Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,002$12,024 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Hillsdale County, MI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Hillsdale County, MI
Calculations assume standard housing affordability guidelines where shelter costs consume no more than 30% of gross income, based on full-time employment of 2,080 annual working hours.
| Bedroom Type | Monthly Rent | Annual Rent | Min. Annual Income | Hourly Wage (40h/wk) |
|---|---|---|---|---|
| Studio / Efficiency | $691 | $8,292 | $27,640 | $13.29/hr |
| 1-Bedroom Apartment | $764 | $9,168 | $30,560 | $14.69/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,002 | $12,024 | $40,080 | $19.27/hr |
| 3-Bedroom Home | $1,252 | $15,024 | $50,080 | $24.08/hr |
| 4-Bedroom Home | $1,327 | $15,924 | $53,080 | $25.52/hr |
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Frequently Asked Questions About Rent in Hillsdale County, MI
What is the Fair Market Rent for a 2-bedroom in Hillsdale County, MI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Hillsdale County, MI is $1,002 per month ($12,024 per year).
What hourly wage is needed to afford rent in Hillsdale County, MI?
To comfortably afford a 2-bedroom apartment at $1,002/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.27 per hour ($40,080/year).
What are the HUD Fair Market Rents by bedroom count in Hillsdale County, MI?
Official 2026 HUD rents in Hillsdale County, MI are: Studio: $691/mo, 1-Bedroom: $764/mo, 2-Bedroom: $1,002/mo, 3-Bedroom: $1,252/mo, and 4-Bedroom: $1,327/mo.
How do HUD Fair Market Rents compare to local incomes in Hillsdale County, MI?
At the local Census ACS median household income of $64,242/year ($5,354/month), the benchmark 2-bedroom Fair Market Rent represents 18.7% of monthly income.
How is the 30% housing affordability standard calculated in Hillsdale County, MI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,002/month, the required minimum annual gross income is calculated as ($1,002 × 12) ÷ 0.30 = $40,080 per year.