FY2026 Fair Market Rents — Newaygo County
Studio
$691
1BR
$744
2BR
$976
3BR
$1,294
4BR
$1,298
Newaygo County, Michigan
FIPS 26123 · County-level FMR and income limit data
FMR Area: Newaygo County, MI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $691 | $8,292 |
| 1-Bedroom | $744 | $8,928 |
| 2-Bedroom | $976 | $11,712 |
| 3-Bedroom | $1,294 | $15,528 |
| 4-Bedroom | $1,298 | $15,576 |
To afford the FY2026 2-bedroom FMR of $976/mo under the 30%-of-income rule, a household needs about
$39,040/yr ($3,253/mo). Area Median Income is $79,300.
At MI's state minimum wage of $12.48/hr, a worker would need to work 61 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $691 | $744 | $976 | $1,294 | $1,298 |
| FY2025 | $652 | $725 | $951 | $1,272 | $1,333 |
| FY2024 | $630 | $708 | $930 | $1,211 | $1,295 |
| FY2023 | $578 | $656 | $864 | $1,087 | $1,195 |
| FY2022 | $538 | $615 | $809 | $1,015 | $1,097 |
| FY2021 | $528 | $607 | $800 | $1,016 | $1,085 |
| FY2020 | $495 | $541 | $713 | $917 | $966 |
FY2026 Income Limits
Area Median Income: $79,300
| 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 |