Michigan · HUD FY2026 Fair Market Rents · Updated

Rent in Oakland County, MI

HUD puts rent for a two-bedroom in Oakland County, MI at $1,411 a month for 2026, and a one-bedroom at $1,122. Keeping the two-bedroom under 30% of income takes $27.13 an hour full time, or $56,440 a year. The typical household there would spend 17.3% of its income on it. HUD's 2027 figure, which takes effect October 1, 2026, is $1,459 (up 3.4%).

Rent in Oakland County, MI at a glance

2-bedroom rent (HUD)

$1,411$16,932 a year · HUD fiscal year 2026From October 1, 2026: $1,459 (+3.4%)
Studio$1,009$19/hr needed
1 bedroom$1,122$22/hr needed
Wage a 2-bedroom takes$27.13an hour, 40 hours a week
3 bedrooms$1,724$33/hr needed

How much rent can you afford in Oakland County, MI?

HUD’s fair market rent for each size, against what a typical household here earns. Change the income to see yours.

Affordable (< 30% of income)
HUD Fair Market Rent$1,411Monthly market rent
Share of gross income17.3%Recommended max: 30%
Annual income needed$56,440To meet the 30% standard
Max affordable rent$2,444At 30% of $97,760
0%30% (Affordability standard)100%
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Rent in Oakland County, 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.

HUD Fair Market Rent in Oakland County, MI, fiscal 2026, and the income each needs
SizeA monthA yearIncome neededHourly wage needed
Studio$1,009$12,108$40,360$19.40/hr
1 bedroom$1,122$13,464$44,880$21.58/hr
2 bedroomsMost searched$1,411$16,932$56,440$27.13/hr
3 bedrooms$1,724$20,688$68,960$33.15/hr
4 bedrooms$1,868$22,416$74,720$35.92/hr

Cost of living in Oakland County, MI: income, prices and a budget →

Rent in Oakland County, MI: common questions

How much is rent going up in Oakland County, MI in 2027?

HUD's Fair Market Rent for fiscal 2027, which takes effect October 1, 2026, is $1,459 for a two-bedroom, up 3.4% from $1,411. A one-bedroom goes from $1,122 to $1,167, a studio from $1,009 to $1,047.

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 Oakland County, MI?

HUD's Fair Market Rent for 2026 is $1,122 for a one-bedroom and $1,411 for a two-bedroom, utilities included. That is $16,932 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 Oakland County, MI?

To keep a $1,411 two-bedroom at 30% of gross pay, one full-time worker needs $27.13 an hour, or $56,440 a year. A one-bedroom at $1,122 takes $21.58 an hour.

How much is a 1, 2 or 3-bedroom apartment in Oakland County, MI?

At HUD's 2026 Fair Market Rent: studio $1,009, one bedroom $1,122, two $1,411, three $1,724 and four $1,868 a month.

Is rent affordable in Oakland County, MI?

For the typical household, earning $97,760 a year ($8,147 a month, Census ACS), a two-bedroom at $1,411 takes 17.3% 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: ($1,411 × 12) ÷ 0.30 = $56,440. Divided by 2,080 working hours, that is $27.13 an hour.