What is the Fair Market Rent for a 2-bedroom in Benzie County, MI HUD Metro FMR Area?

The HUD Fair Market Rent for a 2-bedroom unit in Benzie County, MI HUD Metro FMR Area is $1,224 per month for fiscal year 2026. The studio FMR is $904, 1-bedroom is $937, 3-bedroom is $1,586, and 4-bedroom is $1,720.

What income do you need to afford the FMR in Benzie County, MI HUD Metro FMR Area?

Using the standard 30%-of-income affordability rule, a household would need to earn about $48,960 per year ($4,080 per month) to afford the FY2026 2-bedroom Fair Market Rent of $1,224 in Benzie County, MI HUD Metro FMR Area.

FY2026 Fair Market Rents — Benzie County, MI HUD Metro FMR Area

The HUD-published Fair Market Rents for FY2026 in this area are:

Studio

$904

1BR

$937

2BR

$1,224

3BR

$1,586

4BR

$1,720

Hours/week at min wage

76 hrs

to afford the 2BR FMR @ $12.48/hr (MI)

National rank

#344

of 661 U.S. metros (top 53% most expensive)

Voucher payment standard

$1,102–$1,346

PHAs set HCV payment at 90–110% of the 2BR FMR

Benzie County, MI HUD Metro FMR Area

Metropolitan area · MI · View full history · Income limits · LIHTC rents

FY2026 Fair Market Rents

Bedroom Size	Monthly FMR	Annual Equivalent
Efficiency (Studio)	$904	$10,848
1-Bedroom	$937	$11,244
2-Bedroom	$1,224	$14,688
3-Bedroom	$1,586	$19,032
4-Bedroom	$1,720	$20,640

FY2026 Income Limits

Area Median Income (AMI): $95,500

AMI Level	1p	2p	3p	4p	5p	6p
30% AMI (Extremely Low)	$20,100	$22,950	$27,320	$33,000	$38,680	$44,360
50% AMI (Very Low)	$33,450	$38,200	$43,000	$47,750	$51,600	$55,400
80% AMI (Low)	$53,500	$61,150	$68,800	$76,400	$82,550	$88,650

Full income limits table (all 8 household sizes) →

Affordability Snapshot

2BR Annual FMR

$14,688/yr

FMR as % of Area Median Income

15.4% of AMI

Under 30% — affordable at median income

Income Needed (30% rule, 2BR)

$48,960/yr

$4,080/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	$835	$955	$1,074	$1,289	$1,384
60% AMI Maximum	$1,002	$1,146	$1,289	$1,547	$1,661

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	$904	$937	$1,224	$1,551	$1,551
Low HOME Rent	$836	$955	$1,075	$1,193	$1,290

Compare Benzie County, MI HUD Metro FMR Area With Other MI Metros

vs. Ann Arbor, MI MSA vs. Barry County, MI HUD Metro FMR Area vs. Battle Creek, MI MSA vs. Bay City, MI MSA vs. Cass County, MI HUD Metro FMR Area

Counties in This FMR Area

Benzie County