FMR is near market; voucher and private rents are aligned.
1.00
3 BR
3 BR- 48131
1.04ratio
FMR$1,790
Market$1,720
vs market+$70
FMR is near market; voucher and private rents are aligned.
1.04
4 BR
4 BR- 48131
1.36ratio
FMR$2,410
Market$1,770
vs market+$640
FMR is above market; underwrite to market rent.
1.36
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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Dundee, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Dundee, MI is $1,460 a month. That is down 1.4% from $1,480 in FY 2026. Dundee is in the Monroe, 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 $1,304. The median county two-bedroom FMR in Michigan is $1,085, so Dundee is 35% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Dundee, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,020
$1,020
0.0%
$918–$1,122
1BR
$1,130
$1,120
−0.9%
$1,008–$1,232
2BR
$1,480
$1,460
−1.4%
$1,314–$1,606
3BR
$1,790
$1,790
0.0%
$1,611–$1,969
4BR
$2,400
$2,410
+0.4%
$2,169–$2,651
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Dundee, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,020
$1,120
$1,460
$1,790
$2,410
FY 2026
$1,020
$1,130
$1,480
$1,790
$2,400
FY 2025
$970
$1,080
$1,420
$1,760
$2,260
FY 2024
$870
$970
$1,280
$1,600
$2,070
FY 2023
$760
$870
$1,140
$1,450
$1,860
Questions about Dundee, MI rents
How much will Section 8 pay for a two-bedroom in Dundee, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,304, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,174 to $1,434 a month; under the ZIP-level Small Area FMR of $1,460 it would be $1,314 to $1,606. 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 Dundee, MI in?
Dundee, MI is in the Monroe, MI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,304.
How much did fair market rent change in Dundee, MI for FY 2027?
The two-bedroom FMR fell 1.4%, from $1,480 in FY 2026 to $1,460 in FY 2027. Since FY 2023 it has risen 28.1%.
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