Rental Benchmark Overview
2-Bedroom Benchmark Rent
$1,026$12,312 per year · HUD Fiscal Year 2026Fair market rent & 30% rule in Mason County, MI
Official HUD Fair Market Rents evaluated against local household income benchmarks.
Fair Market Rent Schedule & Wage Requirements: Mason 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 | $726 | $8,712 | $29,040 | $13.96/hr |
| 1-Bedroom Apartment | $816 | $9,792 | $32,640 | $15.69/hr |
| 2-Bedroom ApartmentStandard Benchmark | $1,026 | $12,312 | $41,040 | $19.73/hr |
| 3-Bedroom Home | $1,366 | $16,392 | $54,640 | $26.27/hr |
| 4-Bedroom Home | $1,374 | $16,488 | $54,960 | $26.42/hr |
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Frequently Asked Questions About Rent in Mason County, MI
What is the Fair Market Rent for a 2-bedroom in Mason County, MI?
For Fiscal Year 2026, the official HUD Fair Market Rent for a 2-bedroom home in Mason County, MI is $1,026 per month ($12,312 per year).
What hourly wage is needed to afford rent in Mason County, MI?
To comfortably afford a 2-bedroom apartment at $1,026/month without exceeding 30% of income on rent, a full-time worker (40 hours/week, 52 weeks/year) must earn at least $19.73 per hour ($41,040/year).
What are the HUD Fair Market Rents by bedroom count in Mason County, MI?
Official 2026 HUD rents in Mason County, MI are: Studio: $726/mo, 1-Bedroom: $816/mo, 2-Bedroom: $1,026/mo, 3-Bedroom: $1,366/mo, and 4-Bedroom: $1,374/mo.
How do HUD Fair Market Rents compare to local incomes in Mason County, MI?
At the local Census ACS median household income of $64,748/year ($5,396/month), the benchmark 2-bedroom Fair Market Rent represents 19% of monthly income.
How is the 30% housing affordability standard calculated in Mason County, MI?
The federal 30% rule states that housing costs should not exceed 30% of gross household income. For a 2-bedroom rent of $1,026/month, the required minimum annual gross income is calculated as ($1,026 × 12) ÷ 0.30 = $41,040 per year.