Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,315$15,780 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Warren County, VA
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Warren County, VA
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 | $953 | $11,436 | $38,120 | $18.33/hr |
| 1-Bedroom Apartment | $1,002 | $12,024 | $40,080 | $19.27/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,315 | $15,780 | $52,600 | $25.29/hr |
| 3-Bedroom Home | $1,754 | $21,048 | $70,160 | $33.73/hr |
| 4-Bedroom Home | $2,206 | $26,472 | $88,240 | $42.42/hr |
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Frequently Asked Questions About Rent in Warren County, VA
What is the Fair Market Rent for a 2-bedroom in Warren County, VA?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Warren County, VA is $1,315 per month ($15,780 per year).
What hourly wage is needed to afford rent in Warren County, VA?
To comfortably afford a 2-bedroom apartment at $1,315/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.29 per hour ($52,600/year).
What are the HUD Fair Market Rents by bedroom count in Warren County, VA?
Official 2026 HUD rents in Warren County, VA are: Studio: $953/mo, 1-Bedroom: $1,002/mo, 2-Bedroom: $1,315/mo, 3-Bedroom: $1,754/mo, and 4-Bedroom: $2,206/mo.
How do HUD Fair Market Rents compare to local incomes in Warren County, VA?
At the local Census ACS median household income of $84,682/year ($7,057/month), the benchmark 2-bedroom Fair Market Rent represents 18.6% of monthly income.
How is the 30% housing affordability standard calculated in Warren County, VA?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,315/month, the required minimum annual gross income is calculated as ($1,315 × 12) ÷ 0.30 = $52,600 per year.