Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,399$16,788 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Sussex County, DE
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Sussex County, DE
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 | $1,059 | $12,708 | $42,360 | $20.37/hr |
| 1-Bedroom Apartment | $1,066 | $12,792 | $42,640 | $20.50/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,399 | $16,788 | $55,960 | $26.90/hr |
| 3-Bedroom Home | $1,757 | $21,084 | $70,280 | $33.79/hr |
| 4-Bedroom Home | $2,172 | $26,064 | $86,880 | $41.77/hr |
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Frequently Asked Questions About Rent in Sussex County, DE
What is the Fair Market Rent for a 2-bedroom in Sussex County, DE?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Sussex County, DE is $1,399 per month ($16,788 per year).
What hourly wage is needed to afford rent in Sussex County, DE?
To comfortably afford a 2-bedroom apartment at $1,399/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.90 per hour ($55,960/year).
What are the HUD Fair Market Rents by bedroom count in Sussex County, DE?
Official 2026 HUD rents in Sussex County, DE are: Studio: $1,059/mo, 1-Bedroom: $1,066/mo, 2-Bedroom: $1,399/mo, 3-Bedroom: $1,757/mo, and 4-Bedroom: $2,172/mo.
How do HUD Fair Market Rents compare to local incomes in Sussex County, DE?
At the local Census ACS median household income of $81,497/year ($6,791/month), the benchmark 2-bedroom Fair Market Rent represents 20.6% of monthly income.
How is the 30% housing affordability standard calculated in Sussex County, DE?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,399/month, the required minimum annual gross income is calculated as ($1,399 × 12) ÷ 0.30 = $55,960 per year.