HUD Fair Market Rent · FY 2026 · effective Oct 1, 2025 to Sep 30, 2026
Fair Market Rent in Missaukee County, Michigan (FY 2026)
A two-bedroom in Missaukee County carries a FY 2026 Fair Market Rent of $973 a month, effective October 1, 2025 through September 30, 2026. Everything Section 8 pays in Missaukee keys off that figure.
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
74th of 83
by 2BR FMR
HUD has already published FY 2027. On October 1, 2026 the two-bedroom rate in Missaukee moves to $1,014. That's up 4%. The full FY 2027 table is in the history section below.
HUD's number is one input. What does a two-bedroom in Missaukee actually rent for?
Search any address in Missaukee 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 | $787 | $708 to $866 | $31,480 | $15.13/hr | +10.7% |
| 2 bedroom | $973 | $876 to $1,070 | $38,920 | $18.71/hr | +4.3% |
| 3 bedroom | $1,194 | $1,075 to $1,313 | $47,760 | $22.96/hr | +4.6% |
| 4 bedroom | $1,288 | $1,159 to $1,417 | $51,520 | $24.77/hr | +4.1% |
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 | $1,481 | $1,333 to $1,629 |
| 6 bedroom Estimate | $1,674 | $1,507 to $1,841 |
| 7 bedroom Estimate | $1,868 | $1,681 to $2,055 |
| 8 bedroom Estimate | $2,061 | $1,855 to $2,267 |
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 Missaukee, that runs from $689 for a studio up to $1,288 for four bedrooms, all five rates in the table above.
Because Missaukee 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, Falmouth included.
Among Michigan's 83 counties, Missaukee ranks 74th 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 15,089 people live here, 67th 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 49632 (Falmouth) and $990 in 49651 (Lake City), with the 4 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 Missaukee 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 30% in total, about 4.5% 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 | $519 | $567 | $747 | $931 | $1,012 | — |
| FY 2021 | $569 | $630 | $830 | $1,032 | $1,126 | +11.1% |
| FY 2022 | $571 | $628 | $826 | $1,021 | $1,120 | -0.5% |
| FY 2023 | $604 | $663 | $873 | $1,062 | $1,173 | +5.7% |
| FY 2024 | $656 | $715 | $939 | $1,143 | $1,251 | +7.6% |
| FY 2025 | $654 | $711 | $933 | $1,141 | $1,237 | -0.6% |
| FY 2026 | $689 | $787 | $973 | $1,194 | $1,288 | +4.3% |
| FY 2027 | $723 | $863 | $1,014 | $1,273 | $1,333 | +4.2% |
Nearby counties
Roscommon County
$97321 mi · pop 23,556
Osceola County
$98327 mi · pop 23,022
Wexford County
$1,08427 mi · pop 33,766
Clare County
$98629 mi · pop 30,998
Kalkaska County
$97331 mi · pop 17,934
Crawford County
$1,03836 mi · pop 13,197
Grand Traverse County
$1,35738 mi · pop 95,315
Lake County
$99444 mi · pop 12,285
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, $787 for one bedroom, $1,194 for three and $1,288 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 Missaukee actually go for?
HUD's number is one input. Search any address in Missaukee for a rent estimate built from nearby comps. 3 free searches, no card.
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