FY2026 Fair Market Rents — Ionia County
Studio
$834
1BR
$921
2BR
$1,209
3BR
$1,481
4BR
$1,931
Ionia County, Michigan
FIPS 26067 · County-level FMR and income limit data
FMR Area: Ionia County, MI HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $834 | $10,008 |
| 1-Bedroom | $921 | $11,052 |
| 2-Bedroom | $1,209 | $14,508 |
| 3-Bedroom | $1,481 | $17,772 |
| 4-Bedroom | $1,931 | $23,172 |
To afford the FY2026 2-bedroom FMR of $1,209/mo under the 30%-of-income rule, a household needs about
$48,360/yr ($4,030/mo). Area Median Income is $98,700.
At MI's state minimum wage of $12.48/hr, a worker would need to work 75 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $834 | $921 | $1,209 | $1,481 | $1,931 |
| FY2025 | $806 | $896 | $1,175 | $1,429 | $1,773 |
| FY2024 | $795 | $843 | $1,108 | $1,369 | $1,683 |
| FY2023 | $772 | $777 | $1,023 | $1,292 | $1,506 |
| FY2022 | $667 | $672 | $884 | $1,097 | $1,302 |
FY2026 Income Limits
Area Median Income: $98,700
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,250 | $22,000 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $32,100 | $36,650 | $41,250 | $45,800 | $49,500 | $53,150 |
| 80% AMI | $51,350 | $58,650 | $66,000 | $73,300 | $79,200 | $85,050 |