FY2026 Fair Market Rents — Saginaw County
Studio
$770
1BR
$851
2BR
$1,117
3BR
$1,440
4BR
$1,479
Saginaw County, Michigan
FIPS 26145 · County-level FMR and income limit data
FMR Area: Saginaw, MI MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $770 | $9,240 |
| 1-Bedroom | $851 | $10,212 |
| 2-Bedroom | $1,117 | $13,404 |
| 3-Bedroom | $1,440 | $17,280 |
| 4-Bedroom | $1,479 | $17,748 |
To afford the FY2026 2-bedroom FMR of $1,117/mo under the 30%-of-income rule, a household needs about
$44,680/yr ($3,723/mo). Area Median Income is $83,200.
At MI's state minimum wage of $12.48/hr, a worker would need to work 69 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $770 | $851 | $1,117 | $1,440 | $1,479 |
| FY2025 | $712 | $791 | $1,038 | $1,344 | $1,376 |
| FY2024 | $681 | $764 | $1,004 | $1,295 | $1,337 |
| FY2023 | $623 | $707 | $931 | $1,186 | $1,251 |
| FY2022 | $553 | $633 | $833 | $1,041 | $1,130 |
| FY2021 | $546 | $632 | $827 | $1,030 | $1,139 |
| FY2020 | $504 | $603 | $773 | $980 | $1,090 |
FY2026 Income Limits
Area Median Income: $83,200
| 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 |