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MI/Macomb County/Roseville

Roseville, MI

CitySAFMR
Macomb County
Found 1 ZIP

City Median Investment Score

163High yield potential

095130300
BRFMR
Eff. Rent
0 BR$1,050$1,080
1 BR$1,180$1,210
2 BR$1,470$1,320
3 BR$1,790$1,670
4 BR$1,940$1,940
5 BR$2,231Not available
6 BR$2,566Not available
7 BR$2,950Not available
8 BR$3,393Not available

Purchase Price Calculator

Maximum purchase price
$134,235

Cost breakdown

+Likely effective rent$1,320
HUD FMR$1,470
Market rentUsed$1,320
Est. payment standard (93%)$1,370
-Principal and interest-$679
Loan amount$107,388
Down payment$26,847
Rate6.50%
Term30 years
-Operating costs-$441
Property taxes-$134
Insurance-$175
Utilities$0
HOA$0
Management-$132
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$21,369(79.6% ROI)
Projected value
$144,556
Return breakdown
Property appreciation+$10,321
Loan principal paid down+$3,847
Rental cash flow+$7,200
5-year hold
+$36,501(136.0% ROI)
Projected value
$151,875
Return breakdown
Property appreciation+$17,640
Loan principal paid down+$6,861
Rental cash flow+$12,000
10-year hold
+$77,946(290.3% ROI)
Projected value
$171,832
Return breakdown
Property appreciation+$37,597
Loan principal paid down+$16,349
Rental cash flow+$24,000

Public Housing Authority

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Rolodex

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Market Alignment

Studio
0.96
1 BR
0.97
2 BR
1.11
3 BR
1.07
4 BR
1.00
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Roseville, MI fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Roseville, MI is $1,470 a month. That is up 2.8% from $1,430 in FY 2026. Roseville 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 Roseville is 35% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Roseville, MI
BedroomsFY 2027Change90–110% range
Studio$1,050+2.9%$945–$1,155
1BR$1,180+3.5%$1,062–$1,298
2BR$1,470+2.8%$1,323–$1,617
3BR$1,790+2.3%$1,611–$1,969
4BR$1,940+2.6%$1,746–$2,134

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Roseville, MI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,050$1,180$1,470$1,790$1,940
FY 2026$1,020$1,140$1,430$1,750$1,890
FY 2025$1,010$1,110$1,400$1,710$1,860
FY 2024$960$1,060$1,340$1,660$1,780
FY 2023$880$1,000$1,270$1,580$1,710

Questions about Roseville, MI rents

How much will Section 8 pay for a two-bedroom in Roseville, MI?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,470, that basic range is $1,323 to $1,617 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 Roseville, MI in?

Roseville, 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 Roseville, MI for FY 2027?

The two-bedroom FMR rose 2.8%, from $1,430 in FY 2026 to $1,470 in FY 2027. Since FY 2023 it has risen 15.7%.

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