FY2026 Fair Market Rents — Chippewa County
Studio
$735
1BR
$823
2BR
$1,066
3BR
$1,278
4BR
$1,411
Chippewa County, Michigan
FIPS 26033 · County-level FMR and income limit data
FMR Area: Chippewa County, MI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $735 | $8,820 |
| 1-Bedroom | $823 | $9,876 |
| 2-Bedroom | $1,066 | $12,792 |
| 3-Bedroom | $1,278 | $15,336 |
| 4-Bedroom | $1,411 | $16,932 |
To afford the FY2026 2-bedroom FMR of $1,066/mo under the 30%-of-income rule, a household needs about
$42,640/yr ($3,553/mo). Area Median Income is $86,300.
At MI's state minimum wage of $12.48/hr, a worker would need to work 66 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $735 | $823 | $1,066 | $1,278 | $1,411 |
| FY2025 | $701 | $780 | $1,023 | $1,233 | $1,356 |
| FY2024 | $697 | $782 | $1,028 | $1,243 | $1,369 |
| FY2023 | $594 | $675 | $888 | $1,081 | $1,193 |
| FY2022 | $532 | $608 | $800 | $989 | $1,085 |
| FY2021 | $507 | $584 | $769 | $956 | $1,043 |
| FY2020 | $475 | $552 | $713 | $889 | $966 |
FY2026 Income Limits
Area Median Income: $86,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,150 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,250 | $34,550 | $38,850 | $43,150 | $46,650 | $50,100 |
| 80% AMI | $48,350 | $55,250 | $62,150 | $69,050 | $74,600 | $80,100 |