Rental Benchmark Overview
2-Bedroom Benchmark Rent
$778$9,336 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Randolph County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Randolph County, AL
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 | $536 | $6,432 | $21,440 | $10.31/hr |
| 1-Bedroom Apartment | $634 | $7,608 | $25,360 | $12.19/hr |
| 2-Bedroom ApartmentStandard Benchmark | $778 | $9,336 | $31,120 | $14.96/hr |
| 3-Bedroom Home | $980 | $11,760 | $39,200 | $18.85/hr |
| 4-Bedroom Home | $1,126 | $13,512 | $45,040 | $21.65/hr |
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Frequently Asked Questions About Rent in Randolph County, AL
What is the Fair Market Rent for a 2-bedroom in Randolph County, AL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Randolph County, AL is $778 per month ($9,336 per year).
What hourly wage is needed to afford rent in Randolph County, AL?
To comfortably afford a 2-bedroom apartment at $778/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $14.96 per hour ($31,120/year).
What are the HUD Fair Market Rents by bedroom count in Randolph County, AL?
Official 2026 HUD rents in Randolph County, AL are: Studio: $536/mo, 1-Bedroom: $634/mo, 2-Bedroom: $778/mo, 3-Bedroom: $980/mo, and 4-Bedroom: $1,126/mo.
How do HUD Fair Market Rents compare to local incomes in Randolph County, AL?
At the local Census ACS median household income of $52,338/year ($4,362/month), the benchmark 2-bedroom Fair Market Rent represents 17.8% of monthly income.
How is the 30% housing affordability standard calculated in Randolph County, AL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $778/month, the required minimum annual gross income is calculated as ($778 × 12) ÷ 0.30 = $31,120 per year.