FMR is near market; voucher and private rents are aligned.
0.93
1 BR
1 BR- 48173
1.10ratio
FMR$1,110
Market$1,010
vs market+$100
FMR is near market; voucher and private rents are aligned.
1.10
2 BR
2 BR- 48173
0.97ratio
FMR$1,390
Market$1,440
vs market-$50
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 48173
0.93ratio
FMR$1,690
Market$1,820
vs market-$130
FMR is near market; voucher and private rents are aligned.
0.93
4 BR
4 BR- 48173
0.92ratio
FMR$1,840
Market$1,990
vs market-$150
FMR is near market; voucher and private rents are aligned.
0.92
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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Rockwood, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Rockwood, MI is $1,390 a month. That is up 3.7% from $1,340 in FY 2026. Rockwood 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 Rockwood is 28% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Rockwood, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$960
$1,000
+4.2%
$900–$1,100
1BR
$1,070
$1,110
+3.7%
$999–$1,221
2BR
$1,340
$1,390
+3.7%
$1,251–$1,529
3BR
$1,640
$1,690
+3.0%
$1,521–$1,859
4BR
$1,770
$1,840
+4.0%
$1,656–$2,024
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Rockwood, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,000
$1,110
$1,390
$1,690
$1,840
FY 2026
$960
$1,070
$1,340
$1,640
$1,770
FY 2025
$930
$1,020
$1,290
$1,580
$1,710
FY 2024
$860
$960
$1,210
$1,500
$1,610
FY 2023
$790
$890
$1,130
$1,410
$1,520
Questions about Rockwood, MI rents
How much will Section 8 pay for a two-bedroom in Rockwood, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,390, that basic range is $1,251 to $1,529 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 Rockwood, MI in?
Rockwood, 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 Rockwood, MI for FY 2027?
The two-bedroom FMR rose 3.7%, from $1,340 in FY 2026 to $1,390 in FY 2027. Since FY 2023 it has risen 23.0%.
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