Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,081$12,972 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Renville County, ND
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Renville County, ND
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 | $783 | $9,396 | $31,320 | $15.06/hr |
| 1-Bedroom Apartment | $824 | $9,888 | $32,960 | $15.85/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,081 | $12,972 | $43,240 | $20.79/hr |
| 3-Bedroom Home | $1,329 | $15,948 | $53,160 | $25.56/hr |
| 4-Bedroom Home | $1,557 | $18,684 | $62,280 | $29.94/hr |
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Frequently Asked Questions About Rent in Renville County, ND
What is the Fair Market Rent for a 2-bedroom in Renville County, ND?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Renville County, ND is $1,081 per month ($12,972 per year).
What hourly wage is needed to afford rent in Renville County, ND?
To comfortably afford a 2-bedroom apartment at $1,081/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.79 per hour ($43,240/year).
What are the HUD Fair Market Rents by bedroom count in Renville County, ND?
Official 2026 HUD rents in Renville County, ND are: Studio: $783/mo, 1-Bedroom: $824/mo, 2-Bedroom: $1,081/mo, 3-Bedroom: $1,329/mo, and 4-Bedroom: $1,557/mo.
How do HUD Fair Market Rents compare to local incomes in Renville County, ND?
At the local Census ACS median household income of $74,301/year ($6,192/month), the benchmark 2-bedroom Fair Market Rent represents 17.5% of monthly income.
How is the 30% housing affordability standard calculated in Renville County, ND?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,081/month, the required minimum annual gross income is calculated as ($1,081 × 12) ÷ 0.30 = $43,240 per year.