Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,097$13,164 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Polk County, WI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Polk County, WI
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 | $756 | $9,072 | $30,240 | $14.54/hr |
| 1-Bedroom Apartment | $836 | $10,032 | $33,440 | $16.08/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,097 | $13,164 | $43,880 | $21.10/hr |
| 3-Bedroom Home | $1,357 | $16,284 | $54,280 | $26.10/hr |
| 4-Bedroom Home | $1,669 | $20,028 | $66,760 | $32.10/hr |
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Frequently Asked Questions About Rent in Polk County, WI
What is the Fair Market Rent for a 2-bedroom in Polk County, WI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Polk County, WI is $1,097 per month ($13,164 per year).
What hourly wage is needed to afford rent in Polk County, WI?
To comfortably afford a 2-bedroom apartment at $1,097/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.10 per hour ($43,880/year).
What are the HUD Fair Market Rents by bedroom count in Polk County, WI?
Official 2026 HUD rents in Polk County, WI are: Studio: $756/mo, 1-Bedroom: $836/mo, 2-Bedroom: $1,097/mo, 3-Bedroom: $1,357/mo, and 4-Bedroom: $1,669/mo.
How do HUD Fair Market Rents compare to local incomes in Polk County, WI?
At the local Census ACS median household income of $77,219/year ($6,435/month), the benchmark 2-bedroom Fair Market Rent represents 17% of monthly income.
How is the 30% housing affordability standard calculated in Polk County, WI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,097/month, the required minimum annual gross income is calculated as ($1,097 × 12) ÷ 0.30 = $43,880 per year.