Rent in Bay County, FL at a glance
2-bedroom rent (HUD)
$1,682$20,184 a year · HUD fiscal year 2026From October 1, 2026: $1,651 (−1.8%)How much rent can you afford in Bay County, FL?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Bay County, FL by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $1,426 | $17,112 | $57,040 | $27.42/hr |
| 1 bedroom | $1,480 | $17,760 | $59,200 | $28.46/hr |
| 2 bedroomsMost searched | $1,682 | $20,184 | $67,280 | $32.35/hr |
| 3 bedrooms | $2,169 | $26,028 | $86,760 | $41.71/hr |
| 4 bedrooms | $2,689 | $32,268 | $107,560 | $51.71/hr |
Cost of living in Bay County, FL: income, prices and a budget →
Living and working in Bay County, FL
Rent in Bay County, FL: common questions
How much is rent going down in Bay County, FL in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,651 for a two-bedroom, down 1.8% from $1,682. A one-bedroom goes from $1,480 to $1,517, a studio from $1,426 to $1,414.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Bay County, FL?
HUD's Fair Market Rent for 2026 is $1,480 for a one-bedroom and $1,682 for a two-bedroom, utilities included. That is $20,184 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Bay County, FL?
To keep a $1,682 two-bedroom at 30% of gross pay, one full-time worker needs $32.35 an hour, or $67,280 a year. A one-bedroom at $1,480 takes $28.46 an hour.
How much is a 1, 2 or 3-bedroom apartment in Bay County, FL?
At HUD's 2026 Fair Market Rent: studio $1,426, one bedroom $1,480, two $1,682, three $2,169 and four $2,689 a month.
Is rent affordable in Bay County, FL?
For the typical household, earning $73,533 a year ($6,128 a month, Census ACS), a two-bedroom at $1,682 takes 27.4% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,682 × 12) ÷ 0.30 = $67,280. Divided by 2,080 working hours, that is $32.35 an hour.