FMR is below market; voucher rent may lag private rents.
0.68
1 BR
1 BR- 48180
0.78ratio
FMR$1,020
Market$1,300
vs market-$280
FMR is below market; voucher rent may lag private rents.
0.78
2 BR
2 BR- 48180
0.88ratio
FMR$1,270
Market$1,440
vs market-$170
FMR is below market; voucher rent may lag private rents.
0.88
3 BR
3 BR- 48180
0.87ratio
FMR$1,550
Market$1,790
vs market-$240
FMR is below market; voucher rent may lag private rents.
0.87
4 BR
4 BR- 48180
0.90ratio
FMR$1,680
Market$1,860
vs market-$180
FMR is near market; voucher and private rents are aligned.
0.90
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
--
Taylor, MI fair market rent, FY 2027
For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Taylor, MI is $1,270 a month. That is up 5.0% from $1,210 in FY 2026. Taylor 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 Taylor is 17% above it.
FY 2027 rent by bedroom
FY 2027 fair market rent by bedroom for Taylor, MI
Bedrooms
FY 2026
FY 2027
Change
90–110% range
Studio
$870
$910
+4.6%
$819–$1,001
1BR
$960
$1,020
+6.3%
$918–$1,122
2BR
$1,210
$1,270
+5.0%
$1,143–$1,397
3BR
$1,480
$1,550
+4.7%
$1,395–$1,705
4BR
$1,600
$1,680
+5.0%
$1,512–$1,848
Fair market rent history, FY 2023–2027
Fair market rent by fiscal year for Taylor, MI
Fiscal year
Studio
1BR
2BR
3BR
4BR
FY 2027
$910
$1,020
$1,270
$1,550
$1,680
FY 2026
$870
$960
$1,210
$1,480
$1,600
FY 2025
$840
$930
$1,170
$1,440
$1,550
FY 2024
$810
$890
$1,130
$1,400
$1,500
FY 2023
$750
$850
$1,080
$1,350
$1,450
Questions about Taylor, MI rents
How much will Section 8 pay for a two-bedroom in Taylor, MI?
Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With a two-bedroom FMR of $1,270, that basic range is $1,143 to $1,397 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 Taylor, MI in?
Taylor, 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 Taylor, MI for FY 2027?
The two-bedroom FMR rose 5.0%, from $1,210 in FY 2026 to $1,270 in FY 2027. Since FY 2023 it has risen 17.6%.
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