MI/Oakland County/TROY
TROY, MI
CitySAFMR
Oakland County
Found 5 ZIPs
Zillow
BRFMR
Eff. Rent
0 BR$1,130 – $1,520▲$1,240 – $1,670
1 BR$1,260 – $1,690▲$1,390 – $1,680
2 BR$1,580 – $2,120▲$1,740 – $2,230
3 BR$1,930 – $2,590▲$2,120 – $2,650
4 BR$2,090 – $2,810▲$2,300 – $2,930
5 BR$2,955▲—
6 BR$3,399▲—
7 BR$3,909▲—
8 BR$4,495▲—

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Market Alignment

FMR / market rent by bedroom.

Studio
Studio- 1 ZIP
0.74ratio
FMR$1,130
Market$1,520
vs market-$390

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

1
Studio- 2 ZIPs
0.84-0.85ratio range
Median FMR$1,455
Median Market$1,725
vs market-$270

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

2
Studio- 1 ZIP
0.89ratio
FMR$1,250
Market$1,410
vs market-$160

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

1
Studio- 1 ZIP
1.07ratio
FMR$1,430
Market$1,340
vs market+$90

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

1
0.74-1.07
1 BR
1 BR- 1 ZIP
0.82ratio
FMR$1,260
Market$1,530
vs market-$270

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

1
1 BR- 1 ZIP
0.89ratio
FMR$1,540
Market$1,740
vs market-$200

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

1
1 BR- 2 ZIPs
0.91-0.92ratio range
Median FMR$1,490
Median Market$1,625
vs market-$135

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

2
1 BR- 1 ZIP
1.01ratio
FMR$1,690
Market$1,680
vs market+$10

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

1
0.82-1.01
2 BR
2 BR- 1 ZIP
0.64ratio
FMR$1,580
Market$2,450
vs market-$870

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

1
2 BR- 1 ZIP
0.75ratio
FMR$2,000
Market$2,660
vs market-$660

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

1
2 BR- 1 ZIP
0.89ratio
FMR$1,940
Market$2,170
vs market-$230

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

1
2 BR- 2 ZIPs
0.93ratio range
Median FMR$1,935
Median Market$2,090
vs market-$155

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

2
0.64-0.93
3 BR
3 BR- 1 ZIP
0.77ratio
FMR$1,930
Market$2,500
vs market-$570

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

1
3 BR- 1 ZIP
0.88ratio
FMR$2,440
Market$2,770
vs market-$330

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

1
3 BR- 2 ZIPs
0.97-0.98ratio range
Median FMR$2,255
Median Market$2,315
vs market-$60

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

2
3 BR- 1 ZIP
1.05ratio
FMR$2,590
Market$2,470
vs market+$120

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

1
0.77-1.05
4 BR
4 BR- 1 ZIP
0.68ratio
FMR$2,090
Market$3,090
vs market-$1,000

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

1
4 BR- 2 ZIPs
0.79-0.81ratio range
Median FMR$2,485
Median Market$3,105
vs market-$620

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

2
4 BR- 1 ZIP
0.84ratio
FMR$2,570
Market$3,050
vs market-$480

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

1
4 BR- 1 ZIP
0.94ratio
FMR$2,810
Market$3,000
vs market-$190

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

1
0.68-0.94
0.700.800.901.001.101.201.30aligned range

Voucher rents are below market for smaller unit 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 TROY, 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.

What is FMR?What is SAFMR?Data sourcesIncomplete geosView county page
Related ZIPs
4808348084480854809848099

TROY, MI fair market rent and Section 8 rent limits

The FY 2026 HUD Small Area Fair Market Rent (SAFMR) page for TROY, MI shows monthly rent limits by bedroom size for Housing Choice Voucher and Section 8 comparisons. The 2 bedroom fair market rent is $1,940 and the 4 bedroom fair market rent is $2,570.

Use this page for searches like TROY, MI FMR, TROY, MI fair market rent, and TROY, 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 TROY, MI
Bedroom sizeHUD FMR
Studio$1,390
1 bedroom$1,540
2 bedroom$1,940
3 bedroom$2,370
4 bedroom$2,570
Oakland County fair market rent48083 FMR48084 FMR48085 FMR48098 FMR48099 FMR