HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Gratiot County, Michigan (FY 2026)
$973 a month. That's HUD's FY 2026 Fair Market Rent for a two-bedroom in Gratiot County, and it's the baseline every voucher in Gratiot is measured against.
2 bedroom FMR
$973
FY 2026, utilities included
Payment standard range
$876 to $1,070
90% to 110% of FMR
Income to afford 2BR
$38,920
per year, at 30% of income
Rank in Michigan
67th of 83
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Gratiot moves to $1,018. That's up 5%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Gratiot actually rent for?
Search any address in Gratiot 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 | $689 | $620 to $758 | $27,560 | $13.25/hr | +5.4% |
| 1 bedroom | $742 | $668 to $816 | $29,680 | $14.27/hr | +0.7% |
| 2 bedroom | $973 | $876 to $1,070 | $38,920 | $18.71/hr | +4.3% |
| 3 bedroom | $1,304 | $1,174 to $1,434 | $52,160 | $25.08/hr | +6.3% |
| 4 bedroom | $1,455 | $1,310 to $1,601 | $58,200 | $27.98/hr | -4.6% |
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 | $1,673 | $1,506 to $1,840 |
| 6 bedroom Estimate | $1,892 | $1,703 to $2,081 |
| 7 bedroom Estimate | $2,110 | $1,899 to $2,321 |
| 8 bedroom Estimate | $2,328 | $2,095 to $2,561 |
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 Gratiot, that runs from $689 for a studio up to $1,455 for four bedrooms, all five rates in the table above.
Because Gratiot 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, Breckenridge included.
Among Michigan's 83 counties, Gratiot ranks 67th for two-bedroom FMR. That's about 6% below the state median of $1,033 and about 4% below the national median county at $1,018. About 41,534 people live here, 39th in the state.
Rates by ZIP code
Zoom in and the picture changes. HUD's Small Area FMRs put a two-bedroom at $970 in 48801 (Alma) and $1,150 in 48871 (Perrinton), with the 15 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.
| ZIP | City | 2BR rate | vs county |
|---|---|---|---|
| 48615 | Breckenridge | $1,030 | +5.9% |
| 48662 | Wheeler | $1,030 | +5.9% |
| 48801 | Alma | $970 | -0.3% |
| 48806 | Ashley | $1,140 | +17.2% |
| 48807 | Bannister | $1,020 | +4.8% |
| 48830 | Elm Hall | $970 | -0.3% |
| 48832 | Elwell | $980 | +0.7% |
| 48847 | Ithaca | $970 | -0.3% |
| 48856 | Middleton | $970 | -0.3% |
| 48862 | North Star | $970 | -0.3% |
| 48871 | Perrinton | $1,150 | +18.2% |
| 48874 | Pompeii | $1,140 | +17.2% |
| 48877 | Riverdale | $980 | +0.7% |
| 48880 | Saint Louis | $1,030 | +5.9% |
| 48889 | Sumner | $1,080 | +11.0% |
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 Gratiot somewhere between $876 and $1,070. 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.
$973 a month is affordable, by HUD's 30% rule, on an income of roughly $38,920 a year. Put another way, $19 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% ($876) | HAP at 100% ($973) | HAP at 110% ($1,070) |
|---|---|---|---|---|
| $2,500 | $750 | $126 | $223 | $320 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2025 ($933) to FY 2026 ($973). Since FY 2020 it's up 36% in total, about 5.3% 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 | $465 | $541 | $713 | $889 | $966 | — |
| FY 2021 | $484 | $557 | $734 | $943 | $1,094 | +2.9% |
| FY 2022 | $503 | $575 | $757 | $986 | $1,240 | +3.1% |
| FY 2023 | $552 | $660 | $826 | $1,073 | $1,407 | +9.1% |
| FY 2024 | $613 | $743 | $905 | $1,171 | $1,528 | +9.6% |
| FY 2025 | $654 | $737 | $933 | $1,227 | $1,525 | +3.1% |
| FY 2026 | $689 | $742 | $973 | $1,304 | $1,455 | +4.3% |
| FY 2027 | $726 | $778 | $1,018 | $1,344 | $1,454 | +4.6% |
Nearby counties
Clinton County
$1,26823 mi · pop 79,249
Isabella County
$1,01323 mi · pop 64,938
Montcalm County
$1,20326 mi · pop 66,901
Ionia County
$1,20930 mi · pop 66,663
Midland County
$1,19330 mi · pop 83,503
Saginaw County
$1,11731 mi · pop 189,821
Shiawassee County
$1,06636 mi · pop 68,124
Gladwin County
$97339 mi · pop 25,461
Questions people ask
$973 a month for FY 2026, which runs October 1, 2025 through September 30, 2026. The other rates are $689 for a studio, $742 for one bedroom, $1,304 for three and $1,455 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 Gratiot actually go for?
HUD's number is one input. Search any address in Gratiot for a rent estimate built from nearby comps. 3 free searches, no card.
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