Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,149$13,788 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Wallowa County, OR
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Wallowa County, OR
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 | $800 | $9,600 | $32,000 | $15.38/hr |
| 1-Bedroom Apartment | $942 | $11,304 | $37,680 | $18.12/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,149 | $13,788 | $45,960 | $22.10/hr |
| 3-Bedroom Home | $1,598 | $19,176 | $63,920 | $30.73/hr |
| 4-Bedroom Home | $1,928 | $23,136 | $77,120 | $37.08/hr |
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Frequently Asked Questions About Rent in Wallowa County, OR
What is the Fair Market Rent for a 2-bedroom in Wallowa County, OR?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Wallowa County, OR is $1,149 per month ($13,788 per year).
What hourly wage is needed to afford rent in Wallowa County, OR?
To comfortably afford a 2-bedroom apartment at $1,149/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.10 per hour ($45,960/year).
What are the HUD Fair Market Rents by bedroom count in Wallowa County, OR?
Official 2026 HUD rents in Wallowa County, OR are: Studio: $800/mo, 1-Bedroom: $942/mo, 2-Bedroom: $1,149/mo, 3-Bedroom: $1,598/mo, and 4-Bedroom: $1,928/mo.
How do HUD Fair Market Rents compare to local incomes in Wallowa County, OR?
At the local Census ACS median household income of $67,112/year ($5,593/month), the benchmark 2-bedroom Fair Market Rent represents 20.5% of monthly income.
How is the 30% housing affordability standard calculated in Wallowa County, OR?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,149/month, the required minimum annual gross income is calculated as ($1,149 × 12) ÷ 0.30 = $45,960 per year.