Rental Benchmark Overview
2-Bedroom Benchmark Rent
$918$11,016 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Pike County, MO
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Pike County, MO
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 | $682 | $8,184 | $27,280 | $13.12/hr |
| 1-Bedroom Apartment | $700 | $8,400 | $28,000 | $13.46/hr |
| 2-Bedroom ApartmentStandard Benchmark | $918 | $11,016 | $36,720 | $17.65/hr |
| 3-Bedroom Home | $1,101 | $13,212 | $44,040 | $21.17/hr |
| 4-Bedroom Home | $1,215 | $14,580 | $48,600 | $23.37/hr |
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Frequently Asked Questions About Rent in Pike County, MO
What is the Fair Market Rent for a 2-bedroom in Pike County, MO?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Pike County, MO is $918 per month ($11,016 per year).
What hourly wage is needed to afford rent in Pike County, MO?
To comfortably afford a 2-bedroom apartment at $918/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.65 per hour ($36,720/year).
What are the HUD Fair Market Rents by bedroom count in Pike County, MO?
Official 2026 HUD rents in Pike County, MO are: Studio: $682/mo, 1-Bedroom: $700/mo, 2-Bedroom: $918/mo, 3-Bedroom: $1,101/mo, and 4-Bedroom: $1,215/mo.
How do HUD Fair Market Rents compare to local incomes in Pike County, MO?
At the local Census ACS median household income of $54,989/year ($4,582/month), the benchmark 2-bedroom Fair Market Rent represents 20% of monthly income.
How is the 30% housing affordability standard calculated in Pike County, MO?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $918/month, the required minimum annual gross income is calculated as ($918 × 12) ÷ 0.30 = $36,720 per year.