Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,091$13,092 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Shenandoah County, VA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Shenandoah County, VA
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 | $849 | $10,188 | $33,960 | $16.33/hr |
| 1-Bedroom Apartment | $855 | $10,260 | $34,200 | $16.44/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,091 | $13,092 | $43,640 | $20.98/hr |
| 3-Bedroom Home | $1,394 | $16,728 | $55,760 | $26.81/hr |
| 4-Bedroom Home | $1,523 | $18,276 | $60,920 | $29.29/hr |
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Frequently Asked Questions About Rent in Shenandoah County, VA
What is the Fair Market Rent for a 2-bedroom in Shenandoah County, VA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Shenandoah County, VA is $1,091 per month ($13,092 per year).
What hourly wage is needed to afford rent in Shenandoah County, VA?
To comfortably afford a 2-bedroom apartment at $1,091/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $20.98 per hour ($43,640/year).
What are the HUD Fair Market Rents by bedroom count in Shenandoah County, VA?
Official 2026 HUD rents in Shenandoah County, VA are: Studio: $849/mo, 1-Bedroom: $855/mo, 2-Bedroom: $1,091/mo, 3-Bedroom: $1,394/mo, and 4-Bedroom: $1,523/mo.
How do HUD Fair Market Rents compare to local incomes in Shenandoah County, VA?
At the local Census ACS median household income of $67,191/year ($5,599/month), the benchmark 2-bedroom Fair Market Rent represents 19.5% of monthly income.
How is the 30% housing affordability standard calculated in Shenandoah County, VA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,091/month, the required minimum annual gross income is calculated as ($1,091 × 12) ÷ 0.30 = $43,640 per year.