HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Alger County, Michigan (FY 2026)
$1,072 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Alger County, and it's the baseline every voucher in Alger is measured against.
2 bedroom FMR
$1,072
FY 2026, utilities included
Payment standard range
$965 to $1,179
90% to 110% of FMR
Income to afford 2BR
$42,880
per year, at 30% of income
Rank in Michigan
34th of 83
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Alger moves to $1,064. That's down 1%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Alger actually rent for?
Search any address in Alger for a rent estimate built from nearby comps, with the HUD figure right next to it.
FY 2026 Fair Market Rents
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2025 |
|---|---|---|---|---|---|
| Studio | $759 | $683 to $835 | $30,360 | $14.60/hr | +7.4% |
| 1 bedroom | $817 | $735 to $899 | $32,680 | $15.71/hr | +6.1% |
| 2 bedroom | $1,072 | $965 to $1,179 | $42,880 | $20.62/hr | +6.1% |
| 3 bedroom | $1,285 | $1,157 to $1,414 | $51,400 | $24.71/hr | +5.6% |
| 4 bedroom | $1,419 | $1,277 to $1,561 | $56,760 | $27.29/hr | +6.0% |
5 to 8 bedrooms (PropMetrics estimates)
HUD stops at four bedrooms. These add 15% of the four-bedroom rent per extra bedroom. It's our estimate, not a HUD number.
| Bedrooms | Estimated FMR | Payment standard |
|---|---|---|
| 5 bedroom Estimate | $1,632 | $1,469 to $1,795 |
| 6 bedroom Estimate | $1,845 | $1,661 to $2,030 |
| 7 bedroom Estimate | $2,058 | $1,852 to $2,264 |
| 8 bedroom Estimate | $2,270 | $2,043 to $2,497 |
Source: HUD Office of Policy Development and Research, FY 2026 Fair Market Rents. Rents include utilities. huduser.gov
Fair Market Rent is HUD's estimate of what a modest, decent unit rents for in an area, utilities included. It's set once a year and runs October to September. For FY 2026 that's October 1, 2025 through September 30, 2026. In Alger, that runs from $759 for a studio up to $1,419 for four bedrooms, all five rates in the table above.
Because Alger sits outside any HUD metro area, its rate is a county-wide figure built from local rents. One number covers every address in the county, Au Train included.
Among Michigan's 83 counties, Alger ranks 34th for two-bedroom FMR. That's about 4% above the state median of $1,033 and about 5% above the national median county at $1,018. About 8,866 people live here, 77th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $1,000 in 49816 (Chatham) and $1,130 in 49862 (Munising), with the 10 ZIP codes in between. Housing authorities in HUD-designated metros use those ZIP rates instead of the county rate. Everywhere else the ZIP numbers show where rents actually sit, and the county rate stays the official standard.
What a voucher pays here
The voucher doesn't pay the FMR itself. It pays the payment standard. Housing authorities set it anywhere from 90% to 110% of FMR, which puts a two-bedroom standard in Alger somewhere between $965 and $1,179. The tenant pays roughly 30% of their income, the voucher covers the rest up to the standard, and the PHA won't approve a rent above what comparable unassisted units get.
$1,072 a month is affordable, by HUD's 30% rule, on an income of roughly $42,880 a year. Put another way, $21 an hour full time.
Worked example for a two-bedroom, assuming the rent equals the payment standard. Tenant pays 30% of monthly income, HUD's housing assistance payment covers the rest.
| Monthly household income | Tenant pays (30%) | HAP at 90% ($965) | HAP at 100% ($1,072) | HAP at 110% ($1,179) |
|---|---|---|---|---|
| $2,500 | $750 | $215 | $322 | $429 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 6% from FY 2025 ($1,010) to FY 2026 ($1,072). Since FY 2020 it's up 50% in total, about 7.0% a year. The Michigan median moved up 7% over the same year.
| Year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $495 | $541 | $713 | $889 | $1,121 | — |
| FY 2021 | $503 | $591 | $734 | $913 | $1,040 | +2.9% |
| FY 2022 | $524 | $637 | $757 | $936 | $1,072 | +3.1% |
| FY 2023 | $583 | $687 | $843 | $1,026 | $1,198 | +11.4% |
| FY 2024 | $693 | $768 | $991 | $1,198 | $1,405 | +17.6% |
| FY 2025 | $707 | $770 | $1,010 | $1,217 | $1,339 | +1.9% |
| FY 2026 | $759 | $817 | $1,072 | $1,285 | $1,419 | +6.1% |
| FY 2027 | $759 | $813 | $1,064 | $1,268 | $1,496 | -0.7% |
Nearby counties
Questions people ask
$1,072 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $759 for a studio, $817 for one bedroom, $1,285 for three and $1,419 for four.
Tools for this county
Fair Market Rent lookup
Look up any ZIP code's Small Area FMR by bedroom count.
Section 8 rent calculator
Work out the payment standard and tenant share for a specific rent.
What is Fair Market Rent?
How HUD calculates FMR and what it means for landlords.
Rent affordability calculator
See what income a household needs for a given rent.
What does a rental in Alger actually go for?
HUD's number is one input. Search any address in Alger for a rent estimate built from nearby comps. 3 free searches, no card.
Free tier. No credit card.