Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,187$14,244 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Spartanburg County, SC
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Spartanburg County, SC
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 | $1,034 | $12,408 | $41,360 | $19.88/hr |
| 1-Bedroom Apartment | $1,083 | $12,996 | $43,320 | $20.83/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,187 | $14,244 | $47,480 | $22.83/hr |
| 3-Bedroom Home | $1,439 | $17,268 | $57,560 | $27.67/hr |
| 4-Bedroom Home | $1,661 | $19,932 | $66,440 | $31.94/hr |
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Frequently Asked Questions About Rent in Spartanburg County, SC
What is the Fair Market Rent for a 2-bedroom in Spartanburg County, SC?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Spartanburg County, SC is $1,187 per month ($14,244 per year).
What hourly wage is needed to afford rent in Spartanburg County, SC?
To comfortably afford a 2-bedroom apartment at $1,187/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.83 per hour ($47,480/year).
What are the HUD Fair Market Rents by bedroom count in Spartanburg County, SC?
Official 2026 HUD rents in Spartanburg County, SC are: Studio: $1,034/mo, 1-Bedroom: $1,083/mo, 2-Bedroom: $1,187/mo, 3-Bedroom: $1,439/mo, and 4-Bedroom: $1,661/mo.
How do HUD Fair Market Rents compare to local incomes in Spartanburg County, SC?
At the local Census ACS median household income of $66,234/year ($5,520/month), the benchmark 2-bedroom Fair Market Rent represents 21.5% of monthly income.
How is the 30% housing affordability standard calculated in Spartanburg County, SC?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,187/month, the required minimum annual gross income is calculated as ($1,187 × 12) ÷ 0.30 = $47,480 per year.