Fair Market Rents: Iosco County, MI (FY2026)
HUD's FY2026 Fair Market Rents for Iosco County set the ceiling for what Housing Choice Vouchers pay locally. FMR equals the estimated 40th-percentile gross rent — shelter plus utilities — for modest, non-luxury units.
| Unit size | FY2026 FMR | MI median* |
|---|---|---|
| Studio (0-BR) | $819/mo | $756 (+8%) |
| 1 Bedroom | $824/mo | $841 (-2%) |
| 2 Bedrooms | $973/mo | $1,033 (-6%) |
| 3 Bedrooms | $1,348/mo | $1,353 (0%) |
| 4+ Bedrooms | $1,632/mo | $1,571 (+4%) |
*Median across all FMR-publishing counties in MI. Source: HUD FY2026 FMR schedule.
Using FMR as a voucher holder in Iosco County
- Your housing authority sets payment standards per bedroom, typically 90–110% of these figures. How payment standards work →
- You may rent above the standard by paying the difference, subject to a 40%-of-income cap at lease-up.
- In high-cost pockets, ask about exception standards or Small Area FMRs by ZIP code.
Subsidized housing in Iosco County
We track 8 assisted properties countywide:
| City | Properties | Assisted units |
|---|---|---|
| East Tawas | 4 | 157 |
| Oscoda | 6 | 244 |