FMR is below market; voucher rent may lag private rents.
0.67
1 BR
1 BR- 49106
0.76ratio
FMR$1,050
Market$1,390
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.76
2 BR
2 BR- 49106
0.88ratio
FMR$1,360
Market$1,550
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 49106
1.08ratio
FMR$1,790
Market$1,660
vs market+$130
FMR is near market; voucher and private rents are aligned.
1.08
4 BR
4 BR- 49106
0.98ratio
FMR$1,790
Market$1,820
vs market-$30
FMR is near market; voucher and private rents are aligned.
0.98
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
--
Bridgman, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Bridgman, MI is $1,360 a month. That is down 1.4% from $1,380 in FY 2026. Bridgman is in the Niles, 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 $1,152. The median county two-bedroom FMR in Michigan is $1,085, so Bridgman is 25% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Bridgman, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$950
$950
0.0%
$855–$1,045
1BR
$1,050
$1,050
0.0%
$945–$1,155
2BR
$1,380
$1,360
−1.4%
$1,224–$1,496
3BR
$1,810
$1,790
−1.1%
$1,611–$1,969
4BR
$1,830
$1,790
−2.2%
$1,611–$1,969
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Bridgman, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$950
$1,050
$1,360
$1,790
$1,790
FY 2026
$950
$1,050
$1,380
$1,810
$1,830
FY 2025
$890
$990
$1,300
$1,680
$1,720
FY 2024
$780
$880
$1,150
$1,470
$1,540
FY 2023
$740
$750
$980
$1,260
$1,400
Questions about Bridgman, MI rents
How much will Section 8 pay for a two-bedroom in Bridgman, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,152, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,037 to $1,267 a month; under the ZIP-level Small Area FMR of $1,360 it would be $1,224 to $1,496. 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 Bridgman, MI in?
Bridgman, MI is in the Niles, MI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,152.
How much did fair market rent change in Bridgman, MI for FY 2027?
The two-bedroom FMR fell 1.4%, from $1,380 in FY 2026 to $1,360 in FY 2027. Since FY 2023 it has risen 38.8%.
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