FY2026 Fair Market Rents — Wexford County
Studio
$821
1BR
$826
2BR
$1,084
3BR
$1,368
4BR
$1,585
Wexford County, Michigan
FIPS 26165 · County-level FMR and income limit data
FMR Area: Wexford County, MI
FY2026 Fair Market Rents
| Bedroom Size | Monthly FMR | Annual Equivalent |
|---|---|---|
| Efficiency (Studio) | $821 | $9,852 |
| 1-Bedroom | $826 | $9,912 |
| 2-Bedroom | $1,084 | $13,008 |
| 3-Bedroom | $1,368 | $16,416 |
| 4-Bedroom | $1,585 | $19,020 |
To afford the FY2026 2-bedroom FMR of $1,084/mo under the 30%-of-income rule, a household needs about
$43,360/yr ($3,613/mo). Area Median Income is $82,200.
At MI's state minimum wage of $12.48/hr, a worker would need to work 67 hours/week to afford that rent.
Recent FMR Trend
| Fiscal Year | Studio | 1BR | 2BR | 3BR | 4BR |
|---|---|---|---|---|---|
| FY2026 | $821 | $826 | $1,084 | $1,368 | $1,585 |
| FY2025 | $739 | $744 | $976 | $1,272 | $1,406 |
| FY2024 | $678 | $738 | $970 | $1,265 | $1,467 |
| FY2023 | $589 | $663 | $852 | $1,101 | $1,290 |
| FY2022 | $547 | $608 | $791 | $1,007 | $1,173 |
| FY2021 | $528 | $584 | $770 | $962 | $1,078 |
| FY2020 | $509 | $556 | $732 | $912 | $992 |
FY2026 Income Limits
Area Median Income: $82,200
| 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 |