FMR is near market; voucher and private rents are aligned.
1.05
1 BR
1 BR- 49254
1.03ratio
FMR$1,100
Market$1,070
vs market+$30
FMR is near market; voucher and private rents are aligned.
1.03
2 BR
2 BR- 49254
1.11ratio
FMR$1,340
Market$1,210
vs market+$130
FMR is above market; underwrite to market rent.
1.11
3 BR
3 BR- 49254
1.30ratio
FMR$1,760
Market$1,350
vs market+$410
FMR is above market; underwrite to market rent.
1.30
4 BR
4 BR- 49254
1.05ratio
FMR$1,760
Market$1,670
vs market+$90
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
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Michigan Center, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Michigan Center, MI is $1,340 a month. That is up 11.7% from $1,200 in FY 2026. Michigan Center is in the Jackson, 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 $1,201. The median county two-bedroom FMR in Michigan is $1,085, so Michigan Center is 24% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Michigan Center, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$860
$1,000
+16.3%
$900–$1,100
1BR
$970
$1,100
+13.4%
$990–$1,210
2BR
$1,200
$1,340
+11.7%
$1,206–$1,474
3BR
$1,580
$1,760
+11.4%
$1,584–$1,936
4BR
$1,680
$1,760
+4.8%
$1,584–$1,936
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Michigan Center, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,000
$1,100
$1,340
$1,760
$1,760
FY 2026
$860
$970
$1,200
$1,580
$1,680
FY 2025
$780
$900
$1,100
$1,460
$1,630
FY 2024
$720
$860
$1,040
$1,370
$1,570
FY 2023
$670
$810
$960
$1,280
$1,450
Questions about Michigan Center, MI rents
How much will Section 8 pay for a two-bedroom in Michigan Center, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,201, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,081 to $1,321 a month; under the ZIP-level Small Area FMR of $1,340 it would be $1,206 to $1,474. 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 Michigan Center, MI in?
Michigan Center, MI is in the Jackson, MI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,201.
How much did fair market rent change in Michigan Center, MI for FY 2027?
The two-bedroom FMR rose 11.7%, from $1,200 in FY 2026 to $1,340 in FY 2027. Since FY 2023 it has risen 39.6%.
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