FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 48817
0.96ratio
FMR$880
Market$920
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.96
2 BR
2 BR- 48817
1.03ratio
FMR$1,150
Market$1,120
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.03
3 BR
3 BR- 48817
1.29ratio
FMR$1,540
Market$1,190
vs market+$350
FMR is above market; underwrite to market rent.
1.29
4 BR
4 BR- 48817
1.39ratio
FMR$1,740
Market$1,250
vs market+$490
FMR is above market; underwrite to market rent.
1.39
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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Corunna, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Corunna, MI is $1,150 a month. That is down 1.7% from $1,170 in FY 2026. Corunna is in the Shiawassee County, MI non-metropolitan 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 county-wide two-bedroom FMR of $1,085. The median county two-bedroom FMR in Michigan is $1,085, so Corunna is 6% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Corunna, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$850
−1.2%
$765–$935
1BR
$890
$880
−1.1%
$792–$968
2BR
$1,170
$1,150
−1.7%
$1,035–$1,265
3BR
$1,570
$1,540
−1.9%
$1,386–$1,694
4BR
$1,720
$1,740
+1.2%
$1,566–$1,914
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Corunna, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$850
$880
$1,150
$1,540
$1,740
FY 2026
$860
$890
$1,170
$1,570
$1,720
FY 2025
$800
$810
$1,060
$1,420
$1,540
FY 2024
$780
$780
$1,030
$1,390
$1,450
FY 2023
$730
$740
$970
$1,310
$1,370
Questions about Corunna, MI rents
How much will Section 8 pay for a two-bedroom in Corunna, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the county-wide two-bedroom FMR of $1,085, which applies unless the housing authority uses Small Area FMRs, that basic range is $977 to $1,194 a month; under the ZIP-level Small Area FMR of $1,150 it would be $1,035 to $1,265. 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 Corunna, MI in?
Corunna, MI is in the Shiawassee County, MI non-metropolitan FMR area. Small Area FMRs are optional here; the county-wide two-bedroom FMR is $1,085.
How much did fair market rent change in Corunna, MI for FY 2027?
The two-bedroom FMR fell 1.7%, from $1,170 in FY 2026 to $1,150 in FY 2027. Since FY 2023 it has risen 18.6%.
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