Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,257$15,084 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Sierra Vista, AZ
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Sierra Vista, AZ
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 | $887 | $10,644 | $35,480 | $17.06/hr |
| 1-Bedroom Apartment | $1,111 | $13,332 | $44,440 | $21.37/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,257 | $15,084 | $50,280 | $24.17/hr |
| 3-Bedroom Home | $1,748 | $20,976 | $69,920 | $33.62/hr |
| 4-Bedroom Home | $2,109 | $25,308 | $84,360 | $40.56/hr |
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Frequently Asked Questions About Rent in Sierra Vista, AZ
What is the Fair Market Rent for a 2-bedroom in Sierra Vista, AZ?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Sierra Vista, AZ is $1,257 per month ($15,084 per year).
What hourly wage is needed to afford rent in Sierra Vista, AZ?
To comfortably afford a 2-bedroom apartment at $1,257/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $24.17 per hour ($50,280/year).
What are the HUD Fair Market Rents by bedroom count in Sierra Vista, AZ?
Official 2026 HUD rents in Sierra Vista, AZ are: Studio: $887/mo, 1-Bedroom: $1,111/mo, 2-Bedroom: $1,257/mo, 3-Bedroom: $1,748/mo, and 4-Bedroom: $2,109/mo.
How do HUD Fair Market Rents compare to local incomes in Sierra Vista, AZ?
At the local Census ACS median household income of $70,291/year ($5,858/month), the benchmark 2-bedroom Fair Market Rent represents 21.5% of monthly income.
How is the 30% housing affordability standard calculated in Sierra Vista, AZ?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,257/month, the required minimum annual gross income is calculated as ($1,257 × 12) ÷ 0.30 = $50,280 per year.