Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,338$16,056 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Waukesha County, WI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Waukesha County, WI
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 | $1,027 | $12,324 | $41,080 | $19.75/hr |
| 1-Bedroom Apartment | $1,119 | $13,428 | $44,760 | $21.52/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,338 | $16,056 | $53,520 | $25.73/hr |
| 3-Bedroom Home | $1,648 | $19,776 | $65,920 | $31.69/hr |
| 4-Bedroom Home | $1,784 | $21,408 | $71,360 | $34.31/hr |
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Frequently Asked Questions About Rent in Waukesha County, WI
What is the Fair Market Rent for a 2-bedroom in Waukesha County, WI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Waukesha County, WI is $1,338 per month ($16,056 per year).
What hourly wage is needed to afford rent in Waukesha County, WI?
To comfortably afford a 2-bedroom apartment at $1,338/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $25.73 per hour ($53,520/year).
What are the HUD Fair Market Rents by bedroom count in Waukesha County, WI?
Official 2026 HUD rents in Waukesha County, WI are: Studio: $1,027/mo, 1-Bedroom: $1,119/mo, 2-Bedroom: $1,338/mo, 3-Bedroom: $1,648/mo, and 4-Bedroom: $1,784/mo.
How do HUD Fair Market Rents compare to local incomes in Waukesha County, WI?
At the local Census ACS median household income of $106,076/year ($8,840/month), the benchmark 2-bedroom Fair Market Rent represents 15.1% of monthly income.
How is the 30% housing affordability standard calculated in Waukesha County, WI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,338/month, the required minimum annual gross income is calculated as ($1,338 × 12) ÷ 0.30 = $53,520 per year.