Rental Benchmark Overview
2-Bedroom Benchmark Rent
$975$11,700 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Woods County, OK
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Woods County, OK
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 | $733 | $8,796 | $29,320 | $14.10/hr |
| 1-Bedroom Apartment | $831 | $9,972 | $33,240 | $15.98/hr |
| 2-Bedroom ApartmentStandard Benchmark | $975 | $11,700 | $39,000 | $18.75/hr |
| 3-Bedroom Home | $1,217 | $14,604 | $48,680 | $23.40/hr |
| 4-Bedroom Home | $1,291 | $15,492 | $51,640 | $24.83/hr |
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Frequently Asked Questions About Rent in Woods County, OK
What is the Fair Market Rent for a 2-bedroom in Woods County, OK?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Woods County, OK is $975 per month ($11,700 per year).
What hourly wage is needed to afford rent in Woods County, OK?
To comfortably afford a 2-bedroom apartment at $975/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.75 per hour ($39,000/year).
What are the HUD Fair Market Rents by bedroom count in Woods County, OK?
Official 2026 HUD rents in Woods County, OK are: Studio: $733/mo, 1-Bedroom: $831/mo, 2-Bedroom: $975/mo, 3-Bedroom: $1,217/mo, and 4-Bedroom: $1,291/mo.
How do HUD Fair Market Rents compare to local incomes in Woods County, OK?
At the local Census ACS median household income of $53,275/year ($4,440/month), the benchmark 2-bedroom Fair Market Rent represents 22% of monthly income.
How is the 30% housing affordability standard calculated in Woods County, OK?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $975/month, the required minimum annual gross income is calculated as ($975 × 12) ÷ 0.30 = $39,000 per year.