Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,244$14,928 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Wayne County, NC
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Wayne County, NC
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 | $942 | $11,304 | $37,680 | $18.12/hr |
| 1-Bedroom Apartment | $948 | $11,376 | $37,920 | $18.23/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,244 | $14,928 | $49,760 | $23.92/hr |
| 3-Bedroom Home | $1,496 | $17,952 | $59,840 | $28.77/hr |
| 4-Bedroom Home | $2,021 | $24,252 | $80,840 | $38.87/hr |
See comprehensive cost of living profile for Wayne County, NC →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across North Carolina:
Frequently Asked Questions About Rent in Wayne County, NC
What is the Fair Market Rent for a 2-bedroom in Wayne County, NC?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Wayne County, NC is $1,244 per month ($14,928 per year).
What hourly wage is needed to afford rent in Wayne County, NC?
To comfortably afford a 2-bedroom apartment at $1,244/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $23.92 per hour ($49,760/year).
What are the HUD Fair Market Rents by bedroom count in Wayne County, NC?
Official 2026 HUD rents in Wayne County, NC are: Studio: $942/mo, 1-Bedroom: $948/mo, 2-Bedroom: $1,244/mo, 3-Bedroom: $1,496/mo, and 4-Bedroom: $2,021/mo.
How do HUD Fair Market Rents compare to local incomes in Wayne County, NC?
At the local Census ACS median household income of $59,733/year ($4,978/month), the benchmark 2-bedroom Fair Market Rent represents 25% of monthly income.
How is the 30% housing affordability standard calculated in Wayne County, NC?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,244/month, the required minimum annual gross income is calculated as ($1,244 × 12) ÷ 0.30 = $49,760 per year.