FMR is below market; voucher rent may lag private rents.
0.76
1 BR
1 BR- 48071
0.75ratio
FMR$1,140
Market$1,510
vs market-$370
FMR is below market; voucher rent may lag private rents.
0.75
2 BR
2 BR- 48071
0.86ratio
FMR$1,430
Market$1,670
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.86
3 BR
3 BR- 48071
0.77ratio
FMR$1,740
Market$2,270
vs market-$530
FMR is below market; voucher rent may lag private rents.
0.77
4 BR
4 BR- 48071
0.81ratio
FMR$1,890
Market$2,320
vs market-$430
FMR is below market; voucher rent may lag private rents.
0.81
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
--
Madison Heights, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Madison Heights, MI is $1,430 a month. That is up 3.6% from $1,380 in FY 2026. Madison Heights 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 Madison Heights is 32% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Madison Heights, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$990
$1,030
+4.0%
$927–$1,133
1BR
$1,100
$1,140
+3.6%
$1,026–$1,254
2BR
$1,380
$1,430
+3.6%
$1,287–$1,573
3BR
$1,690
$1,740
+3.0%
$1,566–$1,914
4BR
$1,830
$1,890
+3.3%
$1,701–$2,079
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Madison Heights, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,030
$1,140
$1,430
$1,740
$1,890
FY 2026
$990
$1,100
$1,380
$1,690
$1,830
FY 2025
$990
$1,080
$1,370
$1,680
$1,820
FY 2024
$930
$1,030
$1,300
$1,610
$1,730
FY 2023
$860
$970
$1,230
$1,530
$1,650
Questions about Madison Heights, MI rents
How much will Section 8 pay for a two-bedroom in Madison Heights, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,430, that basic range is $1,287 to $1,573 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 Madison Heights, MI in?
Madison Heights, 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 Madison Heights, MI for FY 2027?
The two-bedroom FMR rose 3.6%, from $1,380 in FY 2026 to $1,430 in FY 2027. Since FY 2023 it has risen 16.3%.
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