WELLS, MI
CitySAFMR
Delta County
Found 1 ZIP
BRFMR
Eff. Rent
0 BR$760$760
1 BR$790$790
2 BR$1,030$1,030
3 BR$1,370$1,240
4 BR$1,730$1,260
5 BR$1,989
6 BR$2,288
7 BR$2,631
8 BR$3,026

Market Alignment

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

Studio
Studio· 49894
0.73ratio
FMR$760
Market$1,040
vs market-$280

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

0.73
1 BR
1 BR· 49894
0.77ratio
FMR$790
Market$1,020
vs market-$230

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

0.77
2 BR
2 BR· 49894
0.87ratio
FMR$1,030
Market$1,190
vs market-$160

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

0.87
3 BR
3 BR· 49894
1.10ratio
FMR$1,370
Market$1,240
vs market+$130

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

1.10
4 BR
4 BR· 49894
1.37ratio
FMR$1,730
Market$1,260
vs market+$470

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

1.37
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
$91,141
Rent
$1,030
Down payment
$18,228
Loan
$72,913
Mortgage
$461
Expenses
$369
Market inputs
About this result(HUD FMR/SAFMR details)

This page shows HUD Fair Market Rent data for WELLS, 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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