PlainRent

Leelanau County

FY 2026 HUD Fair Market Rents in Michigan. Population: 22,426.

Fair Market Rents (2026)

Studio
National avg: $893
$1,106/mo
↑ 18.9% YoY +24% vs US
1 Bedroom
National avg: $959
$1,366/mo
↑ 15.5% YoY +42% vs US
2 Bedroom
National avg: $1,175
$1,497/mo
↑ 12.7% YoY +27% vs US
3 Bedroom
National avg: $1,525
$1,795/mo
↑ 12.2% YoY +18% vs US
4 Bedroom
National avg: $1,756
$1,982/mo
↑ 12.5% YoY +13% vs US

Year-over-Year Comparison

Bedrooms FY 2025 FY 2026 Change
Studio $930 $1,106 +$176 (+18.9%)
1 Bedroom $1,183 $1,366 +$183 (+15.5%)
2 Bedroom $1,328 $1,497 +$169 (+12.7%)
3 Bedroom $1,600 $1,795 +$195 (+12.2%)
4 Bedroom $1,761 $1,982 +$221 (+12.5%)

Affordability Snapshot

Based on the standard that rent should not exceed 30% of gross income:

Required annual income for 1 BR
$54,640
$4,553/month gross
Required annual income for 2 BR
$59,880
$4,990/month gross

Other Counties in Michigan

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Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.