FMR is near market; voucher and private rents are aligned.
1.06
1 BR
1 BR- 48138
1.16ratio
FMR$1,360
Market$1,170
vs market+$190
FMR is above market; underwrite to market rent.
1.16
2 BR
2 BR- 48138
1.17ratio
FMR$1,700
Market$1,450
vs market+$250
FMR is above market; underwrite to market rent.
1.17
3 BR
3 BR- 48138
1.00ratio
FMR$2,070
Market$2,070
vs market+$0
FMR is near market; voucher and private rents are aligned.
1.00
4 BR
4 BR- 48138
0.97ratio
FMR$2,250
Market$2,330
vs market-$80
FMR is near market; voucher and private rents are aligned.
0.97
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
--
Grosse Ile, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Grosse Ile, MI is $1,700 a month. That is up 1.8% from $1,670 in FY 2026. Grosse Ile 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 Grosse Ile is 57% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Grosse Ile, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,190
$1,220
+2.5%
$1,098–$1,342
1BR
$1,330
$1,360
+2.3%
$1,224–$1,496
2BR
$1,670
$1,700
+1.8%
$1,530–$1,870
3BR
$2,040
$2,070
+1.5%
$1,863–$2,277
4BR
$2,210
$2,250
+1.8%
$2,025–$2,475
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Grosse Ile, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,220
$1,360
$1,700
$2,070
$2,250
FY 2026
$1,190
$1,330
$1,670
$2,040
$2,210
FY 2025
$1,180
$1,300
$1,640
$2,010
$2,170
FY 2024
$1,090
$1,210
$1,530
$1,890
$2,040
FY 2023
$990
$1,110
$1,420
$1,770
$1,910
Questions about Grosse Ile, MI rents
How much will Section 8 pay for a two-bedroom in Grosse Ile, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,700, that basic range is $1,530 to $1,870 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 Grosse Ile, MI in?
Grosse Ile, 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 Grosse Ile, MI for FY 2027?
The two-bedroom FMR rose 1.8%, from $1,670 in FY 2026 to $1,700 in FY 2027. Since FY 2023 it has risen 19.7%.
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