FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 48838
0.99ratio
FMR$1,160
Market$1,170
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
2 BR
2 BR- 48838
0.88ratio
FMR$1,380
Market$1,560
vs market-$180
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 48838
0.99ratio
FMR$1,790
Market$1,800
vs market-$10
FMR is near market; voucher and private rents are aligned.
0.99
4 BR
4 BR- 48838
0.94ratio
FMR$1,980
Market$2,100
vs market-$120
FMR is near market; voucher and private rents are aligned.
0.94
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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Greenville, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Greenville, MI is $1,380 a month. That is up 6.2% from $1,300 in FY 2026. Greenville is in the Montcalm County, MI HUD Metro FMR Area. 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 $1,181. The median county two-bedroom FMR in Michigan is $1,085, so Greenville is 27% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Greenville, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,050
$1,110
+5.7%
$999–$1,221
1BR
$1,090
$1,160
+6.4%
$1,044–$1,276
2BR
$1,300
$1,380
+6.2%
$1,242–$1,518
3BR
$1,700
$1,790
+5.3%
$1,611–$1,969
4BR
$1,860
$1,980
+6.5%
$1,782–$2,178
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Greenville, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,110
$1,160
$1,380
$1,790
$1,980
FY 2026
$1,050
$1,090
$1,300
$1,700
$1,860
FY 2025
$990
$1,030
$1,240
$1,610
$1,770
FY 2024
$940
$1,000
$1,200
$1,560
$1,740
FY 2023
$730
$790
$960
$1,230
$1,430
Questions about Greenville, MI rents
How much will Section 8 pay for a two-bedroom in Greenville, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,181, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,063 to $1,299 a month; under the ZIP-level Small Area FMR of $1,380 it would be $1,242 to $1,518. 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 Greenville, MI in?
Greenville, MI is in the Montcalm County, MI HUD Metro FMR Area. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,181.
How much did fair market rent change in Greenville, MI for FY 2027?
The two-bedroom FMR rose 6.2%, from $1,300 in FY 2026 to $1,380 in FY 2027. Since FY 2023 it has risen 43.8%.
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