Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,169$14,028 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Seneca County, NY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Seneca County, NY
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 | $879 | $10,548 | $35,160 | $16.90/hr |
| 1-Bedroom Apartment | $921 | $11,052 | $36,840 | $17.71/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,169 | $14,028 | $46,760 | $22.48/hr |
| 3-Bedroom Home | $1,550 | $18,600 | $62,000 | $29.81/hr |
| 4-Bedroom Home | $1,961 | $23,532 | $78,440 | $37.71/hr |
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Frequently Asked Questions About Rent in Seneca County, NY
What is the Fair Market Rent for a 2-bedroom in Seneca County, NY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Seneca County, NY is $1,169 per month ($14,028 per year).
What hourly wage is needed to afford rent in Seneca County, NY?
To comfortably afford a 2-bedroom apartment at $1,169/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.48 per hour ($46,760/year).
What are the HUD Fair Market Rents by bedroom count in Seneca County, NY?
Official 2026 HUD rents in Seneca County, NY are: Studio: $879/mo, 1-Bedroom: $921/mo, 2-Bedroom: $1,169/mo, 3-Bedroom: $1,550/mo, and 4-Bedroom: $1,961/mo.
How do HUD Fair Market Rents compare to local incomes in Seneca County, NY?
At the local Census ACS median household income of $68,089/year ($5,674/month), the benchmark 2-bedroom Fair Market Rent represents 20.6% of monthly income.
How is the 30% housing affordability standard calculated in Seneca County, NY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,169/month, the required minimum annual gross income is calculated as ($1,169 × 12) ÷ 0.30 = $46,760 per year.