Compare Fair Market Rents — FY2026
| Bedroom | Grand Traverse County, M... | Bay City, MI MSA |
|---|---|---|
| Studio | $1,136 | $809 |
| 1-Bedroom | $1,143 | $814 |
| 2-Bedroom | $1,357 | $1,030 |
| 3-Bedroom | $1,747 | $1,399 |
| 4-Bedroom | $1,797 | $1,518 |
Income Limits & Affordability
| Metric | Grand Traverse County, M... | Bay City, MI MSA |
|---|---|---|
| Area Median Income (4p) | $113,900 | $89,900 |
| 50% AMI Limit (4p) | $56,950 | $44,950 |
| Income needed for 2BR FMR (30% rule) | $54,280 | $41,200 |