Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,720$20,640 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Skagit County, WA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Skagit County, WA
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 | $1,186 | $14,232 | $47,440 | $22.81/hr |
| 1-Bedroom Apartment | $1,311 | $15,732 | $52,440 | $25.21/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,720 | $20,640 | $68,800 | $33.08/hr |
| 3-Bedroom Home | $2,392 | $28,704 | $95,680 | $46.00/hr |
| 4-Bedroom Home | $2,599 | $31,188 | $103,960 | $49.98/hr |
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Frequently Asked Questions About Rent in Skagit County, WA
What is the Fair Market Rent for a 2-bedroom in Skagit County, WA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Skagit County, WA is $1,720 per month ($20,640 per year).
What hourly wage is needed to afford rent in Skagit County, WA?
To comfortably afford a 2-bedroom apartment at $1,720/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $33.08 per hour ($68,800/year).
What are the HUD Fair Market Rents by bedroom count in Skagit County, WA?
Official 2026 HUD rents in Skagit County, WA are: Studio: $1,186/mo, 1-Bedroom: $1,311/mo, 2-Bedroom: $1,720/mo, 3-Bedroom: $2,392/mo, and 4-Bedroom: $2,599/mo.
How do HUD Fair Market Rents compare to local incomes in Skagit County, WA?
At the local Census ACS median household income of $89,263/year ($7,439/month), the benchmark 2-bedroom Fair Market Rent represents 23.1% of monthly income.
How is the 30% housing affordability standard calculated in Skagit County, WA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,720/month, the required minimum annual gross income is calculated as ($1,720 × 12) ÷ 0.30 = $68,800 per year.