FY2026 Fair Market Rents — Clare County
Studio
$698
1BR
$751
2BR
$986
3BR
$1,189
4BR
$1,611
Clare County, Michigan
FIPS 26035 · County-level FMR and income limit data
FMR Area: Clare County, MI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $698 | $8,376 |
| 1-Bedroom | $751 | $9,012 |
| 2-Bedroom | $986 | $11,832 |
| 3-Bedroom | $1,189 | $14,268 |
| 4-Bedroom | $1,611 | $19,332 |
To afford the FY2026 2-bedroom FMR of $986/mo under the 30%-of-income rule, a household needs about
$39,440/yr ($3,287/mo). Area Median Income is $65,100.
At MI's state minimum wage of $12.48/hr, a worker would need to work 61 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $698 | $751 | $986 | $1,189 | $1,611 |
| FY2025 | $654 | $711 | $933 | $1,154 | $1,567 |
| FY2024 | $633 | $689 | $905 | $1,170 | $1,516 |
| FY2023 | $571 | $628 | $826 | $1,084 | $1,371 |
| FY2022 | $524 | $575 | $757 | $1,016 | $1,163 |
| FY2021 | $503 | $557 | $734 | $990 | $1,071 |
| FY2020 | $495 | $541 | $713 | $958 | $993 |
FY2026 Income Limits
Area Median Income: $65,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $17,600 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $29,300 | $33,450 | $37,650 | $41,800 | $45,150 | $48,500 |
| 80% AMI | $46,850 | $53,550 | $60,250 | $66,900 | $72,300 | $77,650 |