Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,137$13,644 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Marquette County, MI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Marquette 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 | $784 | $9,408 | $31,360 | $15.08/hr |
| 1-Bedroom Apartment | $973 | $11,676 | $38,920 | $18.71/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,137 | $13,644 | $45,480 | $21.87/hr |
| 3-Bedroom Home | $1,363 | $16,356 | $54,520 | $26.21/hr |
| 4-Bedroom Home | $1,665 | $19,980 | $66,600 | $32.02/hr |
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Frequently Asked Questions About Rent in Marquette County, MI
What is the Fair Market Rent for a 2-bedroom in Marquette County, MI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Marquette County, MI is $1,137 per month ($13,644 per year).
What hourly wage is needed to afford rent in Marquette County, MI?
To comfortably afford a 2-bedroom apartment at $1,137/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $21.87 per hour ($45,480/year).
What are the HUD Fair Market Rents by bedroom count in Marquette County, MI?
Official 2026 HUD rents in Marquette County, MI are: Studio: $784/mo, 1-Bedroom: $973/mo, 2-Bedroom: $1,137/mo, 3-Bedroom: $1,363/mo, and 4-Bedroom: $1,665/mo.
How do HUD Fair Market Rents compare to local incomes in Marquette County, MI?
At the local Census ACS median household income of $65,429/year ($5,452/month), the benchmark 2-bedroom Fair Market Rent represents 20.9% of monthly income.
How is the 30% housing affordability standard calculated in Marquette County, MI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,137/month, the required minimum annual gross income is calculated as ($1,137 × 12) ÷ 0.30 = $45,480 per year.