Fair Market Rent · Michigan
Fair Market Rent in Leelanau County, MI
FY2027 HUD figures, effective October 1, 2026, plus what renters pay by ZIP code.
HUD's FY2027 Fair Market Rent for a 2-bedroom home in Leelanau County is $1,500 a month, +0.2% from FY2026. Leelanau County is part of the Leelanau County, MI HUD Metro FMR Area (a metro area). HUD also publishes Small Area FMRs by ZIP code here; those can be higher or lower than the area-wide figure. See each ZIP code below.
Area-wide Fair Market Rents
| Size | FY2027 | FY2026 | Change | Typical voucher range (90–110%) |
|---|---|---|---|---|
| Studio | $1,308 | $1,106 | +18.3% | $1,177–1,439 |
| 1 bedroom | $1,316 | $1,366 | -3.7% | $1,184–1,448 |
| 2 bedrooms | $1,500 | $1,497 | +0.2% | $1,350–1,650 |
| 3 bedrooms | $1,787 | $1,795 | -0.4% | $1,608–1,966 |
| 4 bedrooms | $1,971 | $1,982 | -0.6% | $1,774–2,168 |
The voucher range is the typical band housing authorities use for payment standards; your housing authority sets the actual standard.
Rents by ZIP code in Leelanau County
Open a ZIP code for every size, the spread of rents and nearby ZIP codes.
| ZIP | Place | 2-bedroom FMR (ZIP) | Census median, 2 bedrooms | Census median, all sizes |
|---|---|---|---|---|
| 49621 | Cedar | $1,370 | $1,153 | $1,012 |
| 49630 | Empire | $1,400 | – | $1,083 |
| 49636 | Glen Arbor | $1,520 | – | – |
| 49653 | Lake Leelanau | $1,350 | $1,144 | $1,065 |
| 49654 | Leland | $1,380 | – | – |
| 49664 | Maple City | $1,680 | $1,154 | $1,417 |
| 49670 | Northport | $1,550 | – | $1,058 |
| 49674 | Omena | $1,500 | – | – |
| 49682 | Suttons Bay | $1,490 | $1,125 | $1,170 |
| 49684 | Traverse City | $1,450 | $1,303 | $1,306 |
Sources: HUD Fair Market Rents and Small Area Fair Market Rents, FY2027 (effective October 1, 2026) and FY2026; U.S. Census Bureau, 2020–2024 American Community Survey 5-year estimates (median gross rent by ZIP code). Fair Market Rents and Census figures include utilities. Not affiliated with HUD or the Census Bureau. About the data.