Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,128$13,536 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Shoshone County, ID
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Shoshone County, ID
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 | $837 | $10,044 | $33,480 | $16.10/hr |
| 1-Bedroom Apartment | $860 | $10,320 | $34,400 | $16.54/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,128 | $13,536 | $45,120 | $21.69/hr |
| 3-Bedroom Home | $1,352 | $16,224 | $54,080 | $26.00/hr |
| 4-Bedroom Home | $1,892 | $22,704 | $75,680 | $36.38/hr |
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Frequently Asked Questions About Rent in Shoshone County, ID
What is the Fair Market Rent for a 2-bedroom in Shoshone County, ID?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Shoshone County, ID is $1,128 per month ($13,536 per year).
What hourly wage is needed to afford rent in Shoshone County, ID?
To comfortably afford a 2-bedroom apartment at $1,128/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.69 per hour ($45,120/year).
What are the HUD Fair Market Rents by bedroom count in Shoshone County, ID?
Official 2026 HUD rents in Shoshone County, ID are: Studio: $837/mo, 1-Bedroom: $860/mo, 2-Bedroom: $1,128/mo, 3-Bedroom: $1,352/mo, and 4-Bedroom: $1,892/mo.
How do HUD Fair Market Rents compare to local incomes in Shoshone County, ID?
At the local Census ACS median household income of $55,527/year ($4,627/month), the benchmark 2-bedroom Fair Market Rent represents 24.4% of monthly income.
How is the 30% housing affordability standard calculated in Shoshone County, ID?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,128/month, the required minimum annual gross income is calculated as ($1,128 × 12) ÷ 0.30 = $45,120 per year.
