FY2026 Fair Market Rents — Shiawassee County
Studio
$787
1BR
$812
2BR
$1,066
3BR
$1,428
4BR
$1,571
Shiawassee County, Michigan
FIPS 26155 · County-level FMR and income limit data
FMR Area: Shiawassee County, MI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $787 | $9,444 |
| 1-Bedroom | $812 | $9,744 |
| 2-Bedroom | $1,066 | $12,792 |
| 3-Bedroom | $1,428 | $17,136 |
| 4-Bedroom | $1,571 | $18,852 |
To afford the FY2026 2-bedroom FMR of $1,066/mo under the 30%-of-income rule, a household needs about
$42,640/yr ($3,553/mo). Area Median Income is $87,600.
At MI's state minimum wage of $12.48/hr, a worker would need to work 66 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $787 | $812 | $1,066 | $1,428 | $1,571 |
| FY2025 | $714 | $719 | $943 | $1,264 | $1,373 |
| FY2024 | $684 | $689 | $905 | $1,221 | $1,278 |
| FY2023 | $648 | $652 | $858 | $1,162 | $1,212 |
| FY2022 | $581 | $585 | $770 | $1,026 | $1,105 |
| FY2021 | $574 | $578 | $762 | $1,025 | $1,104 |
| FY2020 | $538 | $541 | $713 | $970 | $1,027 |
FY2026 Income Limits
Area Median Income: $87,600
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $18,450 | $21,640 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $30,700 | $35,050 | $39,450 | $43,800 | $47,350 | $50,850 |
| 80% AMI | $49,100 | $56,100 | $63,100 | $70,100 | $75,750 | $81,350 |