Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,155$13,860 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Putnam County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Putnam 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 | $874 | $10,488 | $34,960 | $16.81/hr |
| 1-Bedroom Apartment | $880 | $10,560 | $35,200 | $16.92/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,155 | $13,860 | $46,200 | $22.21/hr |
| 3-Bedroom Home | $1,452 | $17,424 | $58,080 | $27.92/hr |
| 4-Bedroom Home | $1,529 | $18,348 | $61,160 | $29.40/hr |
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Frequently Asked Questions About Rent in Putnam County, FL
What is the Fair Market Rent for a 2-bedroom in Putnam County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Putnam County, FL is $1,155 per month ($13,860 per year).
What hourly wage is needed to afford rent in Putnam County, FL?
To comfortably afford a 2-bedroom apartment at $1,155/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.21 per hour ($46,200/year).
What are the HUD Fair Market Rents by bedroom count in Putnam County, FL?
Official 2026 HUD rents in Putnam County, FL are: Studio: $874/mo, 1-Bedroom: $880/mo, 2-Bedroom: $1,155/mo, 3-Bedroom: $1,452/mo, and 4-Bedroom: $1,529/mo.
How do HUD Fair Market Rents compare to local incomes in Putnam County, FL?
At the local Census ACS median household income of $47,934/year ($3,995/month), the benchmark 2-bedroom Fair Market Rent represents 28.9% of monthly income.
How is the 30% housing affordability standard calculated in Putnam County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,155/month, the required minimum annual gross income is calculated as ($1,155 × 12) ÷ 0.30 = $46,200 per year.