FY2026 Fair Market Rents — Kent County
Studio
$1,232
1BR
$1,278
2BR
$1,531
3BR
$1,980
4BR
$2,189
Kent County, Michigan
FIPS 26081 · County-level FMR and income limit data
FMR Area: Grand Rapids-Wyoming, MI HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,232 | $14,784 |
| 1-Bedroom | $1,278 | $15,336 |
| 2-Bedroom | $1,531 | $18,372 |
| 3-Bedroom | $1,980 | $23,760 |
| 4-Bedroom | $2,189 | $26,268 |
To afford the FY2026 2-bedroom FMR of $1,531/mo under the 30%-of-income rule, a household needs about
$61,240/yr ($5,103/mo). Area Median Income is $106,600.
At MI's state minimum wage of $12.48/hr, a worker would need to work 95 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,232 | $1,278 | $1,531 | $1,980 | $2,189 |
| FY2025 | $1,163 | $1,209 | $1,443 | $1,880 | $2,057 |
| FY2024 | $1,093 | $1,142 | $1,369 | $1,785 | $1,963 |
| FY2023 | $954 | $1,005 | $1,211 | $1,576 | $1,761 |
| FY2022 | $798 | $859 | $1,041 | $1,356 | $1,538 |
| FY2021 | $739 | $817 | $994 | $1,309 | $1,501 |
| FY2020 | $686 | $789 | $962 | $1,296 | $1,481 |
FY2026 Income Limits
Area Median Income: $106,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $22,400 | $25,600 | $28,800 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $37,350 | $42,650 | $48,000 | $53,300 | $57,600 | $61,850 |
| 80% AMI | $59,750 | $68,250 | $76,800 | $85,300 | $92,150 | $98,950 |