Leelanau County, MI HUD Metro FMR Area · FY2026 area median income $122,100 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $427 | $641 | $855 | $1,068 | $1,282 | $1,496 | $1,710 |
| 1BR | $458 | $687 | $916 | $1,145 | $1,374 | $1,603 | $1,832 |
| 2BR | $549 | $824 | $1,099 | $1,373 | $1,648 | $1,923 | $2,198 |
| 3BR | $635 | $952 | $1,270 | $1,587 | $1,905 | $2,222 | $2,540 |
| 4BR | $708 | $1,062 | $1,417 | $1,771 | $2,125 | $2,479 | $2,834 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $25,650 | $42,750 | $51,300 | $68,400 |
| 2 persons | $29,310 | $48,850 | $58,620 | $78,160 |
| 3 persons | $32,970 | $54,950 | $65,940 | $87,920 |
| 4 persons | $36,630 | $61,050 | $73,260 | $97,680 |
| 5 persons | $39,570 | $65,950 | $79,140 | $105,520 |
| 6 persons | $42,510 | $70,850 | $85,020 | $113,360 |
| 7 persons | $45,450 | $75,750 | $90,900 | $121,200 |
| 8 persons | $48,360 | $80,600 | $96,720 | $128,960 |
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 Leelanau County to see the sources and uses, bond test, DSCR, and funding gap using these rents.