Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,345$16,140 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Rutland County, VT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Rutland County, VT
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 | $1,019 | $12,228 | $40,760 | $19.60/hr |
| 1-Bedroom Apartment | $1,026 | $12,312 | $41,040 | $19.73/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,345 | $16,140 | $53,800 | $25.87/hr |
| 3-Bedroom Home | $1,638 | $19,656 | $65,520 | $31.50/hr |
| 4-Bedroom Home | $1,987 | $23,844 | $79,480 | $38.21/hr |
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Frequently Asked Questions About Rent in Rutland County, VT
What is the Fair Market Rent for a 2-bedroom in Rutland County, VT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Rutland County, VT is $1,345 per month ($16,140 per year).
What hourly wage is needed to afford rent in Rutland County, VT?
To comfortably afford a 2-bedroom apartment at $1,345/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.87 per hour ($53,800/year).
What are the HUD Fair Market Rents by bedroom count in Rutland County, VT?
Official 2026 HUD rents in Rutland County, VT are: Studio: $1,019/mo, 1-Bedroom: $1,026/mo, 2-Bedroom: $1,345/mo, 3-Bedroom: $1,638/mo, and 4-Bedroom: $1,987/mo.
How do HUD Fair Market Rents compare to local incomes in Rutland County, VT?
At the local Census ACS median household income of $68,616/year ($5,718/month), the benchmark 2-bedroom Fair Market Rent represents 23.5% of monthly income.
How is the 30% housing affordability standard calculated in Rutland County, VT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,345/month, the required minimum annual gross income is calculated as ($1,345 × 12) ÷ 0.30 = $53,800 per year.