Compare Fair Market Rents — FY2026
| Bedroom | Ann Arbor, MI MSA | Bay City, MI MSA |
|---|---|---|
| Studio | $1,365 | $809 |
| 1-Bedroom | $1,387 | $814 |
| 2-Bedroom | $1,656 | $1,030 |
| 3-Bedroom | $1,986 | $1,399 |
| 4-Bedroom | $2,193 | $1,518 |
Income Limits & Affordability
| Metric | Ann Arbor, MI MSA | Bay City, MI MSA |
|---|---|---|
| Area Median Income (4p) | $142,300 | $89,900 |
| 50% AMI Limit (4p) | $69,200 | $44,950 |
| Income needed for 2BR FMR (30% rule) | $66,240 | $41,200 |