Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,338$16,056 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Tyler, TX
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Tyler, TX
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 | $984 | $11,808 | $39,360 | $18.92/hr |
| 1-Bedroom Apartment | $1,089 | $13,068 | $43,560 | $20.94/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,338 | $16,056 | $53,520 | $25.73/hr |
| 3-Bedroom Home | $1,793 | $21,516 | $71,720 | $34.48/hr |
| 4-Bedroom Home | $1,981 | $23,772 | $79,240 | $38.10/hr |
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Frequently Asked Questions About Rent in Tyler, TX
What is the Fair Market Rent for a 2-bedroom in Tyler, TX?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Tyler, TX is $1,338 per month ($16,056 per year).
What hourly wage is needed to afford rent in Tyler, TX?
To comfortably afford a 2-bedroom apartment at $1,338/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.73 per hour ($53,520/year).
What are the HUD Fair Market Rents by bedroom count in Tyler, TX?
Official 2026 HUD rents in Tyler, TX are: Studio: $984/mo, 1-Bedroom: $1,089/mo, 2-Bedroom: $1,338/mo, 3-Bedroom: $1,793/mo, and 4-Bedroom: $1,981/mo.
How do HUD Fair Market Rents compare to local incomes in Tyler, TX?
At the local Census ACS median household income of $67,486/year ($5,624/month), the benchmark 2-bedroom Fair Market Rent represents 23.8% of monthly income.
How is the 30% housing affordability standard calculated in Tyler, TX?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,338/month, the required minimum annual gross income is calculated as ($1,338 × 12) ÷ 0.30 = $53,520 per year.