Skip to main content
Loading page

Whittaker, MI

CitySAFMR
Washtenaw County
Found 1 ZIP

City Median Investment Score

63Below average

095130300
BRFMR
Eff. Rent
0 BR$1,270$1,400
1 BR$1,320$1,450
2 BR$1,610$1,670
3 BR$1,950$2,150
4 BR$2,220$2,440
5 BR$2,553Not available
6 BR$2,936Not available
7 BR$3,376Not available
8 BR$3,883Not available

Purchase Price Calculator

Maximum purchase price
$186,245

Cost breakdown

+Likely effective rent$1,670
HUD FMR$1,610
Market rent$1,700
Est. payment standard (104%)Used$1,670
-Principal and interest-$942
Loan amount$148,996
Down payment$37,249
Rate6.50%
Term30 years
-Operating costs-$528
Property taxes-$186
Insurance-$175
Utilities$0
HOA$0
Management-$167
=Target cash flow+$200
Calculation mode

Hold period projections

Annual appreciation rate
3-year hold
+$26,859(72.1% ROI)
Projected value
$200,565
Return breakdown
Property appreciation+$14,320
Loan principal paid down+$5,338
Rental cash flow+$7,200
5-year hold
+$45,993(123.5% ROI)
Projected value
$210,719
Return breakdown
Property appreciation+$24,474
Loan principal paid down+$9,519
Rental cash flow+$12,000
10-year hold
+$98,847(265.4% ROI)
Projected value
$238,409
Return breakdown
Property appreciation+$52,164
Loan principal paid down+$22,683
Rental cash flow+$24,000

Public Housing Authority

Loading Public Housing Authority

Rolodex

Loading Rolodex

Market Alignment

Studio
0.68
1 BR
0.86
2 BR
0.95
3 BR
0.86
4 BR
0.86
0.701.001.30aligned range
Historical
FY 2023-2027
FMR
FY2027
Market rent
last ~365 days
Property value
--
Tax rate
--
Mortgage rate
--

Whittaker, MI fair market rent, FY 2027

For FY 2027, HUD's Small Area Fair Market Rent for a two-bedroom unit in Whittaker, MI is $1,610 a month. That is up 1.9% from $1,580 in FY 2026. Whittaker is in the Ann Arbor, MI MSA. HUD also publishes the ZIP-level Small Area FMRs shown here, but unless the local housing authority has adopted them, vouchers are based on the metro-wide two-bedroom FMR of $1,804. The median county two-bedroom FMR in Michigan is $1,085, so Whittaker is 48% above it.

FY 2027 rent by bedroom

FY 2027 fair market rent by bedroom for Whittaker, MI
BedroomsFY 2027Change90–110% range
Studio$1,2700.0%$1,143–$1,397
1BR$1,320+1.5%$1,188–$1,452
2BR$1,610+1.9%$1,449–$1,771
3BR$1,950+2.6%$1,755–$2,145
4BR$2,220+1.4%$1,998–$2,442

Fair market rent history, FY 2023–2027

Fair market rent by fiscal year for Whittaker, MI
Fiscal yearStudio1BR2BR3BR4BR
FY 2027$1,270$1,320$1,610$1,950$2,220
FY 2026$1,270$1,300$1,580$1,900$2,190
FY 2025$1,260$1,300$1,590$1,920$2,180
FY 2024$1,290$1,310$1,580$1,910$2,190
FY 2023$1,200$1,220$1,470$1,790$2,070

Questions about Whittaker, MI rents

How much will Section 8 pay for a two-bedroom in Whittaker, MI?

Housing authorities set voucher payment standards, normally between 90% and 110% of the FMR. With the metro-wide two-bedroom FMR of $1,804, which applies unless the housing authority uses Small Area FMRs, that basic range is $1,624 to $1,984 a month; under the ZIP-level Small Area FMR of $1,610 it would be $1,449 to $1,771. 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 Whittaker, MI in?

Whittaker, MI is in the Ann Arbor, MI MSA. Small Area FMRs are optional here; the metro-wide two-bedroom FMR is $1,804.

How much did fair market rent change in Whittaker, MI for FY 2027?

The two-bedroom FMR rose 1.9%, from $1,580 in FY 2026 to $1,610 in FY 2027. Since FY 2023 it has risen 9.5%.

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