Rental Benchmark Overview
2-Bedroom Benchmark Rent
$924$11,088 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Slope County, ND
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Slope County, ND
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 | $738 | $8,856 | $29,520 | $14.19/hr |
| 1-Bedroom Apartment | $743 | $8,916 | $29,720 | $14.29/hr |
| 2-Bedroom ApartmentStandard Benchmark | $924 | $11,088 | $36,960 | $17.77/hr |
| 3-Bedroom Home | $1,285 | $15,420 | $51,400 | $24.71/hr |
| 4-Bedroom Home | $1,550 | $18,600 | $62,000 | $29.81/hr |
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Frequently Asked Questions About Rent in Slope County, ND
What is the Fair Market Rent for a 2-bedroom in Slope County, ND?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Slope County, ND is $924 per month ($11,088 per year).
What hourly wage is needed to afford rent in Slope County, ND?
To comfortably afford a 2-bedroom apartment at $924/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.77 per hour ($36,960/year).
What are the HUD Fair Market Rents by bedroom count in Slope County, ND?
Official 2026 HUD rents in Slope County, ND are: Studio: $738/mo, 1-Bedroom: $743/mo, 2-Bedroom: $924/mo, 3-Bedroom: $1,285/mo, and 4-Bedroom: $1,550/mo.
How do HUD Fair Market Rents compare to local incomes in Slope County, ND?
At the local Census ACS median household income of $71,250/year ($5,938/month), the benchmark 2-bedroom Fair Market Rent represents 15.6% of monthly income.
How is the 30% housing affordability standard calculated in Slope County, ND?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $924/month, the required minimum annual gross income is calculated as ($924 × 12) ÷ 0.30 = $36,960 per year.