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MI/Wayne County/Detroit

Detroit, MI

CitySAFMR
Wayne County
Found 33 ZIPs
Zillow

City Median Investment Score

162High yield potential

095130300
BRFMR
Eff. Rent
0 BR$770 – $1,560$850 – $1,260
1 BR$860 – $1,740$900 – $1,770
2 BR$1,070 – $2,170$1,020 – $2,390
3 BR$1,300 – $2,640$1,220 – $2,660
4 BR$1,410 – $2,870$1,480 – $3,160
5 BR$2,047Not available
6 BR$2,354Not available
7 BR$2,707Not available
8 BR$3,113Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
7
0.69-1.24
1 BR
6
0.56-1.13
2 BR
4
4
0.49-1.30
3 BR
6
0.60-1.36
4 BR
6
0.54-1.25
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
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Detroit, MI fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 33 ZIP codes in Detroit, MI ranges from $1,070 to $2,170 a month, with a median of $1,350. That is up 8.0% from $1,250 in FY 2026. Detroit is in the Detroit-Warren-Livonia, MI HUD Metro FMR Area, where HUD requires housing authorities to set voucher payment standards by ZIP code using Small Area FMRs. The median county two-bedroom FMR in Michigan is $1,085, so Detroit is 24% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Detroit, MI
BedroomsFY 2027Change90–110% range
Studio$970+9.0%$873–$1,067
1BR$1,080+9.1%$972–$1,188
2BR$1,350+8.0%$1,215–$1,485
3BR$1,640+7.2%$1,476–$1,804
4BR$1,780+7.2%$1,602–$1,958

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Detroit, MI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$970$1,080$1,350$1,640$1,780
FY 2026$890$990$1,250$1,530$1,660
FY 2025$880$970$1,230$1,510$1,630
FY 2024$830$920$1,160$1,430$1,540
FY 2023$760$860$1,090$1,360$1,460

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
48226$2,170+60.7%
48233$1,720+27.4%
48224$1,460+8.1%
48219$1,430+5.9%
48221$1,430+5.9%
48217$1,410+4.4%
48231$1,390+3.0%
48232$1,390+3.0%
48242$1,390+3.0%
48243$1,390+3.0%
48244$1,390+3.0%
48207$1,380+2.2%
48235$1,370+1.5%
48205$1,360+0.7%
48202$1,3500.0%
48227$1,3500.0%
48201$1,340−0.7%
48204$1,270−5.9%
48228$1,270−5.9%
48223$1,260−6.7%
48215$1,230−8.9%
48216$1,230−8.9%
48211$1,220−9.6%
48238$1,220−9.6%

Showing the 24 highest of 31 ZIP codes.

Questions about Detroit, MI rents

How much will Section 8 pay for a two-bedroom in Detroit, MI?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,350, that basic range is $1,215 to $1,485 a month. 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 Detroit, MI in?

Detroit, MI is in the Detroit-Warren-Livonia, MI HUD Metro FMR Area. HUD requires Small Area FMRs in this area, so payment standards are set by ZIP code.

How much did fair market rent change in Detroit, MI for FY 2027?

The two-bedroom FMR rose 8.0%, from $1,250 in FY 2026 to $1,350 in FY 2027. Since FY 2023 it has risen 23.9%.

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

County fair market rentMI statewide rentsWhat is SAFMR?Data sources