FY2026 Fair Market Rents — Washtenaw County
Studio
$1,365
1BR
$1,387
2BR
$1,656
3BR
$1,986
4BR
$2,193
Washtenaw County, Michigan
FIPS 26161 · County-level FMR and income limit data
FMR Area: Ann Arbor, MI MSA
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $1,365 | $16,380 |
| 1-Bedroom | $1,387 | $16,644 |
| 2-Bedroom | $1,656 | $19,872 |
| 3-Bedroom | $1,986 | $23,832 |
| 4-Bedroom | $2,193 | $26,316 |
To afford the FY2026 2-bedroom FMR of $1,656/mo under the 30%-of-income rule, a household needs about
$66,240/yr ($5,520/mo). Area Median Income is $142,300.
At MI's state minimum wage of $12.48/hr, a worker would need to work 103 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $1,365 | $1,387 | $1,656 | $1,986 | $2,193 |
| FY2025 | $1,327 | $1,346 | $1,607 | $1,936 | $2,131 |
| FY2024 | $1,222 | $1,234 | $1,471 | $1,779 | $2,001 |
| FY2023 | $1,148 | $1,153 | $1,384 | $1,684 | $1,926 |
| FY2022 | $1,047 | $1,048 | $1,262 | $1,560 | $1,816 |
| FY2021 | $1,029 | $1,043 | $1,264 | $1,593 | $1,892 |
| FY2020 | $900 | $921 | $1,124 | $1,445 | $1,767 |
FY2026 Income Limits
Area Median Income: $142,300
| Income Level | 1p | 2p | 3p | 4p | 5p | 6p |
|---|---|---|---|---|---|---|
| 30% AMI | $29,050 | $33,200 | $37,350 | $41,500 | $44,850 | $48,150 |
| 50% AMI | $48,450 | $55,400 | $62,300 | $69,200 | $74,750 | $80,300 |
| 80% AMI | $74,800 | $85,450 | $96,150 | $106,800 | $115,350 | $123,900 |