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Rent in Grand Traverse County, MI HUD Metro FMR Area

The Fair Market Rent (FMR) for a two-bedroom home in Grand Traverse County, MI HUD Metro FMR Area is $1,357/month for HUD fiscal year 2026 — HUD's estimate of the 40th-percentile gross rent for standard-quality rentals in this market.

Quick answer: A two-bedroom in Grand Traverse County, MI HUD Metro FMR Area has an FMR of $1,357/month (FY2026). That is 39% above the national median of $974. Grand Traverse County, MI HUD Metro FMR Area ranks #381 of 2,622 HUD FMR areas by two-bedroom rent (1 = most expensive).

Fair Market Rent by bedroom size, Grand Traverse County, MI HUD Metro FMR Area

Unit sizeFair Market Rent / month
Studio / efficiency$1,136
1 bedroom$1,143
2 bedrooms$1,357
3 bedrooms$1,747
4 bedrooms$1,797

Nearby on the rent ranking

Frequently asked questions

How much is rent in Grand Traverse County, MI HUD Metro FMR Area?
The Fair Market Rent (FMR) for a two-bedroom unit in Grand Traverse County, MI HUD Metro FMR Area is $1,357 per month for HUD fiscal year 2026. A one-bedroom is $1,143 and a three-bedroom is $1,747 per month.
What is the studio and one-bedroom Fair Market Rent in Grand Traverse County, MI HUD Metro FMR Area?
For FY2026, HUD's efficiency/studio FMR in Grand Traverse County, MI HUD Metro FMR Area is $1,136 per month and the one-bedroom FMR is $1,143 per month.
How is the Fair Market Rent for Grand Traverse County, MI HUD Metro FMR Area calculated?
HUD's Fair Market Rent is an estimate of the 40th-percentile gross rent — rent plus tenant-paid utilities, excluding telephone, cable, satellite and internet — for standard-quality rental units in the local housing market. Figures are set per HUD FMR area and apply to every county within that area.
What are Fair Market Rents used for in Grand Traverse County, MI HUD Metro FMR Area?
FMRs set the payment standards for the Housing Choice Voucher (Section 8) program and other HUD rental-assistance programs in Grand Traverse County, MI HUD Metro FMR Area. They cap the subsidy a voucher can pay toward rent and are also widely used as a benchmark for typical local rents.
How does rent in Grand Traverse County, MI HUD Metro FMR Area compare nationally?
Grand Traverse County, MI HUD Metro FMR Area ranks #381 of 2,622 HUD FMR areas by two-bedroom FMR (1 = most expensive). The national median two-bedroom FMR is $974 per month.

Source: U.S. Department of Housing and Urban Development (HUD USER), FY2026 Fair Market Rents. Public domain (17 U.S.C. § 105). Figures effective 1 October 2025. Last updated 2025-10-01.