FMR is below market; voucher rent may lag private rents.
0.54
1 BR
1 BR- 49038
0.70ratio
FMR$860
Market$1,220
vs market-$360
FMR is below market; voucher rent may lag private rents.
0.70
2 BR
2 BR- 49038
0.81ratio
FMR$1,120
Market$1,380
vs market-$260
FMR is below market; voucher rent may lag private rents.
0.81
3 BR
3 BR- 49038
0.73ratio
FMR$1,470
Market$2,000
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.73
4 BR
4 BR- 49038
0.67ratio
FMR$1,470
Market$2,180
vs market-$710
FMR is below market; voucher rent may lag private rents.
0.67
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
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Coloma, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Coloma, MI is $1,120 a month. That is down 1.8% from $1,140 in FY 2026. Coloma 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 Coloma is 3% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Coloma, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$790
$780
−1.3%
$702–$858
1BR
$870
$860
−1.1%
$774–$946
2BR
$1,140
$1,120
−1.8%
$1,008–$1,232
3BR
$1,500
$1,470
−2.0%
$1,323–$1,617
4BR
$1,520
$1,470
−3.3%
$1,323–$1,617
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Coloma, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$780
$860
$1,120
$1,470
$1,470
FY 2026
$790
$870
$1,140
$1,500
$1,520
FY 2025
$780
$860
$1,130
$1,460
$1,500
FY 2024
$720
$810
$1,060
$1,360
$1,420
FY 2023
$740
$750
$980
$1,260
$1,400
Questions about Coloma, MI rents
How much will Section 8 pay for a two-bedroom in Coloma, 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 $1,120 it would be $1,008 to $1,232. 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 Coloma, MI in?
Coloma, 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 Coloma, MI for FY 2027?
The two-bedroom FMR fell 1.8%, from $1,140 in FY 2026 to $1,120 in FY 2027. Since FY 2023 it has risen 14.3%.
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