Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,252$15,024 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Scranton, PA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Scranton, PA
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 | $863 | $10,356 | $34,520 | $16.60/hr |
| 1-Bedroom Apartment | $1,028 | $12,336 | $41,120 | $19.77/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,252 | $15,024 | $50,080 | $24.08/hr |
| 3-Bedroom Home | $1,631 | $19,572 | $65,240 | $31.37/hr |
| 4-Bedroom Home | $1,766 | $21,192 | $70,640 | $33.96/hr |
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Frequently Asked Questions About Rent in Scranton, PA
What is the Fair Market Rent for a 2-bedroom in Scranton, PA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Scranton, PA is $1,252 per month ($15,024 per year).
What hourly wage is needed to afford rent in Scranton, PA?
To comfortably afford a 2-bedroom apartment at $1,252/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $24.08 per hour ($50,080/year).
What are the HUD Fair Market Rents by bedroom count in Scranton, PA?
Official 2026 HUD rents in Scranton, PA are: Studio: $863/mo, 1-Bedroom: $1,028/mo, 2-Bedroom: $1,252/mo, 3-Bedroom: $1,631/mo, and 4-Bedroom: $1,766/mo.
How do HUD Fair Market Rents compare to local incomes in Scranton, PA?
At the local Census ACS median household income of $50,739/year ($4,228/month), the benchmark 2-bedroom Fair Market Rent represents 29.6% of monthly income.
How is the 30% housing affordability standard calculated in Scranton, PA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,252/month, the required minimum annual gross income is calculated as ($1,252 × 12) ÷ 0.30 = $50,080 per year.