Rental Benchmark Overview
2-Bedroom Benchmark Rent
$996$11,952 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Sweetwater County, WY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Sweetwater County, WY
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 | $735 | $8,820 | $29,400 | $14.13/hr |
| 1-Bedroom Apartment | $854 | $10,248 | $34,160 | $16.42/hr |
| 2-Bedroom ApartmentStandard Benchmark | $996 | $11,952 | $39,840 | $19.15/hr |
| 3-Bedroom Home | $1,263 | $15,156 | $50,520 | $24.29/hr |
| 4-Bedroom Home | $1,671 | $20,052 | $66,840 | $32.13/hr |
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Frequently Asked Questions About Rent in Sweetwater County, WY
What is the Fair Market Rent for a 2-bedroom in Sweetwater County, WY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Sweetwater County, WY is $996 per month ($11,952 per year).
What hourly wage is needed to afford rent in Sweetwater County, WY?
To comfortably afford a 2-bedroom apartment at $996/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.15 per hour ($39,840/year).
What are the HUD Fair Market Rents by bedroom count in Sweetwater County, WY?
Official 2026 HUD rents in Sweetwater County, WY are: Studio: $735/mo, 1-Bedroom: $854/mo, 2-Bedroom: $996/mo, 3-Bedroom: $1,263/mo, and 4-Bedroom: $1,671/mo.
How do HUD Fair Market Rents compare to local incomes in Sweetwater County, WY?
At the local Census ACS median household income of $75,034/year ($6,253/month), the benchmark 2-bedroom Fair Market Rent represents 15.9% of monthly income.
How is the 30% housing affordability standard calculated in Sweetwater County, WY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $996/month, the required minimum annual gross income is calculated as ($996 × 12) ÷ 0.30 = $39,840 per year.