FMR is below market; voucher rent may lag private rents.
0.66
1 BR
1 BR- 49319
0.78ratio
FMR$1,200
Market$1,540
vs market-$340
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR- 49319
0.86ratio
FMR$1,430
Market$1,660
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 49319
0.88ratio
FMR$1,850
Market$2,100
vs market-$250
FMR is below market; voucher rent may lag private rents.
0.88
4 BR
4 BR- 49319
0.95ratio
FMR$2,120
Market$2,230
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.95
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
--
Cedar Springs, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Cedar Springs, MI is $1,430 a month. That is up 2.9% from $1,390 in FY 2026. Cedar Springs is in the Grand Rapids-Wyoming, MI HUD Metro FMR Area. 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 $1,630. The median county two-bedroom FMR in Michigan is $1,085, so Cedar Springs is 32% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Cedar Springs, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,120
$1,150
+2.7%
$1,035–$1,265
1BR
$1,160
$1,200
+3.4%
$1,080–$1,320
2BR
$1,390
$1,430
+2.9%
$1,287–$1,573
3BR
$1,800
$1,850
+2.8%
$1,665–$2,035
4BR
$1,990
$2,120
+6.5%
$1,908–$2,332
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Cedar Springs, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,150
$1,200
$1,430
$1,850
$2,120
FY 2026
$1,120
$1,160
$1,390
$1,800
$1,990
FY 2025
$1,070
$1,110
$1,330
$1,730
$1,900
FY 2024
$1,010
$1,060
$1,270
$1,660
$1,820
FY 2023
$940
$1,000
$1,200
$1,560
$1,740
Questions about Cedar Springs, MI rents
How much will Section 8 pay for a two-bedroom in Cedar Springs, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,630, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,467 to $1,793 a month; under the ZIP-level Small Area FMR of $1,430 it would be $1,287 to $1,573. 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 Cedar Springs, MI in?
Cedar Springs, MI is in the Grand Rapids-Wyoming, MI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,630.
How much did fair market rent change in Cedar Springs, MI for FY 2027?
The two-bedroom FMR rose 2.9%, from $1,390 in FY 2026 to $1,430 in FY 2027. Since FY 2023 it has risen 19.2%.
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