Rental Benchmark Overview
2-Bedroom Benchmark Rent
$973$11,676 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Wyoming County, NY
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Wyoming County, NY
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 | $840 | $10,080 | $33,600 | $16.15/hr |
| 1-Bedroom Apartment | $844 | $10,128 | $33,760 | $16.23/hr |
| 2-Bedroom ApartmentStandard Benchmark | $973 | $11,676 | $38,920 | $18.71/hr |
| 3-Bedroom Home | $1,336 | $16,032 | $53,440 | $25.69/hr |
| 4-Bedroom Home | $1,603 | $19,236 | $64,120 | $30.83/hr |
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Frequently Asked Questions About Rent in Wyoming County, NY
What is the Fair Market Rent for a 2-bedroom in Wyoming County, NY?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Wyoming County, NY is $973 per month ($11,676 per year).
What hourly wage is needed to afford rent in Wyoming County, NY?
To comfortably afford a 2-bedroom apartment at $973/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $18.71 per hour ($38,920/year).
What are the HUD Fair Market Rents by bedroom count in Wyoming County, NY?
Official 2026 HUD rents in Wyoming County, NY are: Studio: $840/mo, 1-Bedroom: $844/mo, 2-Bedroom: $973/mo, 3-Bedroom: $1,336/mo, and 4-Bedroom: $1,603/mo.
How do HUD Fair Market Rents compare to local incomes in Wyoming County, NY?
At the local Census ACS median household income of $69,110/year ($5,759/month), the benchmark 2-bedroom Fair Market Rent represents 16.9% of monthly income.
How is the 30% housing affordability standard calculated in Wyoming County, NY?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $973/month, the required minimum annual gross income is calculated as ($973 × 12) ÷ 0.30 = $38,920 per year.