FY2026 Fair Market Rents — Menominee County
Studio
$697
1BR
$771
2BR
$973
3BR
$1,353
4BR
$1,380
Menominee County, Michigan
FIPS 26109 · County-level FMR and income limit data
FMR Area: Menominee County, MI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $697 | $8,364 |
| 1-Bedroom | $771 | $9,252 |
| 2-Bedroom | $973 | $11,676 |
| 3-Bedroom | $1,353 | $16,236 |
| 4-Bedroom | $1,380 | $16,560 |
To afford the FY2026 2-bedroom FMR of $973/mo under the 30%-of-income rule, a household needs about
$38,920/yr ($3,243/mo). Area Median Income is $83,100.
At MI's state minimum wage of $12.48/hr, a worker would need to work 60 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $697 | $771 | $973 | $1,353 | $1,380 |
| FY2025 | $673 | $749 | $933 | $1,307 | $1,328 |
| FY2024 | $652 | $728 | $905 | $1,275 | $1,357 |
| FY2023 | $624 | $688 | $826 | $1,163 | $1,267 |
| FY2022 | $566 | $644 | $757 | $1,040 | $1,158 |
| FY2021 | $552 | $634 | $734 | $1,017 | $1,078 |
| FY2020 | $495 | $619 | $713 | $974 | $978 |
FY2026 Income Limits
Area Median Income: $83,100
| 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 |