OWOSSO, MI
CitySAFMR
Shiawassee County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$760$760
1 BR$780$780
2 BR$1,030$1,030
3 BR$1,380$1,250
4 BR$1,520$1,320
5 BR$1,748
6 BR$2,010
7 BR$2,312
8 BR$2,658

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 48867
0.84ratio
FMR$760
Market$910
vs market-$150

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.84
1 BR
1 BR· 48867
0.84ratio
FMR$780
Market$930
vs market-$150

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.84
2 BR
2 BR· 48867
0.95ratio
FMR$1,030
Market$1,080
vs market-$50

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.95
3 BR
3 BR· 48867
1.10ratio
FMR$1,380
Market$1,250
vs market+$130

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.10
4 BR
4 BR· 48867
1.15ratio
FMR$1,520
Market$1,320
vs market+$200

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.15
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$91,141
Rent
$1,030
Down payment
$18,228
Loan
$72,913
Mortgage
$461
Expenses
$369
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for OWOSSO, MI (MI) for FY 2026. Fair Market Rent (FMR) is a HUD benchmark used to determine payment standards for programs like the Housing Choice Voucher (Section 8) program.

Values are shown for 0–4 bedroom units. In some metro areas HUD publishes Small Area FMR (SAFMR) at the ZIP-code level; otherwise the county/metropolitan-area FMR applies. This result is labeled SAFMR based on HUD's designation for the area and the available data.

Tip: use these numbers as a starting point and confirm local program rules (payment standards may differ from HUD's published FMR). If you're comparing neighborhoods, SAFMR ZIP ranges can highlight variation within the same county.

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