Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,496$17,952 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Pike County, PA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Pike County, PA
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 | $1,143 | $13,716 | $45,720 | $21.98/hr |
| 1-Bedroom Apartment | $1,205 | $14,460 | $48,200 | $23.17/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,496 | $17,952 | $59,840 | $28.77/hr |
| 3-Bedroom Home | $2,063 | $24,756 | $82,520 | $39.67/hr |
| 4-Bedroom Home | $2,510 | $30,120 | $100,400 | $48.27/hr |
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Frequently Asked Questions About Rent in Pike County, PA
What is the Fair Market Rent for a 2-bedroom in Pike County, PA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Pike County, PA is $1,496 per month ($17,952 per year).
What hourly wage is needed to afford rent in Pike County, PA?
To comfortably afford a 2-bedroom apartment at $1,496/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $28.77 per hour ($59,840/year).
What are the HUD Fair Market Rents by bedroom count in Pike County, PA?
Official 2026 HUD rents in Pike County, PA are: Studio: $1,143/mo, 1-Bedroom: $1,205/mo, 2-Bedroom: $1,496/mo, 3-Bedroom: $2,063/mo, and 4-Bedroom: $2,510/mo.
How do HUD Fair Market Rents compare to local incomes in Pike County, PA?
At the local Census ACS median household income of $81,323/year ($6,777/month), the benchmark 2-bedroom Fair Market Rent represents 22.1% of monthly income.
How is the 30% housing affordability standard calculated in Pike County, PA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,496/month, the required minimum annual gross income is calculated as ($1,496 × 12) ÷ 0.30 = $59,840 per year.