TRAVERSE CITY, MI
CitySAFMR
Grand Traverse County
Found 4 ZIPs
BRFMR
Eff. Rent
0 BR$1,100 – $1,250$1,210 – $1,380
1 BR$1,110 – $1,250$1,220 – $1,380
2 BR$1,320 – $1,490$1,450 – $1,640
3 BR$1,700 – $1,920$1,520 – $2,110
4 BR$1,750 – $1,970$1,930 – $2,170
5 BR$2,093
6 BR$2,407
7 BR$2,768
8 BR$3,183

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Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 3 ZIPs
0.74-0.75ratio range
Median FMR$1,120
Median Market$1,490
vs market-$370

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

3
Studio- 1 ZIP
0.84ratio
FMR$1,250
Market$1,490
vs market-$240

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

0.74-0.84
1 BR
1 BR- 1 ZIP
0.62ratio
FMR$1,110
Market$1,790
vs market-$680

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

1
1 BR- 1 ZIP
0.66ratio
FMR$1,150
Market$1,750
vs market-$600

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

1
1 BR- 1 ZIP
0.70ratio
FMR$1,250
Market$1,790
vs market-$540

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

1
1 BR- 1 ZIP
0.74ratio
FMR$1,190
Market$1,610
vs market-$420

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

1
0.62-0.74
2 BR
2 BR- 1 ZIP
0.61ratio
FMR$1,320
Market$2,170
vs market-$850

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

1
2 BR- 2 ZIPs
0.69-0.72ratio range
Median FMR$1,430
Median Market$2,035
vs market-$605

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

2
2 BR- 1 ZIP
0.91ratio
FMR$1,380
Market$1,510
vs market-$130

FMR is near market; voucher and private rents are aligned.

1
0.61-0.91
3 BR
3 BR- 1 ZIP
0.69ratio
FMR$1,700
Market$2,470
vs market-$770

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

1
3 BR- 2 ZIPs
0.78-0.79ratio range
Median FMR$1,840
Median Market$2,345
vs market-$505

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

2
3 BR- 1 ZIP
1.15ratio
FMR$1,750
Market$1,520
vs market+$230

FMR is above market; underwrite to market rent.

1
0.69-1.15
4 BR
4 BR- 2 ZIPs
0.59-0.63ratio range
Median FMR$1,780
Median Market$2,920
vs market-$1,140

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

2
4 BR- 1 ZIP
0.67ratio
FMR$1,970
Market$2,960
vs market-$990

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

1
4 BR- 1 ZIP
0.86ratio
FMR$1,830
Market$2,130
vs market-$300

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

1
0.59-0.86
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

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 TRAVERSE CITY, 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.

TRAVERSE CITY, MI fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for TRAVERSE CITY, MI shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,375 and the 4 bedroom fair market rent is $1,820.

Use this page for searches like TRAVERSE CITY, MI FMR, TRAVERSE CITY, MI fair market rent, and TRAVERSE CITY, 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 TRAVERSE CITY, MI
Bedroom sizeHUD FMR
Studio$1,135
1 bedroom$1,170
2 bedroom$1,375
3 bedroom$1,755
4 bedroom$1,820