FMR is near market; voucher and private rents are aligned.
1.01
1 BR
1 BR- 48179
1.12ratio
FMR$1,270
Market$1,130
vs market+$140
FMR is above market; underwrite to market rent.
1.12
2 BR
2 BR- 48179
1.20ratio
FMR$1,660
Market$1,380
vs market+$280
FMR is above market; underwrite to market rent.
1.20
3 BR
3 BR- 48179
1.43ratio
FMR$2,030
Market$1,420
vs market+$610
FMR is above market; underwrite to market rent.
1.43
4 BR
4 BR- 48179
1.73ratio
FMR$2,740
Market$1,580
vs market+$1,160
FMR is above market; underwrite to market rent.
1.73
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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South Rockwood, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in South Rockwood, MI is $1,660 a month. That is down 1.2% from $1,680 in FY 2026. South Rockwood is in the Monroe, MI MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,304. The median county two-bedroom FMR in Michigan is $1,085, so South Rockwood is 53% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for South Rockwood, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$1,160
$1,160
0.0%
$1,044–$1,276
1BR
$1,280
$1,270
−0.8%
$1,143–$1,397
2BR
$1,680
$1,660
−1.2%
$1,494–$1,826
3BR
$2,030
$2,030
0.0%
$1,827–$2,233
4BR
$2,720
$2,740
+0.7%
$2,466–$3,014
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for South Rockwood, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$1,160
$1,270
$1,660
$2,030
$2,740
FY 2026
$1,160
$1,280
$1,680
$2,030
$2,720
FY 2025
$1,080
$1,200
$1,580
$1,960
$2,510
FY 2024
$990
$1,110
$1,460
$1,820
$2,370
FY 2023
$910
$1,040
$1,360
$1,730
$2,220
Questions about South Rockwood, MI rents
How much will Section 8 pay for a two-bedroom in South Rockwood, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,304, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,174 to $1,434 a month; under the ZIP-level Small Area FMR of $1,660 it would be $1,494 to $1,826. 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 South Rockwood, MI in?
South Rockwood, MI is in the Monroe, MI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,304.
How much did fair market rent change in South Rockwood, MI for FY 2027?
The two-bedroom FMR fell 1.2%, from $1,680 in FY 2026 to $1,660 in FY 2027. Since FY 2023 it has risen 22.1%.
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