Houghton County, MI · FY2026 area median income $89,400 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $313 | $469 | $626 | $782 | $939 | $1,095 | $1,252 |
| 1BR | $335 | $503 | $671 | $838 | $1,006 | $1,174 | $1,342 |
| 2BR | $402 | $603 | $805 | $1,006 | $1,207 | $1,408 | $1,610 |
| 3BR | $465 | $697 | $930 | $1,162 | $1,395 | $1,627 | $1,860 |
| 4BR | $519 | $778 | $1,038 | $1,297 | $1,557 | $1,816 | $2,076 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $18,780 | $31,300 | $37,560 | $50,080 |
| 2 persons | $21,480 | $35,800 | $42,960 | $57,280 |
| 3 persons | $24,150 | $40,250 | $48,300 | $64,400 |
| 4 persons | $26,820 | $44,700 | $53,640 | $71,520 |
| 5 persons | $28,980 | $48,300 | $57,960 | $77,280 |
| 6 persons | $31,140 | $51,900 | $62,280 | $83,040 |
| 7 persons | $33,270 | $55,450 | $66,540 | $88,720 |
| 8 persons | $35,430 | $59,050 | $70,860 | $94,480 |
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 Houghton County to see the sources and uses, bond test, DSCR, and funding gap using these rents.