MI/Oakland County/WALLED LAKE
WALLED LAKE, MI
CitySAFMR
Oakland County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$1,400$1,240
1 BR$1,560$1,480
2 BR$1,960$1,830
3 BR$2,390$2,390
4 BR$2,600$2,600
5 BR$2,990
6 BR$3,438
7 BR$3,954
8 BR$4,547

Market Alignment

How HUD fair market rents align with the state of the rental market.

Studio
Studio· 48390
1.13ratio
FMR$1,400
Market$1,240
vs market+$160

FMR exceeds market. Payment is likely to be capped due to rent reasonableness requirements in this area.

1.13
1 BR
1 BR· 48390
1.05ratio
FMR$1,560
Market$1,480
vs market+$80

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.05
2 BR
2 BR· 48390
1.07ratio
FMR$1,960
Market$1,830
vs market+$130

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

1.07
3 BR
3 BR· 48390
0.96ratio
FMR$2,390
Market$2,490
vs market-$100

FMR aligns with market rates. Payment is likely to be at or near the FMR in this area.

0.96
4 BR
4 BR· 48390
0.75ratio
FMR$2,600
Market$3,480
vs market-$880

FMR falls below market. Section 8 income will likely be below what private tenants pay in this area.

0.75
0.700.800.901.001.101.201.30aligned range

Voucher alignment varies significantly by bedroom size in this area.

Bedroom curve

Historical
See FMR progression in recent years

Data indexed

FMR
FY2026
Market rent
last ~365 days

Purchase Price Calculator

Maximum purchase price
$229,339
Rent
$1,960
Down payment
$45,868
Loan
$183,471
Mortgage
$1,160
Expenses
$600
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for WALLED LAKE, 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.

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