Compare Fair Market Rents — FY2026
| Bedroom | Monroe, MI MSA | Ann Arbor, MI MSA |
|---|---|---|
| Studio | $914 | $1,365 |
| 1-Bedroom | $1,011 | $1,387 |
| 2-Bedroom | $1,326 | $1,656 |
| 3-Bedroom | $1,605 | $1,986 |
| 4-Bedroom | $2,147 | $2,193 |
Income Limits & Affordability
| Metric | Monroe, MI MSA | Ann Arbor, MI MSA |
|---|---|---|
| Area Median Income (4p) | $95,200 | $142,300 |
| 50% AMI Limit (4p) | $47,600 | $69,200 |
| Income needed for 2BR FMR (30% rule) | $53,040 | $66,240 |