross income is calculated as ($2,254 × 12) ÷ 0.30 = $90,160 per year.