FY2026 Fair Market Rents — Hillsdale County
Studio
$691
1BR
$764
2BR
$1,002
3BR
$1,252
4BR
$1,327
Hillsdale County, Michigan
FIPS 26059 · County-level FMR and income limit data
FMR Area: Hillsdale County, MI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $691 | $8,292 |
| 1-Bedroom | $764 | $9,168 |
| 2-Bedroom | $1,002 | $12,024 |
| 3-Bedroom | $1,252 | $15,024 |
| 4-Bedroom | $1,327 | $15,924 |
To afford the FY2026 2-bedroom FMR of $1,002/mo under the 30%-of-income rule, a household needs about
$40,080/yr ($3,340/mo). Area Median Income is $81,300.
At MI's state minimum wage of $12.48/hr, a worker would need to work 62 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $691 | $764 | $1,002 | $1,252 | $1,327 |
| FY2025 | $707 | $711 | $933 | $1,188 | $1,237 |
| FY2024 | $720 | $725 | $952 | $1,199 | $1,306 |
| FY2023 | $575 | $631 | $831 | $1,036 | $1,136 |
| FY2022 | $561 | $616 | $811 | $1,003 | $1,100 |
| FY2021 | $548 | $607 | $800 | $995 | $1,085 |
| FY2020 | $540 | $550 | $725 | $913 | $982 |
FY2026 Income Limits
Area Median Income: $81,300
| 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 |