FMR is below market; voucher rent may lag private rents.
0.85
1 BR
1 BR- 48438
0.85ratio
FMR$1,290
Market$1,520
vs market-$230
FMR is below market; voucher rent may lag private rents.
0.85
2 BR
2 BR- 48438
0.97ratio
FMR$1,560
Market$1,610
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 48438
0.93ratio
FMR$1,910
Market$2,050
vs market-$140
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 48438
1.05ratio
FMR$2,200
Market$2,100
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.05
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
--
Goodrich, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Goodrich, MI is $1,560 a month. That is up 8.3% from $1,440 in FY 2026. Goodrich 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 Goodrich is 44% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Goodrich, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,020
$1,100
+7.8%
$990–$1,210
1BR
$1,190
$1,290
+8.4%
$1,161–$1,419
2BR
$1,440
$1,560
+8.3%
$1,404–$1,716
3BR
$1,770
$1,910
+7.9%
$1,719–$2,101
4BR
$2,060
$2,200
+6.8%
$1,980–$2,420
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Goodrich, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,100
$1,290
$1,560
$1,910
$2,200
FY 2026
$1,020
$1,190
$1,440
$1,770
$2,060
FY 2025
$1,000
$1,150
$1,420
$1,750
$1,990
FY 2024
$1,080
$1,240
$1,550
$1,920
$2,100
FY 2023
$990
$1,140
$1,440
$1,790
$1,940
Questions about Goodrich, MI rents
How much will Section 8 pay for a two-bedroom in Goodrich, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,560, that basic range is $1,404 to $1,716 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 Goodrich, MI in?
Goodrich, 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 Goodrich, MI for FY 2027?
The two-bedroom FMR rose 8.3%, from $1,440 in FY 2026 to $1,560 in FY 2027. Since FY 2023 it has risen 8.3%.
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