Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,378$16,536 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Wicomico County, MD
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Wicomico County, MD
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 | $1,054 | $12,648 | $42,160 | $20.27/hr |
| 1-Bedroom Apartment | $1,061 | $12,732 | $42,440 | $20.40/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,378 | $16,536 | $55,120 | $26.50/hr |
| 3-Bedroom Home | $1,818 | $21,816 | $72,720 | $34.96/hr |
| 4-Bedroom Home | $1,825 | $21,900 | $73,000 | $35.10/hr |
See comprehensive cost of living profile for Wicomico County, MD →
Explore Related Regional Profiles
Connect housing costs with earnings, taxes, and price levels across Maryland:
Frequently Asked Questions About Rent in Wicomico County, MD
What is the Fair Market Rent for a 2-bedroom in Wicomico County, MD?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Wicomico County, MD is $1,378 per month ($16,536 per year).
What hourly wage is needed to afford rent in Wicomico County, MD?
To comfortably afford a 2-bedroom apartment at $1,378/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $26.50 per hour ($55,120/year).
What are the HUD Fair Market Rents by bedroom count in Wicomico County, MD?
Official 2026 HUD rents in Wicomico County, MD are: Studio: $1,054/mo, 1-Bedroom: $1,061/mo, 2-Bedroom: $1,378/mo, 3-Bedroom: $1,818/mo, and 4-Bedroom: $1,825/mo.
How do HUD Fair Market Rents compare to local incomes in Wicomico County, MD?
At the local Census ACS median household income of $76,210/year ($6,351/month), the benchmark 2-bedroom Fair Market Rent represents 21.7% of monthly income.
How is the 30% housing affordability standard calculated in Wicomico County, MD?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,378/month, the required minimum annual gross income is calculated as ($1,378 × 12) ÷ 0.30 = $55,120 per year.