Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,033$12,396 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Shelby County, OH
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Shelby County, OH
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 | $720 | $8,640 | $28,800 | $13.85/hr |
| 1-Bedroom Apartment | $787 | $9,444 | $31,480 | $15.13/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,033 | $12,396 | $41,320 | $19.87/hr |
| 3-Bedroom Home | $1,384 | $16,608 | $55,360 | $26.62/hr |
| 4-Bedroom Home | $1,448 | $17,376 | $57,920 | $27.85/hr |
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Frequently Asked Questions About Rent in Shelby County, OH
What is the Fair Market Rent for a 2-bedroom in Shelby County, OH?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Shelby County, OH is $1,033 per month ($12,396 per year).
What hourly wage is needed to afford rent in Shelby County, OH?
To comfortably afford a 2-bedroom apartment at $1,033/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.87 per hour ($41,320/year).
What are the HUD Fair Market Rents by bedroom count in Shelby County, OH?
Official 2026 HUD rents in Shelby County, OH are: Studio: $720/mo, 1-Bedroom: $787/mo, 2-Bedroom: $1,033/mo, 3-Bedroom: $1,384/mo, and 4-Bedroom: $1,448/mo.
How do HUD Fair Market Rents compare to local incomes in Shelby County, OH?
At the local Census ACS median household income of $73,978/year ($6,165/month), the benchmark 2-bedroom Fair Market Rent represents 16.8% of monthly income.
How is the 30% housing affordability standard calculated in Shelby County, OH?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,033/month, the required minimum annual gross income is calculated as ($1,033 × 12) ÷ 0.30 = $41,320 per year.