FY2026 Fair Market Rents — Van Buren County
Studio
$701
1BR
$774
2BR
$1,016
3BR
$1,338
4BR
$1,396
Van Buren County, Michigan
FIPS 26159 · County-level FMR and income limit data
FMR Area: Kalamazoo-Portage, MI MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $701 | $8,412 |
| 1-Bedroom | $774 | $9,288 |
| 2-Bedroom | $1,016 | $12,192 |
| 3-Bedroom | $1,338 | $16,056 |
| 4-Bedroom | $1,396 | $16,752 |
To afford the FY2026 2-bedroom FMR of $1,016/mo under the 30%-of-income rule, a household needs about
$40,640/yr ($3,387/mo). Area Median Income is $94,400.
At MI's state minimum wage of $12.48/hr, a worker would need to work 63 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $701 | $774 | $1,016 | $1,338 | $1,396 |
| FY2025 | $662 | $736 | $965 | $1,256 | $1,279 |
| FY2024 | $653 | $734 | $964 | $1,255 | $1,284 |
| FY2023 | $590 | $653 | $855 | $1,099 | $1,149 |
| FY2022 | $561 | $635 | $793 | $1,053 | $1,134 |
| FY2021 | $617 | $705 | $881 | $1,169 | $1,259 |
| FY2020 | $579 | $678 | $839 | $1,137 | $1,214 |
FY2026 Income Limits
Area Median Income: $94,400
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $19,850 | $22,650 | $27,320 | $33,000 | $38,680 | $44,360 |
| 50% AMI | $33,050 | $37,800 | $42,500 | $47,200 | $51,000 | $54,800 |
| 80% AMI | $52,850 | $60,400 | $67,950 | $75,500 | $81,550 | $87,600 |