Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,162$13,944 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Kalamazoo, MI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Kalamazoo, 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 | $838 | $10,056 | $33,520 | $16.12/hr |
| 1-Bedroom Apartment | $998 | $11,976 | $39,920 | $19.19/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,162 | $13,944 | $46,480 | $22.35/hr |
| 3-Bedroom Home | $1,531 | $18,372 | $61,240 | $29.44/hr |
| 4-Bedroom Home | $1,571 | $18,852 | $62,840 | $30.21/hr |
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Frequently Asked Questions About Rent in Kalamazoo, MI
What is the Fair Market Rent for a 2-bedroom in Kalamazoo, MI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Kalamazoo, MI is $1,162 per month ($13,944 per year).
What hourly wage is needed to afford rent in Kalamazoo, MI?
To comfortably afford a 2-bedroom apartment at $1,162/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $22.35 per hour ($46,480/year).
What are the HUD Fair Market Rents by bedroom count in Kalamazoo, MI?
Official 2026 HUD rents in Kalamazoo, MI are: Studio: $838/mo, 1-Bedroom: $998/mo, 2-Bedroom: $1,162/mo, 3-Bedroom: $1,531/mo, and 4-Bedroom: $1,571/mo.
How do HUD Fair Market Rents compare to local incomes in Kalamazoo, MI?
At the local Census ACS median household income of $52,272/year ($4,356/month), the benchmark 2-bedroom Fair Market Rent represents 26.7% of monthly income.
How is the 30% housing affordability standard calculated in Kalamazoo, MI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,162/month, the required minimum annual gross income is calculated as ($1,162 × 12) ÷ 0.30 = $46,480 per year.