Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,364$16,368 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Walton County, FL
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Walton County, 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 | $1,058 | $12,696 | $42,320 | $20.35/hr |
| 1-Bedroom Apartment | $1,244 | $14,928 | $49,760 | $23.92/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,364 | $16,368 | $54,560 | $26.23/hr |
| 3-Bedroom Home | $1,897 | $22,764 | $75,880 | $36.48/hr |
| 4-Bedroom Home | $2,288 | $27,456 | $91,520 | $44.00/hr |
See comprehensive cost of living profile for Walton County, FL →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Florida:
Frequently Asked Questions About Rent in Walton County, FL
What is the Fair Market Rent for a 2-bedroom in Walton County, FL?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Walton County, FL is $1,364 per month ($16,368 per year).
What hourly wage is needed to afford rent in Walton County, FL?
To comfortably afford a 2-bedroom apartment at $1,364/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.23 per hour ($54,560/year).
What are the HUD Fair Market Rents by bedroom count in Walton County, FL?
Official 2026 HUD rents in Walton County, FL are: Studio: $1,058/mo, 1-Bedroom: $1,244/mo, 2-Bedroom: $1,364/mo, 3-Bedroom: $1,897/mo, and 4-Bedroom: $2,288/mo.
How do HUD Fair Market Rents compare to local incomes in Walton County, FL?
At the local Census ACS median household income of $81,986/year ($6,832/month), the benchmark 2-bedroom Fair Market Rent represents 20% of monthly income.
How is the 30% housing affordability standard calculated in Walton County, FL?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,364/month, the required minimum annual gross income is calculated as ($1,364 × 12) ÷ 0.30 = $54,560 per year.