Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,653$19,836 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Teton County, WY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Teton 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 | $1,252 | $15,024 | $50,080 | $24.08/hr |
| 1-Bedroom Apartment | $1,260 | $15,120 | $50,400 | $24.23/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,653 | $19,836 | $66,120 | $31.79/hr |
| 3-Bedroom Home | $2,216 | $26,592 | $88,640 | $42.62/hr |
| 4-Bedroom Home | $2,730 | $32,760 | $109,200 | $52.50/hr |
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Frequently Asked Questions About Rent in Teton County, WY
What is the Fair Market Rent for a 2-bedroom in Teton County, WY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Teton County, WY is $1,653 per month ($19,836 per year).
What hourly wage is needed to afford rent in Teton County, WY?
To comfortably afford a 2-bedroom apartment at $1,653/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $31.79 per hour ($66,120/year).
What are the HUD Fair Market Rents by bedroom count in Teton County, WY?
Official 2026 HUD rents in Teton County, WY are: Studio: $1,252/mo, 1-Bedroom: $1,260/mo, 2-Bedroom: $1,653/mo, 3-Bedroom: $2,216/mo, and 4-Bedroom: $2,730/mo.
How do HUD Fair Market Rents compare to local incomes in Teton County, WY?
At the local Census ACS median household income of $124,172/year ($10,348/month), the benchmark 2-bedroom Fair Market Rent represents 16% of monthly income.
How is the 30% housing affordability standard calculated in Teton County, WY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,653/month, the required minimum annual gross income is calculated as ($1,653 × 12) ÷ 0.30 = $66,120 per year.