Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,895$22,740 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Warren County, NJ
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Warren County, NJ
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 | $1,517 | $18,204 | $60,680 | $29.17/hr |
| 1-Bedroom Apartment | $1,527 | $18,324 | $61,080 | $29.37/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,895 | $22,740 | $75,800 | $36.44/hr |
| 3-Bedroom Home | $2,404 | $28,848 | $96,160 | $46.23/hr |
| 4-Bedroom Home | $2,800 | $33,600 | $112,000 | $53.85/hr |
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Frequently Asked Questions About Rent in Warren County, NJ
What is the Fair Market Rent for a 2-bedroom in Warren County, NJ?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Warren County, NJ is $1,895 per month ($22,740 per year).
What hourly wage is needed to afford rent in Warren County, NJ?
To comfortably afford a 2-bedroom apartment at $1,895/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $36.44 per hour ($75,800/year).
What are the HUD Fair Market Rents by bedroom count in Warren County, NJ?
Official 2026 HUD rents in Warren County, NJ are: Studio: $1,517/mo, 1-Bedroom: $1,527/mo, 2-Bedroom: $1,895/mo, 3-Bedroom: $2,404/mo, and 4-Bedroom: $2,800/mo.
How do HUD Fair Market Rents compare to local incomes in Warren County, NJ?
At the local Census ACS median household income of $100,869/year ($8,406/month), the benchmark 2-bedroom Fair Market Rent represents 22.5% of monthly income.
How is the 30% housing affordability standard calculated in Warren County, NJ?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,895/month, the required minimum annual gross income is calculated as ($1,895 × 12) ÷ 0.30 = $75,800 per year.