Rental Benchmark Overview
2-Bedroom Benchmark Rent
$886$10,632 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Walker County, AL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Walker County, AL
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 | $644 | $7,728 | $25,760 | $12.38/hr |
| 1-Bedroom Apartment | $724 | $8,688 | $28,960 | $13.92/hr |
| 2-Bedroom ApartmentStandard Benchmark | $886 | $10,632 | $35,440 | $17.04/hr |
| 3-Bedroom Home | $1,232 | $14,784 | $49,280 | $23.69/hr |
| 4-Bedroom Home | $1,481 | $17,772 | $59,240 | $28.48/hr |
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Frequently Asked Questions About Rent in Walker County, AL
What is the Fair Market Rent for a 2-bedroom in Walker County, AL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Walker County, AL is $886 per month ($10,632 per year).
What hourly wage is needed to afford rent in Walker County, AL?
To comfortably afford a 2-bedroom apartment at $886/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $17.04 per hour ($35,440/year).
What are the HUD Fair Market Rents by bedroom count in Walker County, AL?
Official 2026 HUD rents in Walker County, AL are: Studio: $644/mo, 1-Bedroom: $724/mo, 2-Bedroom: $886/mo, 3-Bedroom: $1,232/mo, and 4-Bedroom: $1,481/mo.
How do HUD Fair Market Rents compare to local incomes in Walker County, AL?
At the local Census ACS median household income of $56,509/year ($4,709/month), the benchmark 2-bedroom Fair Market Rent represents 18.8% of monthly income.
How is the 30% housing affordability standard calculated in Walker County, AL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $886/month, the required minimum annual gross income is calculated as ($886 × 12) ÷ 0.30 = $35,440 per year.