FMR is near market; voucher and private rents are aligned.
0.92
1 BR
1 BR- 48174
0.91ratio
FMR$1,100
Market$1,210
vs market-$110
FMR is near market; voucher and private rents are aligned.
0.91
2 BR
2 BR- 48174
0.97ratio
FMR$1,370
Market$1,410
vs market-$40
FMR is near market; voucher and private rents are aligned.
0.97
3 BR
3 BR- 48174
0.90ratio
FMR$1,670
Market$1,860
vs market-$190
FMR is below market; voucher rent may lag private rents.
0.90
4 BR
4 BR- 48174
0.78ratio
FMR$1,810
Market$2,310
vs market-$500
FMR is below market; voucher rent may lag private rents.
0.78
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
--
Romulus, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Romulus, MI is $1,370 a month. That is up 2.2% from $1,340 in FY 2026. Romulus 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 Romulus is 26% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Romulus, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$960
$980
+2.1%
$882–$1,078
1BR
$1,070
$1,100
+2.8%
$990–$1,210
2BR
$1,340
$1,370
+2.2%
$1,233–$1,507
3BR
$1,640
$1,670
+1.8%
$1,503–$1,837
4BR
$1,770
$1,810
+2.3%
$1,629–$1,991
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Romulus, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$980
$1,100
$1,370
$1,670
$1,810
FY 2026
$960
$1,070
$1,340
$1,640
$1,770
FY 2025
$940
$1,040
$1,310
$1,600
$1,740
FY 2024
$900
$990
$1,260
$1,560
$1,680
FY 2023
$820
$930
$1,180
$1,470
$1,590
Questions about Romulus, MI rents
How much will Section 8 pay for a two-bedroom in Romulus, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,370, that basic range is $1,233 to $1,507 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 Romulus, MI in?
Romulus, 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 Romulus, MI for FY 2027?
The two-bedroom FMR rose 2.2%, from $1,340 in FY 2026 to $1,370 in FY 2027. Since FY 2023 it has risen 16.1%.
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