FMR is below market; voucher rent may lag private rents.
0.75
1 BR
1 BR- 48611
0.77ratio
FMR$830
Market$1,080
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.77
2 BR
2 BR- 48611
0.95ratio
FMR$1,050
Market$1,100
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.95
3 BR
3 BR- 48611
1.15ratio
FMR$1,420
Market$1,230
vs market+$190
FMR is above market; underwrite to market rent.
1.15
4 BR
4 BR- 48611
1.17ratio
FMR$1,530
Market$1,310
vs market+$220
FMR is above market; underwrite to market rent.
1.17
0.700.800.901.001.101.201.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--
Auburn, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Auburn, MI is $1,050 a month. That is up 2.9% from $1,020 in FY 2026. Auburn is in the Bay City, MI MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,055. The median county two-bedroom FMR in Michigan is $1,085, so Auburn is 3% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Auburn, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$800
$830
+3.8%
$747–$913
1BR
$810
$830
+2.5%
$747–$913
2BR
$1,020
$1,050
+2.9%
$945–$1,155
3BR
$1,390
$1,420
+2.2%
$1,278–$1,562
4BR
$1,500
$1,530
+2.0%
$1,377–$1,683
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Auburn, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$830
$830
$1,050
$1,420
$1,530
FY 2026
$800
$810
$1,020
$1,390
$1,500
FY 2025
$750
$760
$960
$1,280
$1,380
FY 2024
$730
$740
$940
$1,250
$1,370
FY 2023
$650
$710
$910
$1,190
$1,320
Questions about Auburn, MI rents
How much will Section 8 pay for a two-bedroom in Auburn, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,055, which applies unless the housing authority uses Small Area FMRs, that basic range is $950 to $1,161 a month; under the ZIP-level Small Area FMR of $1,050 it would be $945 to $1,155. The voucher pays the lower of the payment standard or the gross rent, minus the tenant's share, which is usually about 30% of adjusted monthly income. Confirm the local housing authority's current schedule before underwriting.
Which HUD fair market rent area is Auburn, MI in?
Auburn, MI is in the Bay City, MI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,055.
How much did fair market rent change in Auburn, MI for FY 2027?
The two-bedroom FMR rose 2.9%, from $1,020 in FY 2026 to $1,050 in FY 2027. Since FY 2023 it has risen 15.4%.
When do FY 2027 fair market rents take effect?
HUD's FY 2027 fair market rents took effect on October 1, 2026. When FMRs change, housing authorities generally have up to three months to bring payment standards back within 90% to 110% of the new FMR.
Source: HUD FY 2027 Small Area Fair Market Rents and area FMRs. Payment-standard ranges are 90% to 110% of FMR, HUD's basic range, not a housing authority's published schedule. How payment standards are set