Bay City, MI MSA
FY 2026 HUD Fair Market Rents for the Bay City, MI MSA metro area. Population: 103,752.
Fair Market Rents (2026)
Studio
National avg: $893
$809/mo
↑ 5.9% YoY
-9% vs US
1 Bedroom
National avg: $959
$814/mo
↑ 5.9% YoY
-15% vs US
2 Bedroom
National avg: $1,175
$1,030/mo
↑ 5.5% YoY
-12% vs US
3 Bedroom
National avg: $1,525
$1,399/mo
↑ 7.2% YoY
-8% vs US
4 Bedroom
National avg: $1,756
$1,518/mo
↑ 8.0% YoY
-14% vs US
Year-over-Year Comparison
| Bedrooms | FY 2025 | FY 2026 | Change |
|---|---|---|---|
| Studio | $764 | $809 | +$45 (+5.9%) |
| 1 Bedroom | $769 | $814 | +$45 (+5.9%) |
| 2 Bedroom | $976 | $1,030 | +$54 (+5.5%) |
| 3 Bedroom | $1,305 | $1,399 | +$94 (+7.2%) |
| 4 Bedroom | $1,406 | $1,518 | +$112 (+8.0%) |
Affordability Snapshot
Based on the standard that rent should not exceed 30% of gross income:
Required annual income for 1 BR
$32,560
$2,713/month gross
Required annual income for 2 BR
$41,200
$3,433/month gross
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.