FY2026 Fair Market Rents — Lansing-East Lansing, MI MSA
The HUD-published Fair Market Rents for FY2026 in this area are:
Studio
$973
1BR
$1,012
2BR
$1,268
3BR
$1,627
4BR
$1,679
Hours/week at min wage
79 hrs
to afford the 2BR FMR @ $12.48/hr (MI)
National rank
#310
of 661 U.S. metros (top 48% most expensive)
YoY change (2BR)
+12.5%
+$141 vs FY2025 · 5-yr +39.5%
Voucher payment standard
$1,141–$1,395
PHAs set HCV payment at 90–110% of the 2BR FMR
Lansing-East Lansing, MI MSA
Metropolitan area · MI · View full history · Income limits · LIHTC rents
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $973 | $11,676 |
| 1-Bedroom | $1,012 | $12,144 |
| 2-Bedroom | $1,268 | $15,216 |
| 3-Bedroom | $1,627 | $19,524 |
| 4-Bedroom | $1,679 | $20,148 |
Recent 2-Bedroom FMR Trend
FY2020 $893 → FY2026 $1,268
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $973 | $1,012 | $1,268 | $1,627 | $1,679 |
| FY2025 | $870 | $905 | $1,127 | $1,465 | $1,494 |
| FY2024 | $847 | $887 | $1,092 | $1,423 | $1,454 |
| FY2023 | $837 | $868 | $1,063 | $1,374 | $1,428 |
| FY2022 | $733 | $767 | $936 | $1,203 | $1,269 |
| FY2021 | $710 | $740 | $909 | $1,171 | $1,264 |
| FY2020 | $682 | $722 | $893 | $1,168 | $1,280 |
View full FMR history back to FY2000 →
FY2026 Income Limits
Area Median Income (AMI): $102,600
| AMI Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI (Extremely Low) | $21,600 | $24,650 | $27,750 | $33,000 | $38,680 | $44,360 |
| 50% AMI (Very Low) | $35,950 | $41,050 | $46,200 | $51,300 | $55,450 | $59,550 |
| 80% AMI (Low) | $57,500 | $65,700 | $73,900 | $82,100 | $88,700 | $95,250 |
Full income limits table (all 8 household sizes) →
Affordability Snapshot
2BR Annual FMR
$15,216/yr
FMR as % of Area Median Income
14.8% of AMI
Under 30% — affordable at median income
Income Needed (30% rule, 2BR)
$50,720/yr
$4,227/mo gross income
FY2026 LIHTC Maximum Rents
Maximum gross rents for Low-Income Housing Tax Credit units, by income band. Full LIHTC details →
| AMI Band | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| 50% AMI Maximum | $897 | $1,026 | $1,154 | $1,385 | $1,487 |
| 60% AMI Maximum | $1,077 | $1,231 | $1,385 | $1,662 | $1,785 |
FY2026 HOME Program Rent Limits
Maximum rents for HOME Investment Partnerships–funded units. High HOME rents apply to most assisted units; Low HOME rents apply to the lowest-income set-aside units. Full HOME rent details →
| Limit Type | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| High HOME Rent | $973 | $1,012 | $1,268 | $1,627 | $1,667 |
| Low HOME Rent | $898 | $1,026 | $1,155 | $1,282 | $1,386 |
Compare Lansing-East Lansing, MI MSA With Other MI Metros
vs. Ann Arbor, MI MSA
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vs. Benzie County, MI HUD Metro FMR Area