MI/Berrien County/SAINT JOSEPH
SAINT JOSEPH, MI
CitySAFMR
Berrien County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$940$1,030
1 BR$1,040$1,140
2 BR$1,370$1,510
3 BR$1,800$1,980
4 BR$1,810$1,990
5 BR$2,082
6 BR$2,394
7 BR$2,753
8 BR$3,166

Purchase Price Calculator

Maximum purchase price
$162,469

Cost breakdown

+Likely effective rent$1,510
HUD FMR$1,370
Market rent$1,610
Est. payment standard (110%)Used$1,510
Estimated payment standard is $1,510 (110% of FMR).
-Principal and interest-$822
Loan amount$129,975
Down payment$32,494
Rate6.50%
Term30 years
-Operating costs-$488
Property taxes-$162
Insurance-$175
Utilities$0
HOA$0
Management-$151
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$24,349(74.9% ROI)
Projected value
$174,961
Current value$162,469
Return breakdown
Property appreciation+$12,492
Loan principal paid down+$4,657
Rental cash flow+$7,200
5-year hold
+$41,654(128.2% ROI)
Projected value
$183,819
Current value$162,469
Return breakdown
Property appreciation+$21,350
Loan principal paid down+$8,304
Rental cash flow+$12,000
10-year hold
+$89,292(274.8% ROI)
Projected value
$207,974
Current value$162,469
Return breakdown
Property appreciation+$45,505
Loan principal paid down+$19,787
Rental cash flow+$24,000

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Market Alignment

FMR / market rent by bedroom; grey wings show the 90-110% payment-standard spread.

Studio
Studio- 49085
0.82ratio
FMR$940
Market$1,140
vs market-$200

FMR is below market; voucher rent may lag private rents.

90% standard$846 / 0.74 ratio110% standard$1,034 / 0.91 ratio
0.82
1 BR
1 BR- 49085
0.81ratio
FMR$1,040
Market$1,290
vs market-$250

FMR is below market; voucher rent may lag private rents.

90% standard$936 / 0.73 ratio110% standard$1,144 / 0.89 ratio
0.81
2 BR
2 BR- 49085
0.85ratio
FMR$1,370
Market$1,610
vs market-$240

FMR is below market; voucher rent may lag private rents.

90% standard$1,233 / 0.77 ratio110% standard$1,507 / 0.94 ratio
0.85
3 BR
3 BR- 49085
0.86ratio
FMR$1,800
Market$2,100
vs market-$300

FMR is below market; voucher rent may lag private rents.

90% standard$1,620 / 0.77 ratio110% standard$1,980 / 0.94 ratio
0.86
4 BR
4 BR- 49085
0.70ratio
FMR$1,810
Market$2,590
vs market-$780

FMR is below market; voucher rent may lag private rents.

90% standard$1,629 / 0.63 ratio110% standard$1,991 / 0.77 ratio
0.70
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for all bedroom sizes.

Historical
FY 2022-2026

Data freshness

FMR
FY2026
Market rent
last ~365 days
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for SAINT JOSEPH, 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.

Related ZIPs

SAINT JOSEPH, MI fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for SAINT JOSEPH, MI shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,370 and the 4 bedroom fair market rent is $1,810.

Use this page for searches like SAINT JOSEPH, MI FMR, SAINT JOSEPH, MI fair market rent, and SAINT JOSEPH, MI Section 8 payment standards. Local housing authorities can set payment standards above or below published HUD FMR, so confirm program rules before underwriting a property.

FY 2026 Fair Market Rent by bedroom size for SAINT JOSEPH, MI
Bedroom sizeHUD FMR
Studio$940
1 bedroom$1,040
2 bedroom$1,370
3 bedroom$1,800
4 bedroom$1,810