Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,958$23,496 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Venice, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Venice, 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 | $1,418 | $17,016 | $56,720 | $27.27/hr |
| 1-Bedroom Apartment | $1,686 | $20,232 | $67,440 | $32.42/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,958 | $23,496 | $78,320 | $37.65/hr |
| 3-Bedroom Home | $2,537 | $30,444 | $101,480 | $48.79/hr |
| 4-Bedroom Home | $3,027 | $36,324 | $121,080 | $58.21/hr |
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Frequently Asked Questions About Rent in Venice, FL
What is the Fair Market Rent for a 2-bedroom in Venice, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Venice, FL is $1,958 per month ($23,496 per year).
What hourly wage is needed to afford rent in Venice, FL?
To comfortably afford a 2-bedroom apartment at $1,958/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $37.65 per hour ($78,320/year).
What are the HUD Fair Market Rents by bedroom count in Venice, FL?
Official 2026 HUD rents in Venice, FL are: Studio: $1,418/mo, 1-Bedroom: $1,686/mo, 2-Bedroom: $1,958/mo, 3-Bedroom: $2,537/mo, and 4-Bedroom: $3,027/mo.
How do HUD Fair Market Rents compare to local incomes in Venice, FL?
At the local Census ACS median household income of $76,755/year ($6,396/month), the benchmark 2-bedroom Fair Market Rent represents 30.6% of monthly income.
How is the 30% housing affordability standard calculated in Venice, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,958/month, the required minimum annual gross income is calculated as ($1,958 × 12) ÷ 0.30 = $78,320 per year.