Rental Benchmark Overview
2-Bedroom Benchmark Rent
$872$10,464 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Union County, MS
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Union County, MS
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 | $760 | $9,120 | $30,400 | $14.62/hr |
| 1-Bedroom Apartment | $795 | $9,540 | $31,800 | $15.29/hr |
| 2-Bedroom ApartmentStandard Benchmark | $872 | $10,464 | $34,880 | $16.77/hr |
| 3-Bedroom Home | $1,082 | $12,984 | $43,280 | $20.81/hr |
| 4-Bedroom Home | $1,155 | $13,860 | $46,200 | $22.21/hr |
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Frequently Asked Questions About Rent in Union County, MS
What is the Fair Market Rent for a 2-bedroom in Union County, MS?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Union County, MS is $872 per month ($10,464 per year).
What hourly wage is needed to afford rent in Union County, MS?
To comfortably afford a 2-bedroom apartment at $872/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $16.77 per hour ($34,880/year).
What are the HUD Fair Market Rents by bedroom count in Union County, MS?
Official 2026 HUD rents in Union County, MS are: Studio: $760/mo, 1-Bedroom: $795/mo, 2-Bedroom: $872/mo, 3-Bedroom: $1,082/mo, and 4-Bedroom: $1,155/mo.
How do HUD Fair Market Rents compare to local incomes in Union County, MS?
At the local Census ACS median household income of $55,505/year ($4,625/month), the benchmark 2-bedroom Fair Market Rent represents 18.9% of monthly income.
How is the 30% housing affordability standard calculated in Union County, MS?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $872/month, the required minimum annual gross income is calculated as ($872 × 12) ÷ 0.30 = $34,880 per year.