FY2026 Fair Market Rents — Leelanau County
Studio
$1,106
1BR
$1,366
2BR
$1,497
3BR
$1,795
4BR
$1,982
Leelanau County, Michigan
FIPS 26089 · County-level FMR and income limit data
FMR Area: Leelanau County, MI HUD Metro FMR Area
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,106 | $13,272 |
| 1-Bedroom | $1,366 | $16,392 |
| 2-Bedroom | $1,497 | $17,964 |
| 3-Bedroom | $1,795 | $21,540 |
| 4-Bedroom | $1,982 | $23,784 |
To afford the FY2026 2-bedroom FMR of $1,497/mo under the 30%-of-income rule, a household needs about
$59,880/yr ($4,990/mo). Area Median Income is $122,100.
At MI's state minimum wage of $12.48/hr, a worker would need to work 93 hours/week to afford that rent.
FY2026 Income Limits
Area Median Income: $122,100
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $25,700 | $29,350 | $33,000 | $36,650 | $39,600 | $44,360 |
| 50% AMI | $42,750 | $48,850 | $54,950 | $61,050 | $65,950 | $70,850 |
| 80% AMI | $68,400 | $78,200 | $87,950 | $97,700 | $105,550 | $113,350 |