FY2026 Fair Market Rents — Otsego County
Studio
$852
1BR
$858
2BR
$1,100
3BR
$1,445
4BR
$1,560
Otsego County, Michigan
FIPS 26137 · County-level FMR and income limit data
FMR Area: Otsego County, MI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $852 | $10,224 |
| 1-Bedroom | $858 | $10,296 |
| 2-Bedroom | $1,100 | $13,200 |
| 3-Bedroom | $1,445 | $17,340 |
| 4-Bedroom | $1,560 | $18,720 |
To afford the FY2026 2-bedroom FMR of $1,100/mo under the 30%-of-income rule, a household needs about
$44,000/yr ($3,667/mo). Area Median Income is $90,600.
At MI's state minimum wage of $12.48/hr, a worker would need to work 68 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $852 | $858 | $1,100 | $1,445 | $1,560 |
| FY2025 | $769 | $774 | $995 | $1,334 | $1,539 |
| FY2024 | $702 | $764 | $1,004 | $1,347 | $1,546 |
| FY2023 | $636 | $699 | $920 | $1,219 | $1,394 |
| FY2022 | $609 | $669 | $880 | $1,128 | $1,291 |
| FY2021 | $593 | $656 | $865 | $1,122 | $1,218 |
| FY2020 | $543 | $597 | $781 | $1,050 | $1,111 |
FY2026 Income Limits
Area Median Income: $90,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,050 | $21,800 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $31,750 | $36,250 | $40,800 | $45,300 | $48,950 | $52,550 |
| 80% AMI | $50,750 | $58,000 | $65,250 | $72,500 | $78,300 | $84,100 |