Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,009$12,108 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Scott County, IN
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Scott County, IN
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 | $723 | $8,676 | $28,920 | $13.90/hr |
| 1-Bedroom Apartment | $769 | $9,228 | $30,760 | $14.79/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,009 | $12,108 | $40,360 | $19.40/hr |
| 3-Bedroom Home | $1,348 | $16,176 | $53,920 | $25.92/hr |
| 4-Bedroom Home | $1,353 | $16,236 | $54,120 | $26.02/hr |
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Frequently Asked Questions About Rent in Scott County, IN
What is the Fair Market Rent for a 2-bedroom in Scott County, IN?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Scott County, IN is $1,009 per month ($12,108 per year).
What hourly wage is needed to afford rent in Scott County, IN?
To comfortably afford a 2-bedroom apartment at $1,009/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.40 per hour ($40,360/year).
What are the HUD Fair Market Rents by bedroom count in Scott County, IN?
Official 2026 HUD rents in Scott County, IN are: Studio: $723/mo, 1-Bedroom: $769/mo, 2-Bedroom: $1,009/mo, 3-Bedroom: $1,348/mo, and 4-Bedroom: $1,353/mo.
How do HUD Fair Market Rents compare to local incomes in Scott County, IN?
At the local Census ACS median household income of $56,352/year ($4,696/month), the benchmark 2-bedroom Fair Market Rent represents 21.5% of monthly income.
How is the 30% housing affordability standard calculated in Scott County, IN?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,009/month, the required minimum annual gross income is calculated as ($1,009 × 12) ÷ 0.30 = $40,360 per year.
