Rental Benchmark Overview
2-Bedroom Benchmark Rent
$2,185$26,220 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Summit County, UT
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Summit County, UT
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 | $1,771 | $21,252 | $70,840 | $34.06/hr |
| 1-Bedroom Apartment | $1,887 | $22,644 | $75,480 | $36.29/hr |
| 2-Bedroom ApartmentStandard Benchmark | $2,185 | $26,220 | $87,400 | $42.02/hr |
| 3-Bedroom Home | $2,958 | $35,496 | $118,320 | $56.88/hr |
| 4-Bedroom Home | $3,492 | $41,904 | $139,680 | $67.15/hr |
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Frequently Asked Questions About Rent in Summit County, UT
What is the Fair Market Rent for a 2-bedroom in Summit County, UT?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Summit County, UT is $2,185 per month ($26,220 per year).
What hourly wage is needed to afford rent in Summit County, UT?
To comfortably afford a 2-bedroom apartment at $2,185/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $42.02 per hour ($87,400/year).
What are the HUD Fair Market Rents by bedroom count in Summit County, UT?
Official 2026 HUD rents in Summit County, UT are: Studio: $1,771/mo, 1-Bedroom: $1,887/mo, 2-Bedroom: $2,185/mo, 3-Bedroom: $2,958/mo, and 4-Bedroom: $3,492/mo.
How do HUD Fair Market Rents compare to local incomes in Summit County, UT?
At the local Census ACS median household income of $138,114/year ($11,510/month), the benchmark 2-bedroom Fair Market Rent represents 19% of monthly income.
How is the 30% housing affordability standard calculated in Summit County, UT?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $2,185/month, the required minimum annual gross income is calculated as ($2,185 × 12) ÷ 0.30 = $87,400 per year.
