HUD Fair Market Rent · FY 2027 · Effective Oct 1, 2026 to Sep 30, 2027
Fair Market Rent in Keweenaw County, Michigan (FY 2027)
A two-bedroom in Keweenaw County carries a FY 2027 Fair Market Rent of $1,014 a month, effective October 1, 2026 through September 30, 2027. Everything Section 8 pays in Keweenaw keys off that figure.
Two-bedroom FMR
$1,014
+4.2% from FY 2026
Payment standard
$913–$1,115
90% to 110% of the FMR, two-bedroom
Income to afford
$40,560
a year, with rent at 30% of income
Rank in Michigan
71st of 83
by two-bedroom FMR, highest first
FY 2027 Fair Market Rents
Payment standard is the 90% to 110% band a housing authority can set. Income needed puts rent at 30% of gross income, and the hourly wage assumes a 40-hour week.
| Bedrooms | FMR | Payment standard | Income needed | Hourly wage | vs FY 2026 |
|---|---|---|---|---|---|
| Studio | $723 | $651–$795 | $28,920 | $13.90/hr | +4.9% |
| 1 bedroom | $775 | $698–$853 | $31,000 | $14.90/hr | -8.7% |
| 2 bedroom | $1,014 | $913–$1,115 | $40,560 | $19.50/hr | +4.2% |
| 3 bedroom | $1,283 | $1,155–$1,411 | $51,320 | $24.67/hr | +3.3% |
| 4 bedroom | $1,426 | $1,283–$1,569 | $57,040 | $27.42/hr | +3.3% |
Five to eight 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 | $1,640 | $1,476–$1,804 |
| 6 bedroom Estimate | $1,854 | $1,669–$2,039 |
| 7 bedroom Estimate | $2,068 | $1,861–$2,275 |
| 8 bedroom Estimate | $2,282 | $2,054–$2,510 |
Source: HUD Office of Policy Development and Research, FY 2027 Fair Market Rents. Rents include utilities. huduser.gov
Market check
HUD's number is one input. What does a two-bedroom in Keweenaw actually rent for?
Search any address in Keweenaw for a rent estimate built from nearby comps, with the HUD figure right next to it.
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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 Keweenaw somewhere between $913 and $1,115. 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.
$1,014 a month is affordable, by HUD's 30% rule, on an income of roughly $40,560 a year. Put another way, $20 an hour full time.
Worked example for a two-bedroom renting at the payment standard. The tenant pays 30% of monthly income and the voucher covers the rest.
| Monthly household income | Tenant pays (30%) | Voucher pays at 90%$913 | Voucher pays at 100%$1,014 | Voucher pays at 110%$1,115 |
|---|---|---|---|---|
| $2,500 | $750 | $163 | $264 | $365 |
| $4,000 | $1,200 | $0 | $0 | $0 |
Rate history
The two-bedroom rate went up 4% from FY 2026 ($973) to FY 2027 ($1,014). Since FY 2020 it's up 42% in total, about 5.2% a year. The Michigan median moved up 5% over the same year.
| Fiscal year | Studio | 1 BR | 2 BR | 3 BR | 4 BR | 2BR change |
|---|---|---|---|---|---|---|
| FY 2020 | $495 | $548 | $713 | $1,001 | $1,004 | — |
| FY 2021 | $503 | $566 | $734 | $1,036 | $1,040 | +2.9% |
| FY 2022 | $524 | $578 | $757 | $1,068 | $1,072 | +3.1% |
| FY 2023 | $571 | $653 | $826 | $1,169 | $1,174 | +9.1% |
| FY 2024 | $633 | $802 | $905 | $1,275 | $1,283 | +9.6% |
| FY 2025 | $654 | $805 | $933 | $1,307 | $1,328 | +3.1% |
| FY 2026 | $689 | $849 | $973 | $1,242 | $1,380 | +4.3% |
| FY 2027In effect | $723 | $775 | $1,014 | $1,283 | $1,426 | +4.2% |
About this rate
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 2027 that's October 1, 2026 through September 30, 2027. In Keweenaw, that runs from $723 for a studio up to $1,426 for four bedrooms, all five rates in the table above.
Because Keweenaw 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, Allouez included.
Among Michigan's 83 counties, Keweenaw ranks 71st for two-bedroom FMR. That's about 7% below the state median of $1,085 and about 5% below the national median county at $1,063. About 2,133 people live here, 83rd in the state.
Rates by ZIP code
HUD also publishes Small Area FMRs by ZIP code. For the 4 ZIP codes it covers in Keweenaw, the two-bedroom rate is $1,010 across the board, so there's no ZIP-level story here.
Nearby counties
Two-bedroom FMR, with how each compares to Keweenaw.
Houghton County
26 mi · 37,693 people
$1,033
+2%
Baraga County
46 mi · 8,191 people
$1,014
same rate
Ontonagon County
67 mi · 5,850 people
$1,014
same rate
Marquette County
69 mi · 67,112 people
$1,199
+18%
Iron County
88 mi · 11,667 people
$1,132
+12%
Alger County
96 mi · 8,762 people
$1,064
+5%
Gogebic County
99 mi · 14,319 people
$1,014
same rate
Dickinson County
100 mi · 25,954 people
$1,014
same rate
Questions people ask
$1,014 a month for FY 2027, which runs October 1, 2026 through September 30, 2027. The other rates are $723 for a studio, $775 for one bedroom, $1,283 for three and $1,426 for four.
Tools for this county
Fair Market Rent lookup
Any ZIP code's Small Area FMR by bedroom count
Section 8 rent calculator
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
The income a household needs for a given rent
What does a rental in Keweenaw actually go for?
HUD's number is one input. Search any address in Keweenaw for a rent estimate built from nearby comps. Free to start, no card.
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