Rent in Bay City, MI at a glance
2-bedroom rent (HUD)
$1,030$12,360 a year · HUD fiscal year 2026From October 1, 2026: $1,055 (+2.4%)How much rent can you afford in Bay City, MI?
HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.
Rent in Bay City, MI by bedroom, and the pay it takes
Income needed keeps rent at 30% of gross pay; the hourly figure assumes one full-time job, 2,080 hours a year.
| Size | A month | A year | Income needed | Hourly wage needed |
|---|---|---|---|---|
| Studio | $809 | $9,708 | $32,360 | $15.56/hr |
| 1 bedroom | $814 | $9,768 | $32,560 | $15.65/hr |
| 2 bedroomsMost searched | $1,030 | $12,360 | $41,200 | $19.81/hr |
| 3 bedrooms | $1,399 | $16,788 | $55,960 | $26.90/hr |
| 4 bedrooms | $1,518 | $18,216 | $60,720 | $29.19/hr |
Cost of living in Bay City, MI: income, prices and a budget →
Living and working in Bay City, MI
Rent in Bay City, MI: common questions
How much is rent going up in Bay City, MI in 2027?
HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,055 for a two-bedroom, up 2.4% from $1,030. A one-bedroom goes from $814 to $835, a studio from $809 to $830.
These are HUD's estimates of what a typical recently rented unit costs, used for housing vouchers. A landlord's increase on your lease follows your lease and your state's rules, not this figure.
What is the average rent in Bay City, MI?
HUD's Fair Market Rent for 2026 is $814 for a one-bedroom and $1,030 for a two-bedroom, utilities included. That is $12,360 a year for the two-bedroom.
It is not an average of current listings. HUD sets it at the rent 40% of recent movers paid or less for a standard unit, so asking rents on newer places usually run higher.
How much do you need to make to afford rent in Bay City, MI?
To keep a $1,030 two-bedroom at 30% of gross pay, one full-time worker needs $19.81 an hour, or $41,200 a year. A one-bedroom at $814 takes $15.65 an hour.
How much is a 1, 2 or 3-bedroom apartment in Bay City, MI?
At HUD's 2026 Fair Market Rent: studio $809, one bedroom $814, two $1,030, three $1,399 and four $1,518 a month.
Is rent affordable in Bay City, MI?
For the typical household, earning $49,420 a year ($4,118 a month, Census ACS), a two-bedroom at $1,030 takes 25% of income. Under 30% is the usual line for affordable; this is under it.
How is the income needed for rent worked out?
Rent for a year divided by 0.30, the share of gross income HUD treats as affordable: ($1,030 × 12) ÷ 0.30 = $41,200. Divided by 2,080 working hours, that is $19.81 an hour.