FMR is below market; voucher rent may lag private rents.
0.89
1 BR
1 BR- 48437
0.98ratio
FMR$840
Market$860
vs market-$20
FMR is near market; voucher and private rents are aligned.
0.98
2 BR
2 BR- 48437
0.99ratio
FMR$1,010
Market$1,020
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
3 BR
3 BR- 48437
1.21ratio
FMR$1,250
Market$1,030
vs market+$220
FMR is above market; underwrite to market rent.
1.21
4 BR
4 BR- 48437
1.33ratio
FMR$1,450
Market$1,090
vs market+$360
FMR is above market; underwrite to market rent.
1.33
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
--
Genesee, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Genesee, MI is $1,010 a month. That is up 4.1% from $970 in FY 2026. Genesee is in the Flint, 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 $1,133. The median county two-bedroom FMR in Michigan is $1,085, so Genesee is 7% below it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Genesee, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$690
$710
+2.9%
$639–$781
1BR
$810
$840
+3.7%
$756–$924
2BR
$970
$1,010
+4.1%
$909–$1,111
3BR
$1,200
$1,250
+4.2%
$1,125–$1,375
4BR
$1,410
$1,450
+2.8%
$1,305–$1,595
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Genesee, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$710
$840
$1,010
$1,250
$1,450
FY 2026
$690
$810
$970
$1,200
$1,410
FY 2025
$670
$770
$960
$1,190
$1,320
FY 2024
$630
$730
$910
$1,120
$1,230
FY 2023
$570
$660
$830
$1,030
$1,120
Questions about Genesee, MI rents
How much will Section 8 pay for a two-bedroom in Genesee, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,133, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,020 to $1,246 a month; under the ZIP-level Small Area FMR of $1,010 it would be $909 to $1,111. 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 Genesee, MI in?
Genesee, MI is in the Flint, MI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,133.
How much did fair market rent change in Genesee, MI for FY 2027?
The two-bedroom FMR rose 4.1%, from $970 in FY 2026 to $1,010 in FY 2027. Since FY 2023 it has risen 21.7%.
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