Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,038$12,456 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Union County, SC
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Union County, SC
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 | $786 | $9,432 | $31,440 | $15.12/hr |
| 1-Bedroom Apartment | $791 | $9,492 | $31,640 | $15.21/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,038 | $12,456 | $41,520 | $19.96/hr |
| 3-Bedroom Home | $1,270 | $15,240 | $50,800 | $24.42/hr |
| 4-Bedroom Home | $1,374 | $16,488 | $54,960 | $26.42/hr |
See comprehensive cost of living profile for Union County, SC →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across South Carolina:
Frequently Asked Questions About Rent in Union County, SC
What is the Fair Market Rent for a 2-bedroom in Union County, SC?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Union County, SC is $1,038 per month ($12,456 per year).
What hourly wage is needed to afford rent in Union County, SC?
To comfortably afford a 2-bedroom apartment at $1,038/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.96 per hour ($41,520/year).
What are the HUD Fair Market Rents by bedroom count in Union County, SC?
Official 2026 HUD rents in Union County, SC are: Studio: $786/mo, 1-Bedroom: $791/mo, 2-Bedroom: $1,038/mo, 3-Bedroom: $1,270/mo, and 4-Bedroom: $1,374/mo.
How do HUD Fair Market Rents compare to local incomes in Union County, SC?
At the local Census ACS median household income of $41,621/year ($3,468/month), the benchmark 2-bedroom Fair Market Rent represents 29.9% of monthly income.
How is the 30% housing affordability standard calculated in Union County, SC?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,038/month, the required minimum annual gross income is calculated as ($1,038 × 12) ÷ 0.30 = $41,520 per year.