Midland, MI MSA · FY2026 area median income $107,200 · effective May 1, 2026
Check whether a deal here pencils →| Unit | 20% | 30% | 40% | 50% | 60% | 70% | 80% |
|---|---|---|---|---|---|---|---|
| Studio | $375 | $563 | $751 | $938 | $1,126 | $1,314 | $1,502 |
| 1BR | $402 | $603 | $804 | $1,005 | $1,206 | $1,407 | $1,609 |
| 2BR | $482 | $723 | $965 | $1,206 | $1,447 | $1,688 | $1,930 |
| 3BR | $557 | $836 | $1,115 | $1,393 | $1,672 | $1,951 | $2,230 |
| 4BR | $622 | $933 | $1,244 | $1,555 | $1,866 | $2,177 | $2,488 |
Gross rent includes utilities. Subtract the utility allowance for the rent you can charge.
| Household | 30% | 50% | 60% | 80% |
|---|---|---|---|---|
| 1 person | $22,530 | $37,550 | $45,060 | $60,080 |
| 2 persons | $25,740 | $42,900 | $51,480 | $68,640 |
| 3 persons | $28,950 | $48,250 | $57,900 | $77,200 |
| 4 persons | $32,160 | $53,600 | $64,320 | $85,760 |
| 5 persons | $34,740 | $57,900 | $69,480 | $92,640 |
| 6 persons | $37,320 | $62,200 | $74,640 | $99,520 |
| 7 persons | $39,900 | $66,500 | $79,800 | $106,400 |
| 8 persons | $42,480 | $70,800 | $84,960 | $113,280 |
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 Midland County to see the sources and uses, bond test, DSCR, and funding gap using these rents.