Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,132$13,584 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Union County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Union County, FL
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 | $857 | $10,284 | $34,280 | $16.48/hr |
| 1-Bedroom Apartment | $863 | $10,356 | $34,520 | $16.60/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,132 | $13,584 | $45,280 | $21.77/hr |
| 3-Bedroom Home | $1,421 | $17,052 | $56,840 | $27.33/hr |
| 4-Bedroom Home | $1,499 | $17,988 | $59,960 | $28.83/hr |
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Frequently Asked Questions About Rent in Union County, FL
What is the Fair Market Rent for a 2-bedroom in Union County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Union County, FL is $1,132 per month ($13,584 per year).
What hourly wage is needed to afford rent in Union County, FL?
To comfortably afford a 2-bedroom apartment at $1,132/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.77 per hour ($45,280/year).
What are the HUD Fair Market Rents by bedroom count in Union County, FL?
Official 2026 HUD rents in Union County, FL are: Studio: $857/mo, 1-Bedroom: $863/mo, 2-Bedroom: $1,132/mo, 3-Bedroom: $1,421/mo, and 4-Bedroom: $1,499/mo.
How do HUD Fair Market Rents compare to local incomes in Union County, FL?
At the local Census ACS median household income of $64,146/year ($5,346/month), the benchmark 2-bedroom Fair Market Rent represents 21.2% of monthly income.
How is the 30% housing affordability standard calculated in Union County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,132/month, the required minimum annual gross income is calculated as ($1,132 × 12) ÷ 0.30 = $45,280 per year.
