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MI/Oakland County/Farmington

Farmington, MI

CitySAFMR
Oakland County
Found 6 ZIPs
Zillow

City Median Investment Score

93Below average

095130300
BRFMR
Eff. Rent
0 BR$1,030 – $1,560$960 – $1,380
1 BR$1,140 – $1,740$1,160 – $1,430
2 BR$1,430 – $2,180$1,500 – $2,010
3 BR$1,740 – $2,650$1,910 – $2,420
4 BR$1,890 – $2,880$2,080 – $3,150
5 BR$2,685Not available
6 BR$3,088Not available
7 BR$3,551Not available
8 BR$4,084Not available

Public Housing Authority

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Rolodex

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Market Alignment

Studio
2
2
0.82-1.22
1 BR
2
2
0.81-1.27
2 BR
3
0.93-1.09
3 BR
2
2
0.77-1.16
4 BR
2
2
0.65-0.88
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
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Tax rate
--
Mortgage rate
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Farmington, MI fair market rent, FY 2027

For FY 2027, HUD's two-bedroom Small Area Fair Market Rent across the 6 ZIP codes in Farmington, MI ranges from $1,430 to $2,180 a month, with a median of $1,770. That is up 3.2% from $1,715 in FY 2026. Farmington 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 Farmington is 63% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Farmington, MI
BedroomsFY 2027Change90–110% range
Studio$1,270+3.7%$1,143–$1,397
1BR$1,415+3.7%$1,274–$1,557
2BR$1,770+3.2%$1,593–$1,947
3BR$2,155+2.9%$1,940–$2,371
4BR$2,335+2.9%$2,102–$2,569

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Farmington, MI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,270$1,415$1,770$2,155$2,335
FY 2026$1,225$1,365$1,715$2,095$2,270
FY 2025$1,200$1,320$1,670$2,045$2,215
FY 2024$1,120$1,240$1,570$1,940$2,090
FY 2023$1,045$1,185$1,505$1,875$2,020

Two-bedroom rent by ZIP code

FY 2027 two-bedroom Small Area FMR by ZIP code
ZIP code2 bedroomvs. median
48331$2,180+23.2%
48335$1,980+11.9%
48334$1,910+7.9%
48332$1,630−7.9%
48333$1,630−7.9%
48336$1,430−19.2%

Questions about Farmington, MI rents

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

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,770, that basic range is $1,593 to $1,947 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 Farmington, MI in?

Farmington, 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 Farmington, MI for FY 2027?

The two-bedroom FMR rose 3.2%, from $1,715 in FY 2026 to $1,770 in FY 2027. Since FY 2023 it has risen 17.6%.

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

County fair market rentMI statewide rentsWhat is SAFMR?Data sources