According to the coalition, the Fair Market Rent (FMR) in Michigan is $1,272 for a two-bedroom apartment, meaning a resident would need to earn around $50,000 a year to afford it. For a one- bedroom, the monthly cost drops to $1,022 – but that still requires a solid income to manage, making $19.65 per hour.

The reality check.

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At that rate, a full-time worker would need to clock over 63 hours a week just to afford a one-bedroom rental at fair market rent – or 78 hours a week for a two-bedroom rental.

According to the report, Michigan ranks 33rd in the nation for highest housing wage – meaning 32 states have it worse when it comes to affordability but that doesn’t mean it’s easy to afford housing in the Great Lakes State.

Location, location, location.

The state has over 1 million renter households and the priciest places to rent include Ann Arbor, Grand Rapids-Wyoming, Livingston County, Detroit-Warren-Livonia, and the Holland-Grand Haven area.

Ann Arbor tops the list of pain with a required housing wage of $30.90 per hour, followed closely by Grand Rapids at $27.75 and Detroit at $26.50. In Grand Traverse County, home of Traverse City, the hourly wage needed is $24.08 just to rent a two-bedroom, no lake view included. That’s not easy to do in a city whose unofficial motto is “A view of the bay is worth half the pay.”

So, while Michigan boasts sand dunes, craft beer, and charming towns like Traverse City, the price tag for simply having a roof over your head is rising fast – especially if you’re not raking in at least $50K a year. With rents outpacing wages and affordable units in short supply, the dream of living in Pure Michigan is becoming just that – a dream – for far too many.