Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,346$16,152 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Sherman County, OR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Sherman County, OR
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 | $937 | $11,244 | $37,480 | $18.02/hr |
| 1-Bedroom Apartment | $1,026 | $12,312 | $41,040 | $19.73/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,346 | $16,152 | $53,840 | $25.88/hr |
| 3-Bedroom Home | $1,677 | $20,124 | $67,080 | $32.25/hr |
| 4-Bedroom Home | $2,258 | $27,096 | $90,320 | $43.42/hr |
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Frequently Asked Questions About Rent in Sherman County, OR
What is the Fair Market Rent for a 2-bedroom in Sherman County, OR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Sherman County, OR is $1,346 per month ($16,152 per year).
What hourly wage is needed to afford rent in Sherman County, OR?
To comfortably afford a 2-bedroom apartment at $1,346/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.88 per hour ($53,840/year).
What are the HUD Fair Market Rents by bedroom count in Sherman County, OR?
Official 2026 HUD rents in Sherman County, OR are: Studio: $937/mo, 1-Bedroom: $1,026/mo, 2-Bedroom: $1,346/mo, 3-Bedroom: $1,677/mo, and 4-Bedroom: $2,258/mo.
How do HUD Fair Market Rents compare to local incomes in Sherman County, OR?
At the local Census ACS median household income of $60,161/year ($5,013/month), the benchmark 2-bedroom Fair Market Rent represents 26.8% of monthly income.
How is the 30% housing affordability standard calculated in Sherman County, OR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,346/month, the required minimum annual gross income is calculated as ($1,346 × 12) ÷ 0.30 = $53,840 per year.