Niles, MI MSA · FY2026 area median income $92,200 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $323 | $484 | $646 | $807 | $969 | $1,130 | $1,292 |
| 1BR | $346 | $519 | $692 | $865 | $1,038 | $1,211 | $1,384 |
| 2BR | $415 | $622 | $830 | $1,037 | $1,245 | $1,452 | $1,660 |
| 3BR | $479 | $719 | $959 | $1,198 | $1,438 | $1,678 | $1,918 |
| 4BR | $535 | $802 | $1,070 | $1,337 | $1,605 | $1,872 | $2,140 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $19,380 | $32,300 | $38,760 | $51,680 |
| 2 persons | $22,140 | $36,900 | $44,280 | $59,040 |
| 3 persons | $24,900 | $41,500 | $49,800 | $66,400 |
| 4 persons | $27,660 | $46,100 | $55,320 | $73,760 |
| 5 persons | $29,880 | $49,800 | $59,760 | $79,680 |
| 6 persons | $32,100 | $53,500 | $64,200 | $85,600 |
| 7 persons | $34,320 | $57,200 | $68,640 | $91,520 |
| 8 persons | $36,540 | $60,900 | $73,080 | $97,440 |
Rents are capped at 30% of the income limit for an imputed household of 1.5 persons per bedroom, so a two-bedroom unit uses the three-person limit. Under the average income test, units can be designated from 20% to 80% AMI as long as the weighted average stays at or below 60%.
Run a deal in Berrien County to see the sources and uses, bond test, DSCR, and funding gap using these rents.