Rental Benchmark Overview
2-Bedroom Benchmark Rent
$897$10,764 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Polk County, AR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Polk County, AR
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 | $642 | $7,704 | $25,680 | $12.35/hr |
| 1-Bedroom Apartment | $703 | $8,436 | $28,120 | $13.52/hr |
| 2-Bedroom ApartmentStandard Benchmark | $897 | $10,764 | $35,880 | $17.25/hr |
| 3-Bedroom Home | $1,076 | $12,912 | $43,040 | $20.69/hr |
| 4-Bedroom Home | $1,188 | $14,256 | $47,520 | $22.85/hr |
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Frequently Asked Questions About Rent in Polk County, AR
What is the Fair Market Rent for a 2-bedroom in Polk County, AR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Polk County, AR is $897 per month ($10,764 per year).
What hourly wage is needed to afford rent in Polk County, AR?
To comfortably afford a 2-bedroom apartment at $897/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.25 per hour ($35,880/year).
What are the HUD Fair Market Rents by bedroom count in Polk County, AR?
Official 2026 HUD rents in Polk County, AR are: Studio: $642/mo, 1-Bedroom: $703/mo, 2-Bedroom: $897/mo, 3-Bedroom: $1,076/mo, and 4-Bedroom: $1,188/mo.
How do HUD Fair Market Rents compare to local incomes in Polk County, AR?
At the local Census ACS median household income of $49,191/year ($4,099/month), the benchmark 2-bedroom Fair Market Rent represents 21.9% of monthly income.
How is the 30% housing affordability standard calculated in Polk County, AR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $897/month, the required minimum annual gross income is calculated as ($897 × 12) ÷ 0.30 = $35,880 per year.