Alger County
FY 2026 HUD Fair Market Rents in Michigan. Population: 8,866.
Fair Market Rents (2026)
Studio
National avg: $893
$759/mo
↑ 7.4% YoY
-15% vs US
1 Bedroom
National avg: $959
$817/mo
↑ 6.1% YoY
-15% vs US
2 Bedroom
National avg: $1,175
$1,072/mo
↑ 6.1% YoY
-9% vs US
3 Bedroom
National avg: $1,525
$1,285/mo
↑ 5.6% YoY
-16% vs US
4 Bedroom
National avg: $1,756
$1,419/mo
↑ 6.0% YoY
-19% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $707 | $759 | +$52 (+7.4%) |
| 1 Bedroom | $770 | $817 | +$47 (+6.1%) |
| 2 Bedroom | $1,010 | $1,072 | +$62 (+6.1%) |
| 3 Bedroom | $1,217 | $1,285 | +$68 (+5.6%) |
| 4 Bedroom | $1,339 | $1,419 | +$80 (+6.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$32,680
$2,723/month gross
Required annual income for 2 BR
$42,880
$3,573/month gross
Other Counties in Michigan
Presque Isle County
1 BR: $742/mo
Delta County
1 BR: $742/mo
Clare County
1 BR: $751/mo
Kent County
1 BR: $1,278/mo
Houghton County
1 BR: $800/mo
Marquette County
1 BR: $973/mo
Data source: U.S. Department of Housing and Urban Development, FY 2026 Fair Market Rents. Fair Market Rents represent the 40th percentile of gross rents for standard quality units in each area.